Head of Internal

Profiile Criteria:

1. Candidate with significant (10 years+) post-qualification internal audit experience from the wealth / asset management or private banking sectors. Must possess good knowledge of a wealth / asset management or private banking business
2. Already SMF5 accredited or an eligible candidate to become SMF5
3. Professional Accounting / Audit certifications (e.g., ACA, ACCA, CIA, etc.)
4. Working knowledge of UK (PRA/FCA) regulatory/CASS desirable
5. Team management / leadership / development experience and strong stakeholder management experience 

Responsibilities:

• Perform, in cooperation with Group Internal Audit, a periodic risk assessment of the firm’s activities of all entities, taking into consideration external developments and internal factors. Fraud risk should also be considered and assessed as part of this risk exercise.
• Prepare, in cooperation with Group Internal Audit, the annual audit plan of the activities of all the firm’s entities, ensuring that all key risks are periodically covered and significant legislative or regulatory issues impacting the organization are recognized, adequately addressed and complied with.
• Plan and execute audits in accordance with the annual audit plan and ad hoc special and consulting mandates in accordance with both UK and Group Audit Committee and Management requests.
• Make recommendations for improving management controls, profitability, and protecting the firm’s / Group's image and reputation.
• Prepare audit reports/memos.
• Follow-up of audit recommendations until their implementation.
• Prepare periodic activity reports to the attention of the UK Audit Committee.
• Make periodic presentation of Internal Audit activity in the UK Audit and Executive Committees.
• Participate, if needed, in audits of other Group entities outside London, thus a certain amount of travelling outside the UK is to be anticipated.
• Liaise with local regulators.
• Liaise with external auditors.
• Make recommendations for improving the efficiency and effectiveness of the internal audit process.
• Level of autonomy: Able to make decisions on department matters, individual assignments, and within the geographical and functional area of responsibility and ability to express internal audit opinion. Where needed, the Head of Audit is able to consult directly the Group Head of Audit.