At a Glance
- Tasks: Lead and manage audits in Market and Liquidity Risk for a global banking group.
- Company: Join a well-managed global corporate and investment banking group with a stable environment.
- Benefits: Up to £120,000 salary, bonus, hybrid working, and excellent career development.
- Other info: Enjoy a positive team culture and good work-life balance.
- Why this job: Make a real impact in a dynamic banking environment while growing your audit expertise.
- Qualifications: Fully qualified (ACA/CIA/IIA/ACCA/CPA/CA) with banking sector experience.
The predicted salary is between 100000 - 120000 £ per year.
Our client is a global corporate and investment banking group who have been well-managed over the last 15 years, achieving growth while offering a stable environment for its employees. Their Internal Audit function is now recruiting for an experienced VP Senior Audit Manager with experience managing and leading audits/teams, covering Market Risk and Liquidity Risk audits (with additional coverage and experience welcome as the Audit function likes their auditors to rotate areas of coverage from time to time, to help grow one’s audit experience, knowledge and career further). They are looking for a fully-qualified candidate (ACA/CIA/IIA/ACCA/CPA/CA) from the banking sector. This opportunity would also offer good work-life balance, commitment to hybrid working, excellent career development opportunities, a nice team and positive working environment.
Profile Criteria:
- Fully-Qualified (ACA / ACCA / CIA / IIA or other relevant qualification) with experience managing and leading audits/teams
- Market Risk and Liquidity Risk audit experience
- Banking sector experience essential, preferably within a medium or large global corporate and/or investment banking business
- Excellent communication and stakeholder management skills
Role Summary:
This role exists to deliver an independent view and assurance over the control environment in operation in the EMEA business entities of the Bank. It undertakes and manages audits across a range of activities and supports teams of auditors to deliver in-depth testing and review to support audit opinions. It contributes part of the audit opinion provided to the EMEA Management and Group Audit Committee.
Responsibilities / Tasks / Coverage:
- Preparation of planning material to ensure that the internal controls covering the key risks are appropriately tested in order to provide reasonable assurance to the Board, Group Management, Entity Management and other stakeholders, including regulators, that an effective internal control environment exists.
- Overseeing the work performed for the audit assignment by other team members. Providing guidance and support to team members as necessary.
- Directing testing to cover key areas of risk and determine the scope and focus in agreement with the Audit Partner of the review, and share expertise in their area with other team members.
- Preparing draft audit findings for review by AD Management. The audit findings must be factually accurate and clearly communicate the findings and recommendations.
- Preparing the final internal audit report. The report must clearly communicate areas of positive assurance as well as areas where improvement in the internal control environment is required.
- Undertaking follow-up and closure of internal audit recommendations. This process requires the validation of action taken by line Management for the closure of all High and Moderate priority findings and the provision of assistance and guidance to Management.
- May be also asked to assist the Audit Partner with maintaining relationships with Senior Management (D, ED and MD level) in a nominated area of responsibility, have insight into business activities and be able to comment on key areas of risk for those business areas.
- Contributing to Audit Department initiatives and work collaboratively across EMEA.
Skills, knowledge and experience that would be beneficial/useful:
- Professional Certifications: CIA, ACCA, CPA, or equivalent qualifications are highly desirable.
- Risk Management Expertise: In-depth knowledge of Market and Liquidity Risks, supported by hands-on audit experience in these areas.
- Industry Knowledge: Familiarity with banking operations, financial products, and regulatory requirements for a global banking business.
- Experience: Internal audit experience within financial services or a regulated environment.
- Technical Knowledge: Strong understanding of internal control frameworks, risk assessment methodologies, and audit standards.
- Analytical Skills: Ability to identify key risks, design appropriate testing strategies, and interpret complex data to form conclusions.
- Communication Skills: Excellent written and verbal communication skills to prepare clear, concise audit reports and present findings to senior stakeholders.
- Leadership & Team Management: Proven experience in overseeing audit assignments, guiding team members, and managing multiple priorities.
- Stakeholder Management: Ability to build and maintain relationships with senior management and influence decision-making.
- Resilience & Professionalism: Capacity to handle challenging discussions with senior stakeholders and articulate issues effectively.
- Audit Tools & Technology: Experience using audit management systems and data analytics tools.
- Project Management: Exposure to managing audit projects end-to-end, including planning, execution, and reporting.
- Cross-Regional Collaboration: Experience working in multinational teams and contributing to departmental initiatives.
VP Senior Audit Manager - Global Corporate and Investment Banking Group - Up to £120,000 + Bonus ... in London employer: LH Partners
Our client is an exceptional employer, offering a stable and supportive environment for its employees within the global corporate and investment banking sector. With a strong commitment to work-life balance and hybrid working arrangements, employees benefit from excellent career development opportunities and a collaborative team culture that fosters growth and knowledge sharing. This role not only provides the chance to lead impactful audits but also encourages rotation across various audit areas, enhancing professional experience in a dynamic and rewarding workplace.
StudySmarter Expert Advice🤫
We think this is how you could land VP Senior Audit Manager - Global Corporate and Investment Banking Group - Up to £120,000 + Bonus ... in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking sector, especially those who have experience in audit roles. A friendly chat can lead to insider info about job openings or even referrals that could give you a leg up.
✨Tip Number 2
Prepare for interviews by brushing up on your Market and Liquidity Risk knowledge. Be ready to discuss your past audit experiences and how they relate to the role. We want to see you shine, so practice articulating your thoughts clearly and confidently!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It shows your enthusiasm for the role and keeps you fresh in their minds.
✨Tip Number 4
Check out our website for the latest job openings! Applying directly through us not only gives you access to exclusive roles but also helps us match your skills with the right opportunities. Let’s get you that dream job!
We think you need these skills to ace VP Senior Audit Manager - Global Corporate and Investment Banking Group - Up to £120,000 + Bonus ... in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of VP Senior Audit Manager. Highlight your experience in managing audits and leading teams, especially in Market Risk and Liquidity Risk. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in the banking sector and how they relate to the responsibilities outlined in the job description.
Showcase Your Qualifications:Since we're looking for fully-qualified candidates, make sure to prominently display your qualifications like ACA, ACCA, or CIA. We want to see that you have the credentials to back up your experience in internal audit.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at LH Partners
✨Know Your Auditing Stuff
Make sure you brush up on your knowledge of Market Risk and Liquidity Risk audits. Be ready to discuss your past experiences in these areas, as well as how you've managed teams and led audits. This will show that you're not just qualified, but also passionate about the field.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully overseen audit assignments and guided team members. Highlight your ability to manage multiple priorities and how you've contributed to a positive team environment. This is crucial for a VP role, so make it count!
✨Communicate Clearly
Practice articulating complex audit findings in a clear and concise manner. You’ll need to demonstrate your excellent communication skills, especially when discussing issues with senior stakeholders. Consider doing mock interviews to refine your delivery.
✨Be Ready for Challenges
Expect some tough questions about your experience and how you've handled challenging discussions in the past. Prepare to showcase your resilience and professionalism, as these traits are essential for navigating high-stakes conversations with senior management.