At a Glance
- Tasks: Lead the UK Field Examination team and ensure risk assessments are on point.
- Company: Join a top-tier Asset Based Lending brand known for its integrity and excellence.
- Benefits: Enjoy a competitive salary, bonus scheme, and a comprehensive benefits package.
- Why this job: Make a real impact in risk management while developing your leadership skills in a supportive culture.
- Qualifications: Proven experience in audit, risk assessment, and team management is essential.
- Other info: Opportunity to work across the UK and engage with various stakeholders.
The predicted salary is between 43200 - 72000 £ per year.
Ref: W – 13574 | category: Asset Based Lending Location: UK wide Posted: 11th November 2024 Job Description A rare and exciting opportunity has arisen to join one of the UK’s most respected Asset Based Lending brands in a Leadership role within their Risk function. As National Head of Audit & Survey you will be required to oversee the following: Responsible for the functional operation of the UK Field Examination team in accordance with UK policy & best practice. To ensure Risk Assessment of existing facilities in accordance with credit policy is undertaken & maintenance of client bad debt provisions within agreed targets (ideally zero). Contribution to the overall success of the wider division. Oversight & management of the Field Examination team. Protection of security via business review and client audit processes to ensure minimal client losses. Review & ongoing maintenance of Audit & Due Diligence work papers. Review & ongoing maintenance of Procedures relating to Audit and Due Diligence processes. Review & ongoing maintenance of Training programmes. Internal Reporting, monitoring & Relationships: Completion & ongoing maintenance of month end report and improve reporting relevant to business / department KPI’s. Review/QA audits and ensure quality of written and risk issues maintained and issues escalated are resolved according to protocol prior to Audit team sign off. Formally sign off Audit Reports and manage sign off process & submission tracking. Coordinate &/or assist Team &/or Portfolio Manager’s with take-on/prefund requirements; on client visits / High Risk clients when necessary and provide support in justifying any reserve implementation / client issues. Attend monthly UK Risk Committee in person. Team Performance & Development: Manage interview process for candidates & new start process for new starters. Continuing review of audit work papers for improvements and liaising with internal stakeholders for assistance with this. Continual assessment of staff members via regular on-site attendance to assess performance and development with feedback obtained from internal stakeholders. Ensure new starters are trained into the company’s risk culture and understand the requirements of the role prior to undertaking solo reviews. Ongoing review / mentoring of staff via report review, team meetings & regular formal off site meet ups and to integrate team within the overall company culture by encouraging & making visits to all UK offices. Outsource providers: Maintain day-to-day relationships with existing and potential outsource providers & provide appropriate feedback on reviews. Oversee outsource providers are panel approved to the company, have applicable Terms & Conditions and utilising appropriate letters of engagement. The successful candidate will be rewarded with a market leading salary, benefits package and bonus scheme. #J-18808-Ljbffr
National Head of Audit & Survey employer: M2 Professional Recruitment Services Ltd
Contact Detail:
M2 Professional Recruitment Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land National Head of Audit & Survey
✨Tip Number 1
Familiarize yourself with the latest trends and best practices in risk management and audit processes. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the Asset Based Lending sector, especially those involved in risk management. Attend industry events or webinars to make connections that could provide valuable insights or referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed teams and improved audit processes in previous roles. Highlighting your leadership skills and results-driven approach will set you apart from other candidates.
✨Tip Number 4
Research the company’s culture and values, particularly their approach to risk management. Tailoring your conversation to align with their ethos during interviews can significantly enhance your chances of landing the job.
We think you need these skills to ace National Head of Audit & Survey
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the National Head of Audit & Survey position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in audit, risk management, and team leadership. Use specific examples that demonstrate your ability to oversee teams and manage audit processes.
Showcase Your Leadership Skills: Since this is a leadership role, make sure to highlight your management experience. Discuss how you've successfully led teams, mentored staff, and contributed to a positive company culture in previous positions.
Tailor Your Application: Customize your CV and cover letter to reflect the language and requirements mentioned in the job description. Use keywords related to audit, risk assessment, and client management to ensure your application stands out.
How to prepare for a job interview at M2 Professional Recruitment Services Ltd
✨Understand the Risk Function
Make sure you have a solid grasp of the risk management processes and policies relevant to Asset Based Lending. Be prepared to discuss how you would oversee the Field Examination team and ensure compliance with UK policy and best practices.
✨Showcase Leadership Skills
As a National Head, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully managed teams, mentored staff, and contributed to their professional development in previous roles.
✨Prepare for Technical Questions
Expect questions related to audit processes, risk assessment, and client management. Brush up on your knowledge of audit work papers, due diligence procedures, and how to maintain client bad debt provisions effectively.
✨Highlight Communication Skills
Effective communication is key in this role. Be ready to discuss how you would manage relationships with internal stakeholders, outsource providers, and the UK Risk Committee. Provide examples of how you've successfully navigated complex discussions in the past.