Audit Manager in London

Audit Manager in London

London Full-Time 60000 - 75000 £ / year (est.) Home office (partial)
M&G

At a Glance

  • Tasks: Lead internal audits, assess risks, and improve business processes.
  • Company: A historic savings and investments firm with a focus on innovation.
  • Benefits: Generous pension scheme, 38 days annual leave, and financial wellbeing support.
  • Other info: Flexible working arrangements and opportunities for professional growth.
  • Why this job: Make a real impact while developing your skills in a supportive environment.
  • Qualifications: Experience in audit or finance, strong communication, and leadership skills.

The predicted salary is between 60000 - 75000 £ per year.

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long‑term investment and savings solutions.

Internal Audit is an independent, objective assurance function that is critical to meeting our business ambitions whilst also protecting the interests of our customers by ensuring that the internal control, risk and governance frameworks are always fit for purpose. We look beyond financial risks and statements to consider wider issues such as the organisation's reputation, growth, its impact on the environment and the way we treat our customers and employees.

As an Audit Manager, you will be helping to deliver meaningful improvements across the business by engaging with stakeholders to identify risk and control improvements across a range of different business functions within Life, predominantly COO and Individual Life & Pensions; helping you develop an understanding of the business as well as building confidence & presentation skills through exposure to Senior Management.

Qualities you need:

  • Be eager to learn, to take on new challenges, and to take ownership of your work;
  • Be able to build relationships to work collaboratively;
  • Be able to challenge, be challenged, and to value and respect the views of others;
  • Be willing to share your knowledge and ideas and ask for help when you need it;
  • Be able to lead and motivate others;
  • Be able to review and process information quickly;
  • Be able to communicate clearly to meet the needs of your audience.

Your main responsibilities will include:

  • Planning & Risk Assessment: Overseeing and taking responsibility for the work delegated to and performed by team members. Taking responsibility for the identification of, and request for, information needed to help identify key risks, key controls and scope areas. Identifying meetings required with auditees to develop an understanding of business processes and attending / running those meetings. Preparing/Reviewing key planning documentation such as audit planning memorandum, risk and control matrix including testing strategies as directed and required in accordance with the requirements of the Internal Audit Standards Manual.
  • Audit Performance: Travelling to different sites when necessary to meet relevant staff and review documents and information. Taking responsibility for the design and performance of audit testing across different business/operational areas. Performing and/or overseeing audit testing across different business/operational areas. Producing and reviewing audit files and working papers to ensure that they are of a consistently high standard in accordance with the requirements of the Internal Audit Standards Manual for all work performed under your responsibility.
  • Audit Reporting: Leading and/or supporting in the discussion of the results of audit testing and any resultant observations with stakeholders. Raising exceptions to inform observations and/or drafting observations to a very good standard in line with the requirements of the Internal Audit Standards Manual for inclusion in the draft report with minimal correction required.
  • Business Partnering: Ensuring that affected stakeholders are informed about the scope and purpose of the audit and all aspects of the audit timeline at the onset of the assignment and kept appraised of progress as the assignment progresses. Building relationships with stakeholders through acting with integrity, professionalism, and respect at all times to ensure that the Internal Audit function is seen in the correct light.
  • People: Where managing staff on assignments set clear objectives and expectations; and provide meaningful assignment appraisals to help develop more junior staff. Assisting and helping to train more junior members of the team in a constructive and productive manner on all aspects of completing audit assignments.

What we offer: As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work. Enjoy 38 days annual leave including.

Audit Manager in London employer: M&G

As an Audit Manager at our esteemed savings and investments firm, you will thrive in a culture that values integrity, collaboration, and continuous learning. With flexible working arrangements, a generous pension scheme, and 38 days of annual leave, we prioritise your well-being and professional growth, ensuring you have the resources to excel in your role while making meaningful contributions to our business and customers.

M&G

Contact Details:

M&G Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Audit Manager in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like M&G. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Audit Manager in London

Internal Audit Expertise
Risk Assessment
Stakeholder Engagement
Project Management
Audit Testing
Data Protection Compliance
Report Writing

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to M&G.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on M&G's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at M&G

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with M&G.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at M&G will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former M&G employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.