At a Glance
- Tasks: Lead audits and provide in-depth analyses to improve governance and risk management.
- Company: A leading Investment Bank with a focus on innovation and collaboration.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Make a real impact by enhancing the effectiveness of financial operations.
- Qualifications: Experience in auditing and strong analytical skills required.
- Other info: Join a supportive team that values your growth and expertise.
The predicted salary is between 43200 - 72000 £ per year.
A leading Investment Bank is looking for a VP to join their Audit function.
Business area
The IG Hub UK is a geographical Hub, covering all activities in the UK and Channel Islands. The Hub has five audit teams, split by business activity covering all activities within their area of responsibility. The Hub’s remit is to provide audit services to the Businesses, Operations and Functions in the UK and Channel Islands in close liaison with Senior Management and Head Office entities. The main focus is to help the organisation accomplish its objectives by bringing a systematic approach to evaluate and improve the effectiveness of the governance, risk management, and internal control processes. The PF, Retail & Functions team within the IG Hub is responsible for auditing the personal finance, retail banking and supporting functions in the UK business.
Job Purpose
This role will serve as a senior independent reviewer and will be accountable for providing high quality and in-depth analyses and observations to the business and supporting functions on behalf of the PF, Retail & Functions Team, utilising the support of other team members where necessary. The role is to be an active participant and, where appropriate, leader of risk-based audit reviews, and will assist the PF, Retail & Functions Team to issue recommendations to remediate any identified issues and weaknesses.
Key Responsibilities
- Leads or acts as a key resource in IG assignments, ad-hoc projects and investigations, accountable for the timely performance of the role’s own duties whilst also validating the work of other team members involved in an assignment.
- Completes other audit related tasks (such as the continuous/annual risk assessment or requests for audit recommendation closure, archiving, preparing restitution slides, and inputting findings, recommendations) to ensure that audits are effectively performed, maintained and coordinated within the firms Audit Methodologies and Tools, procedures, guidelines and expectations.
- Assists with the performance of the continuous monitoring and annual risk assessment processes in relation to audit areas, working with senior team members (including the Deputy Head of Hub, PF, Retail & Functions) in order to ensure a consistent and compliant approach.
- Keeps abreast of the best practices in the industry to drive innovation within the team, contributing to the development of the tools and techniques used by the IG Department.
- Keeps relevant stakeholders updated on progress of assignments and work at all times so that they have a good understanding of workstream status.
- Supports junior team members on assignments with their assigned work and contributes to their development, including by preparing their end of assignment appraisals (PMRs) for discussion with the Deputy Head of Hub, PF, Retail & Functions (when leading assignments).
- Monitors progress in relation to post-audit recommendations related to the PF, Retail & Functions specialism to evaluate them as specified in the appropriate procedures, and facilitates their closure.
- Develops and maintains strong relationships with key stakeholders in the teams being audited, and operational managers across the business to ensure that a high quality integrated IG service is provided.
- Acts as a point of escalation for more junior staff to support them where problems are more complex and require sophisticated analysis or experience.
- Will be required to provide certain managerial, coaching or appraisal functions for junior roles allocated to any assignments being led/resourced by the role in order to support the development of talent in the team.
- Contributes to the maintenance and development of the data analytics tools and methodologies used by the PF, Retail & Functions team within IG.
Audit Manager - VP- Solihull Location employer: Morgan McKinley
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Manager - VP- Solihull Location
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at investment banks or in audit roles. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching the company and its audit practices. Understand their governance and risk management strategies so you can impress them with your knowledge and insights during the interview.
✨Tip Number 3
Showcase your leadership skills! If you've led audit projects or teams before, be sure to highlight these experiences. Employers love candidates who can take charge and drive results.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for talented individuals like you to join our team.
We think you need these skills to ace Audit Manager - VP- Solihull Location
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Audit Manager role. Highlight your experience in risk management and internal controls, as well as any leadership roles you've held. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention specific experiences that relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills: As an Audit Manager, strong analytical skills are key. In your application, provide examples of how you've successfully evaluated processes or improved governance in previous roles. We love seeing real-world applications of your expertise!
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 makes the process smoother for everyone involved!
How to prepare for a job interview at Morgan McKinley
✨Know Your Audit Stuff
Make sure you brush up on the latest audit methodologies and tools. Familiarise yourself with risk management practices and internal controls, as these will be key topics during your interview. Being able to discuss recent trends in the industry will show that you're proactive and knowledgeable.
✨Showcase Your Leadership Skills
As a VP, you'll need to demonstrate your ability to lead and mentor junior team members. Prepare examples of how you've successfully managed teams or projects in the past. Highlight your experience in providing constructive feedback and supporting others' development.
✨Build Relationships
Emphasise your ability to develop strong relationships with stakeholders. Think of specific instances where you've collaborated with operational managers or other departments to achieve common goals. This will illustrate your interpersonal skills and your understanding of the importance of communication in audit functions.
✨Be Ready for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving abilities. Prepare by thinking through potential challenges you might encounter in the role and how you would address them. This will help you demonstrate your analytical skills and your approach to risk-based audits.