At a Glance
- Tasks: Lead audit engagements, ensuring compliance and delivering impactful assurance.
- Company: Join a leading global bank with a strong reputation in risk management.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Dynamic team culture with opportunities to coach and develop talent.
- Why this job: Make a real impact by influencing business controls and driving assurance.
- Qualifications: Experience in internal auditing or risk management within a complex banking environment.
The predicted salary is between 60000 - 75000 € per year.
Join us as an Audit Manager. We’ll look to you to provide quality, efficient, and effective assurance, and to influence business managers to improve controls. You’ll be supporting the delivery of a flexible, risk-based audit plan that addresses regulatory requirements and provides independent assurance and impactful opinions. This is an opportunity to gain valuable exposure as you build on the Internal Audit experience and influence the evolution of our controls.
What you'll do
- Drive assurance across regular audit engagements by supporting assurance planning, ensuring coverage of key risks, collaborating with other Internal Audit teams, and complying with regulatory requirements for the function.
- Lead Independent Price Verification (IPV) audit activities for NatWest Group and its relevant subsidiaries, ensuring that the risk universe and audit approach for controls over Front Office traded instruments are reviewed in line with methodologies and regulatory requirements.
- Lead and undertake key aspects of assurance fieldwork, taking responsibility for making sure that the team’s work is delivered on time, is fit for purpose, and provides reliable evidence to support issues and opinions.
- Deliver a risk-based assurance plan over the production of IPV and associated processes, leading the engagement team to meet stakeholder requirements and align with business strategy.
- Act as an ambassador for Internal Audit, demonstrating professional behaviours and helping to build the reputation and integrity of the function.
- Lead and coach the team as they deliver audit engagements, making sure they're delivered to budget and on time while helping individuals realise their potential.
- Leverage industry-leading audit methodology and tools.
- Ensure compliance with global methodology within engagements and accurately keep the audit management tool up to date.
- Manage key stakeholders throughout audit engagements, ensuring a strong understanding of business risks and fostering open and effective discussions on key risks.
The skills you'll need
- An experienced IPV internal auditor or risk manager with a thorough understanding of risk management principles and a meticulously investigative approach.
- The ability to lead teams in delivering projects while maintaining control over budget, schedule, and quality.
- Experience supervising a Product Control, IPV, or similar function within a complex global bank, leading large teams through complex processes with challenging deadlines and significant change.
- Expert product knowledge across an investment bank's balance sheet, including multiple asset classes such as FX Products, bonds, and repos.
- Detailed knowledge of Fair Value and IPV regulatory environment in which we operate across the UK and overseas.
- Familiarity with Pillar 1 and Pillar 2 capital calculations, ICAAP, ILAAP, recovery and resolution planning, and balance sheet stress testing processes would be an advantage.
- Strong knowledge of the accounting and regulatory requirements that impact products such as derivatives, bonds, and repos, particularly in the UK.
- Proven stakeholder management skills, along with the ability to challenge and influence effectively.
- The ability to support and supervise your audit team through coaching, feedback, and development.
- Demonstrable knowledge of risk management disciplines, including capital, liquidity, credit, market, operational, non-trading market, and pensions risks, as well as their derivative components.
- Experience of financial reporting, consolidation, or balance sheet control.
- A proactive approach to identifying and promoting talent.
- Experience in agile audit methodology.
Audit Manager in Edinburgh employer: NatWest Group
At NatWest Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters professional growth and development. As an Audit Manager, you will benefit from our commitment to employee well-being, access to industry-leading audit methodologies, and the opportunity to lead and mentor a talented team in a supportive environment. Located in the heart of the UK, we provide a unique chance to influence key business decisions while ensuring compliance with regulatory standards, making your role both impactful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Audit Manager in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your responses to show how your skills align with their needs, especially around risk management and audit processes. Practice common interview questions so you can confidently showcase your expertise.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your interest in the role and highlight any key points from the conversation that reinforce your fit for the Audit Manager position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got a range of opportunities that could be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team at NatWest Group.
We think you need these skills to ace Audit Manager in Edinburgh
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 auditing, and don’t forget to mention any relevant regulatory knowledge you have. We want to see how your skills align 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 the role. Share specific examples of how you've led teams and managed audits in the past. We love seeing your personality come through, so don’t hold back!
Showcase Your Stakeholder Management Skills:In your application, be sure to highlight your stakeholder management skills. We’re looking for someone who can influence effectively and foster open discussions about key risks. Share examples of how you’ve navigated complex stakeholder relationships in previous roles.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing candidates who take the initiative to apply directly!
How to prepare for a job interview at NatWest Group
✨Know Your Audit Fundamentals
Make sure you brush up on your understanding of risk management principles and audit methodologies. Be ready to discuss how you've applied these in previous roles, especially in relation to IPV and regulatory requirements.
✨Showcase Your Leadership Skills
As an Audit Manager, you'll be leading teams, so it's crucial to demonstrate your leadership experience. Prepare examples of how you've coached and developed team members, managed budgets, and delivered projects on time.
✨Understand the Business Landscape
Familiarise yourself with the specific business risks related to the role. Be prepared to discuss how you would manage stakeholder relationships and influence decisions based on your understanding of the audit process and its impact on the business.
✨Prepare for Technical Questions
Expect questions about accounting and regulatory requirements, particularly around derivatives, bonds, and repos. Brush up on your knowledge of Fair Value, Pillar 1 and 2 capital calculations, and stress testing processes to show you're well-versed in the technical aspects of the role.
