Strategic Prudential & Financial Risk Auditor

Strategic Prudential & Financial Risk Auditor

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Onyx-Conseil

At a Glance

  • Tasks: Conduct audits on Prudential and Financial Risk, ensuring compliance and enhancing business processes.
  • Company: Join Starling, a disruptive tech bank transforming how people manage their money.
  • Benefits: Competitive salary, flexible working, and opportunities for professional growth.
  • Other info: Be part of a dynamic team dedicated to innovation and excellence.
  • Why this job: Make a real impact in a fast-paced environment while shaping the future of banking.
  • Qualifications: Experience in Prudential and Financial Risk Management, with strong communication skills.

The predicted salary is between 60000 - 80000 £ per year.

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast‑moving, disruptive tech company. We employ more than 4,000 people across our London, Southampton, Cardiff and Manchester offices.

We’re looking for a talented Prudential and Financial Risk Management Senior Auditor to join our growing Internal Audit team. You should be an experienced Prudential and Financial Risk Management Auditor, ideally with a background working in the banking or regulated financial services sector. You will be passionate about making a real impact to the Bank’s controls and business processes because this is key to our mission. With limited supervision, you will be required to develop relationships with management and to plan and execute audits in Prudential and Financial Risk and other areas of Starling.

You will support and help Starling’s senior management to protect the assets, reputation and sustainability of Starling as it continues on its growth path and delivers fantastic products and services. This position focuses on areas such as Prudential, Treasury and Finance (e.g. Regulatory Reporting) and Model Risk management.

What you will be doing:

  • Contribute to audits over Prudential / Financial Risk, Model Risk management and remediation areas respectively, using the support of Starling’s in‑house team and co‑source providers.
  • Undertaking specialist regulatory reviews on areas such as ICAAP/ILAAP documentation, and ALM activities (e.g. IRRBB, Capital etc) and the Resolvability Assessment Framework.
  • Planning audits, documenting processes to be reviewed, identifying risks and the key actual controls in place to mitigate the identified risks, and attending meetings with internal/external stakeholders.
  • Document work papers to ensure consistency with audit methodology and quality standards, including formulation of logical and supportable conclusions.
  • Support the delivery of value‑add and insightful audit reports, ensuring factual accuracy is agreed upon and managing stakeholder communications.
  • Draw and articulate well‑formulated conclusions and pragmatic recommendations, as well as inspire and be an agent of positive change throughout Starling.
  • Build and maintain strong professional relationships at all levels.
  • Demonstrable influencing and negotiating skills, able to manage challenging conversations and also challenge in a constructive manner to support sustainable growth and ensure appropriate outcomes for our customers.
  • Liaise with Prudential and Financial Risk management in tracking progress in addressing audit recommendations and confirming their closure.
  • Develop and maintain broad regulatory knowledge and experience. Stay abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments.
  • Contributes proactively to achieving Internal Audit's performance objectives and works effectively as part of a team.

Strategic Prudential & Financial Risk Auditor employer: Onyx-Conseil

At Starling, we pride ourselves on being an innovative bank that combines the agility of a tech company with the stability of a fully licensed financial institution. Our vibrant work culture fosters collaboration and creativity, offering employees ample opportunities for professional growth and development. With offices in key UK cities like London, Southampton, Cardiff, and Manchester, we provide a dynamic environment where your contributions directly impact our mission to revolutionise banking for everyone.

Onyx-Conseil

Contact Details:

Onyx-Conseil Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Strategic Prudential & Financial Risk Auditor

Network Like a Pro

Get out there and connect with people in the banking and financial services sector. Attend industry events, webinars, or even local meetups. Building relationships can open doors to opportunities that aren’t advertised!

Show Off Your Skills

When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've tackled challenges in Prudential and Financial Risk. We want to see your passion and expertise shine through.

Tailor Your Approach

Before any interview, do your homework on Starling and its culture. Understand their mission and values, and think about how your experience aligns with them. This will help you stand out as a candidate who truly gets what they’re about.

Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Starling team.

We think you need these skills to ace Strategic Prudential & Financial Risk Auditor

Prudential Risk Management
Financial Risk Management
Regulatory Reporting
Model Risk Management
Audit Planning
Risk Identification
Stakeholder Communication

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the role of Strategic Prudential & Financial Risk Auditor. Highlight your relevant experience in banking or regulated financial services, and don’t forget to showcase your skills in risk management and audit processes.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for making an impact at Starling. Mention specific experiences that align with our mission and how you can contribute to our growth and success.

Showcase Your Soft Skills:We value strong relationships and effective communication. In your application, highlight your influencing and negotiating skills. Share examples of how you've managed challenging conversations and driven positive change in previous roles.

Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, it shows you’re serious about joining our team at Starling.

How to prepare for a job interview at Onyx-Conseil

Know Your Stuff

Make sure you brush up on your knowledge of Prudential and Financial Risk Management. Familiarise yourself with key regulations and frameworks like ICAAP/ILAAP and the Resolvability Assessment Framework. This will show that you're not just a candidate, but someone who understands the industry inside out.

Showcase Your Experience

Prepare to discuss your previous auditing experiences in detail. Think about specific audits you've conducted, challenges you've faced, and how you overcame them. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.

Build Relationships

Since this role involves liaising with various stakeholders, be ready to talk about how you've built and maintained professional relationships in the past. Share examples of how you've influenced decisions or navigated challenging conversations to achieve positive outcomes.

Be a Problem Solver

Starling is looking for someone who can provide value-add insights. Prepare to discuss how you've identified risks and implemented controls in previous roles. Think about how you can articulate well-formulated conclusions and recommendations that could inspire positive change.