At a Glance
- Tasks: Lead internal audits across payments, technology, and finance while driving improvements in audit practices.
- Company: Join Pay.UK, the backbone of UK retail payment systems.
- Benefits: Enjoy 30 days annual leave, fitness subsidies, and flexible working options.
- Other info: Diverse and inclusive workplace committed to supporting all employees.
- Why this job: Make a real impact on the UK's payment systems that everyone relies on daily.
- Qualifications: Professional audit qualification and experience in leading audit teams required.
The predicted salary is between 60000 - 75000 £ per year.
Join Pay.UK as a Senior Audit Manager and take on a broad internal audit role with clear scope across payments, technology, projects, finance, third‑party management, risk and data. In this role, you will handle audits from beginning to completion, support independent assurance for the Board, and advance Internal Audit processes across the organisation. This role is well suited to an experienced audit leader who values variety, a clear area of responsibility, and close involvement with the UK payment systems that support daily life and commerce.
With 11 billion transactions worth over £10 trillion processed through the systems we maintain, the context for this work is substantial, visible and grounded in essential services.
Accountabilities- Manage end‑to‑end audit assignments across planning, fieldwork, reporting and follow‑up in line with Internal Audit methodology and professional standards.
- Supervise Audit Managers by reviewing work, giving clear direction and maintaining quality across audit delivery.
- Assess risks and controls across assigned business areas, including payments, technology, projects and programmes, finance, third‑party management, risk management and data analytics.
- Work with stakeholders to identify emerging risks, agree audit scope and develop terms of reference, findings, management actions and final reports.
- Contribute to the annual audit plan by proposing audits and assurance activity for your portfolio of business areas and specialist topics.
- Deliver consultancy assignments that provide internal audit insight on governance, risk and control matters.
- Identify, implement and evaluate improvements to Internal Audit practices by updating methods, tools and working processes.
- Monitor developments in internal audit and the payments sector and apply relevant changes to audit planning, delivery and recommendations within your specialist areas.
- Professional qualification in audit, accounting or risk, such as ACA, ACCA, CIMA, CIIA or CISA.
- Experience leading internal audit engagements and supervising teams across planning, fieldwork and reporting.
- Experience auditing or working directly in one or more of the following areas: payments, projects and programmes, technology, finance, third‑party management, risk management or data analytics.
- Knowledge of financial services and payments, including key risks, controls and regulatory expectations.
- Experience presenting audit findings and recommendations clearly to senior stakeholders.
At Pay.UK, our behaviours are central to who we are and how we operate. They bring our values to life, shape our culture, and guide how we make decisions, collaborate, and respond to challenges across the payments ecosystem. All interview processes will assess the following behaviours:
- Listen to Find Win‑Wins – Empathy, Listening and Understanding
- Influence with Courage – Influence, Courage
- Go Horizontal First – Cross Boundary Collaboration
- Take Ownership – Self Development Opportunity Mindset – Initiative
- Simplify – Achievement Orientation
In addition, all leadership roles are expected to lead by example through the following behaviours:
- Set Direction – Strategic Planning, Team leadership
- Hold Colleagues to Account – Accountability
- Coach & Grow Your Colleagues – Develop Others
At Pay.UK, we value diversity and inclusivity. Research has shown that candidates from under‑represented groups may hesitate to apply unless they meet all the requirements listed. We encourage all qualified candidates to apply, regardless of how closely their skills and experience match the requirements. We are committed to supporting accessibility needs and creating a welcoming environment for all employees. Become part of our team and contribute to the creation of an inclusive work environment that values everyone's unique input.
Who we arePay.UK maintains and develops the UK retail payment systems and standards that are core to the economy being able to function on a day‑to‑day basis. From Bacs to Faster Payments and cheques – we act as the single operator for all UK retail payments. We put the needs of consumers and businesses at the heart of everything we do, working in the public interest to ensure that the systems the country relies on for its banking transactions are safe, open, innovative and resilient.
Our payment systems underpin the services that enable funds to be transferred between people and institutions. In 2024, the UK's retail payment systems processed 11 billion transactions worth over £10 trillion through Bacs Direct Credit, Direct Debit, Faster Payments, and cheques, and our Current Account Switch Service has facilitated over 9 million switches since its launch in 2013. Every day, individuals and businesses use the services we provide to get their salaries, pay their bills and make online and mobile banking payments. Our vision for the future is to enable a vibrant economy, with Pay.UK delivering robust payment infrastructure and standards for the benefit of consumers and businesses nationwide.
Benefits- 30 days annual leave (excluding bank holidays)
- Employee assistance programme
- Cycle to Work Scheme
- Season ticket loan
- Annual fitness subsidy of up to £500 per annum
- Working from home policy – minimum 40 % in the office (e.g. 2 days in the office over a 5‑day working week)
Some of our benefits are only available to colleagues after meeting the requirements of the probationary period. Pay.UK is committed to making our recruitment practices barrier‑free and as accessible as possible, and we are therefore happy to make any reasonable adjustments or changes. Please let us know below if you would like us to do anything differently during the application, interview, or assessment process, or if you would like information in an alternative format.
Senior Audit Manager London employer: Pay.UK Limited
At Pay.UK, we pride ourselves on being an exceptional employer that values diversity, inclusivity, and employee growth. Our collaborative work culture fosters innovation and accountability, while our comprehensive benefits package, including generous annual leave and a flexible working policy, ensures a healthy work-life balance. Join us in London to contribute to the vital payment systems that underpin the UK economy, and take advantage of opportunities for professional development in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Audit Manager London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
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✨Leverage Your University Career Services
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We think you need these skills to ace Senior Audit Manager London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Pay.UK Limited. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Pay.UK Limited
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Pay.UK Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!