At a Glance
- Tasks: Lead audits for lending clients, ensuring compliance and quality standards.
- Company: Join RSM UK, a rapidly growing firm with a supportive culture.
- Benefits: 27 days holiday, flexible rewards, and access to 300+ courses.
- Other info: Opportunities for long-term career development in a dynamic environment.
- Why this job: Make a real impact in banking and lending while developing your career.
- Qualifications: ACA, ACCA, CA or equivalent; strong IFRS 9 expertise required.
The predicted salary is between 56700 - 69300 £ per year.
We are searching for an experienced Audit Manager - Banking and Lending. Make an impact at RSM UK. RSM is expanding its audit offering in the banking, building society, and lending sectors, focusing on both regulated and unregulated lenders. As an Audit Manager role in our banking and lending team, you will lead the delivery of audits for lending clients with a strong emphasis on IFRS9 whilst managing a diverse portfolio.
This leadership position includes developing and mentoring team members, supporting technical and training teams to build specialist expertise, and contributing to strategic growth initiatives while enhancing audit methodology. RSM offers a transparent, supportive culture with clear opportunities for career progression and professional development, making this an exciting time to join our rapidly growing service line.
You’ll make an impact by:
- Managing a portfolio of statutory audits in the lending sector, ensuring compliance with firm procedures and quality standards.
- Overseeing and briefing staff on assignments, providing training, liaising with senior client staff, and resolving key audit matters in consultation with stakeholders.
- Attending and presenting at client audit committees and board meetings, and supporting with business development, including scoping and pitching.
- Leading recruitment, line management, sector-specific training, and development of junior team members, while participating in industry organizations.
- Collaborating with national technical and training teams to enhance audit methodology and training on IFRS9 and other technical areas impacting lenders.
What we are looking for:
Are you someone who thrives on variety, loves learning new things, and enjoys connecting with people? If you can spot inefficiencies in everyday life and are passionate about making improvements, this role is perfect for you! We value diverse experiences and perspectives. Here’s what we’re looking for in our ideal candidate:
- ACA, ACCA, CA or equivalent qualification.
- Experienced Audit Manager with strong IFRS 9 expertise, particularly in accounting and auditing expected credit losses.
- Practical experience auditing ECL models for retail/consumer lending products such as mortgages, personal loans, credit cards, and consumer finance.
- Background in banking, commercial, or retail finance sectors, with ability to develop or enhance IFRS 9 audit methodologies.
- Proven leadership and project management skills, with experience leading teams and delivering complex assignments.
- Excellent interpersonal, communication, and presentation skills, with a collaborative and team-oriented approach.
What we can offer you:
Within audit, we promote from within wherever possible, listen to your career goals and aspirations, and support you in your short and long-term goals. We offer a flexible reward and benefits package that will help you have a fulfilling experience, both in and out of work.
- 27 Days Holiday (with the option of purchasing additional days).
- Long-term career development opportunities in a supportive and evolving environment.
- Lifestyle, health, and wellbeing including financial wellbeing benefits such as financial tools, electric car scheme and access to a virtual GP.
- Access to a suite of 300+ courses on demand developed by our in-house talent development team.
Audit Manager - Banking and Lending in London employer: RSM International
At RSM UK, we pride ourselves on being an excellent employer, offering a vibrant work culture that fosters innovation and collaboration within our Tax Technology team. Our commitment to employee growth is evident through continuous learning opportunities in AI and automation, while our dynamic environment encourages meaningful contributions to impactful projects. Located in one of our national offices, you will benefit from a supportive team atmosphere that values your insights and expertise, making it an ideal place for professionals seeking to advance their careers in a forward-thinking organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Audit Manager - Banking and Lending 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 RSM International. 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 - Banking and Lending in London
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 RSM International.
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 RSM International'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 RSM International
✨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 RSM International.
✨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 RSM International 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 RSM International 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.
