At a Glance
- Tasks: Lead audits for lending clients, ensuring compliance and quality standards.
- Company: Join RSM, a fast-growing firm with big ambitions in audit and consulting.
- Benefits: 27 days holiday, flexible rewards, career development, and wellbeing support.
- Why this job: Make a real impact in banking and lending while developing your leadership skills.
- Qualifications: Qualified Audit Manager with IFRS 9 expertise and strong leadership abilities.
- Other info: Diverse and inclusive culture with excellent career progression opportunities.
The predicted salary is between 36000 - 60000 £ per year.
This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board. As one of the world's largest networks of audit, tax and consulting firms, RSM delivers big ideas and premium service to help middle-market businesses thrive. We are a fast-growing firm with big ambitions -- we have a clear goal to become the premium adviser to the middle market, globally. This vision touches everything we do, motivating and inspiring us to become better every day. If you are looking for a firm where you can build a future and make an impact, then RSM is the place for you.
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 will 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.
At RSM, we want to create a strong sense of belonging so that people of all identities, backgrounds, and cultures feel they can bring their true self to work. Our clients come from all walks of life. We aim to achieve that same diversity of background, experience and perspective in our own teams, so that we can genuinely understand our client's needs. Diverse teams bring a broader range of ideas and insights to work. That’s why we’re working together to ensure our firm’s principles and processes support a firm culture that embraces difference and strengthens inclusion.
Audit Manager - Banking and Lending employer: RSM UK
Contact Detail:
RSM UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Manager - Banking and Lending
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking and lending sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your experience with IFRS9 and auditing ECL models. Share specific examples of how you've made an impact in previous roles.
✨Tip Number 3
Practice makes perfect! Before any interview, do some mock interviews with friends or family. Focus on common questions for Audit Managers and prepare to discuss your leadership style and how you develop team members. Confidence is key!
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities at RSM, and applying directly can give you a better chance of getting noticed. Plus, it shows you’re genuinely interested in being part of our team. Don’t miss out!
We think you need these skills to ace Audit Manager - Banking and Lending
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Audit Manager role. Highlight your experience with IFRS9 and any relevant banking or lending sector work. 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 tell us why you're passionate about this role and how you can make an impact at RSM. Be genuine and let your personality come through.
Showcase Your Leadership Skills: Since this is a leadership position, be sure to highlight your experience in managing teams and delivering complex assignments. We love seeing examples of how you've developed others and contributed to team success.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at RSM UK
✨Know Your IFRS 9 Inside Out
As an Audit Manager focusing on banking and lending, it's crucial to have a solid grasp of IFRS 9. Brush up on the latest updates and be ready to discuss how you've applied this knowledge in your previous roles. This will show that you're not just familiar with the standards but can also implement them effectively.
✨Showcase Your Leadership Skills
This role involves managing teams and mentoring junior staff, so be prepared to share specific examples of your leadership experience. Talk about how you've developed team members or led projects successfully. Highlighting your ability to inspire and guide others will resonate well with the interviewers.
✨Prepare for Client Interactions
Since you'll be attending client audit committees and board meetings, practice discussing complex audit matters clearly and confidently. Think of scenarios where you've had to present findings or resolve issues with clients. This will demonstrate your strong interpersonal skills and ability to communicate effectively.
✨Emphasise Your Problem-Solving Mindset
RSM values candidates who can spot inefficiencies and suggest improvements. Be ready to discuss instances where you've identified problems in audit processes and how you addressed them. This will showcase your proactive approach and alignment with the firm's goal of continuous improvement.