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: Flexible rewards, 27 days holiday, hybrid working, and access to 300+ courses.
- Why this job: Make a real impact in banking and lending while developing your career.
- Qualifications: ACA, ACCA, CA or equivalent with strong IFRS 9 expertise required.
- Other info: Opportunities for mentorship and professional growth in a dynamic environment.
The predicted salary is between 36000 - 60000 £ 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. Based in our London office, this Audit Manager role in banking and lending will lead the delivery of audits for lending clients with a strong emphasis on IFRS9, managing a diverse portfolio and working closely with Directors and Partners. 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:
- Manage a portfolio of statutory audits in the lending sector, reporting to Directors and Partners, ensuring compliance with firm procedures and quality standards.
- Oversee and brief staff on assignments, provide training, liaise with senior client staff, and resolve key audit matters in consultation with stakeholders.
- Attend and present at client audit committees and board meetings, and support Directors/Partners with business development, including scoping and pitching.
- Lead recruitment, line management, sector-specific training, and development of junior team members, while participating in industry organizations.
- Collaborate 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 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 fulfilling experience, both in and out of work.
- Hybrid working between our office in London and on client site
- 27 Days Holiday (with the option of purchasing additional days)
- 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 inhouse talent development team
Audit Manager - Banking and Lending in Birmingham employer: RSM
Contact Detail:
RSM Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Manager - Banking and Lending in Birmingham
✨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. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your IFRS9 expertise and any relevant audit experience. We want to see how you can make an impact, so share specific examples of your past successes and how you’ve led teams to achieve great results.
✨Prepare for Interviews
Do your homework before interviews! Research the company, understand their audit methodologies, and think about how your background fits into their goals. We recommend preparing some thoughtful questions to ask them too – it shows you’re genuinely interested and engaged.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make this happen together!
We think you need these skills to ace Audit Manager - Banking and Lending in Birmingham
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 auditing projects you've led. We want to see how your background fits with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about banking and lending audits, and how you can contribute to our team. Keep it engaging and personal – we love a good story!
Showcase Your Leadership Skills: Since this is a leadership position, make sure to highlight your experience in managing teams and mentoring others. We’re looking for someone who can inspire and develop junior team members, so share those experiences!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at RSM
✨Know Your IFRS9 Inside Out
Make sure you brush up on your IFRS9 knowledge before the interview. Be ready to discuss how you've applied it in your previous roles, especially in auditing ECL models for lending products. This will show that you’re not just familiar with the theory but can also implement it practically.
✨Showcase Your Leadership Skills
Since this role involves leading teams and mentoring junior staff, prepare examples of how you've successfully managed projects or guided team members in the past. Highlight any specific challenges you faced and how you overcame them to demonstrate your leadership capabilities.
✨Prepare for Client Interactions
Expect to discuss your experience with client-facing roles, especially in audit committees and board meetings. Think of instances where you’ve effectively communicated complex audit findings to non-technical stakeholders, as this will be crucial for the position.
✨Emphasise Your Collaborative Approach
RSM values a team-oriented mindset, so be ready to talk about how you work with others, including technical and training teams. Share examples of how collaboration has led to successful outcomes in your previous roles, particularly in enhancing audit methodologies.