At a Glance
- Tasks: Lead and execute internal audits in Wealth Management, ensuring high standards and timely delivery.
- Company: Join Schroders, a leading investment management firm with a focus on diversity and inclusion.
- Benefits: Competitive salary, professional development, and opportunities for growth in a dynamic environment.
- Other info: Collaborative team culture with opportunities for international travel and co-sourced partnerships.
- Why this job: Make a real impact in Wealth Management while developing your audit expertise.
- Qualifications: Experience in Wealth Management audits and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ per year.
We are seeking a skilled and motivated Senior Internal Audit Manager to join our dynamic team at Schroders. The Wealth Management Audit team has responsibility for the execution of Wealth Management audits globally. The Senior Internal Audit Manager will have several years’ experience leading internal audits specific to Wealth Management. The ideal candidate will possess a combination of technical expertise, audit delivery capabilities, and strong analytical skills to drive our Wealth Management audits efficiently and effectively.
The role of Group Internal Audit is to provide independent and objective challenge to, and assurance over, the Schroder Group’s control environment through effective evaluation of risk management, control and governance arrangements implemented by management.
What you'll do
- Plan and lead internal audits across Wealth Management, as agreed with the Head of Internal Audit, ensuring clear scope, robust testing and timely delivery.
- Deliver audits to a consistently high standard, in line with IIA Standards and Schroders Group Internal Audit methodology and procedures.
- Contribute to Group-wide audits as a Wealth Management subject matter expert, partnering with colleagues to share insight and strengthen outcomes.
- Identify, assess and escalate key risks, control gaps and emerging issues promptly, using sound judgement and ensuring the right stakeholders are engaged.
- Produce clear, balanced audit reporting, communicating findings and actions in a way that supports improvement and informed decision-making.
- Monitor and follow up on audit actions, maintaining oversight of issue tracking and progress to closure.
- Build strong relationships across Schroders, staying close to business and regulatory developments and maintaining an up-to-date view of the control environment.
- Support reviews of change and projects (e.g., new initiatives, process changes, or remediation activity) where requested, providing independent challenge and assurance.
- Manage co-sourced audit partners when required, ensuring quality and alignment to Schroders’ ways of working.
- Lead and develop team members, including performance conversations, coaching and creating opportunities for growth and inclusive teamwork.
- Support the Head of Internal Audit, Wealth Management with the effective running of the team, substituting as required.
The knowledge, experience and qualifications you need
- Demonstrable subject matter expertise in Wealth Management processes, risks and controls.
- Thorough understanding of Wealth Management regulatory requirements.
- A control mindset, regulatory judgement and commercial awareness.
- Strong understanding of internal audit techniques including the IIA Standards.
- Excellent communication, time management and report writing skills.
- Ability to undertake domestic and international travel occasionally.
The knowledge, experience and qualifications that’ll help
- Proven ability to use AI-enabled and data analytics tools to support audit planning, testing and insight in a Wealth Management context.
- Demonstrated track record of auditing change and transformation activity, including programme and project governance, delivery risks and control design.
- Experienced in first or second line of defence controls testing for Wealth Management.
- Exposure to international audit work, operating across jurisdictions and regulatory environments.
- A recognised professional qualification in audit or accountancy (or working towards one).
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
Senior Internal Audit Manager employer: Schroders UK
At Schroders, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored development opportunities and a focus on diversity and inclusion, ensuring every team member feels valued and empowered. Located in the heart of London, our dynamic environment not only supports professional excellence but also provides a unique chance to engage with global Wealth Management audits, making a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Internal Audit Manager
✨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!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Schroders UK looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Internal Audit Manager
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 Schroders UK. 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 Schroders UK
✨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 Schroders UK’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
