At a Glance
- Tasks: Conduct internal audits and assess financial controls to ensure compliance and efficiency.
- Company: Join a leading financial services provider focused on customer satisfaction.
- Benefits: Enjoy 25 days annual leave, health cash plan, life assurance, and pension.
- Other info: Flexible working arrangements available to promote work/life balance.
- Why this job: Make a real impact in a trusted organisation while developing your audit skills.
- Qualifications: 3+ years in internal audit, preferably in financial services.
The predicted salary is between 49000 - 49000 £ per year.
An exciting opportunity has been created following the successful attainment of a contract with National Savings & Investments (NS&I). The aim of becoming the UK's largest and most trusted financial service provider means we will provide both contact centre and administrative solutions to help assist its 25 million customers. We will support the end‑to‑end customer journey, from the moment they are looking to open an account to the time they need to get in touch to make any amendments or close an account. Whatever the type of query, we will be there to assist them in whatever way we can, either online, by phone or by post, delivering the best experience we can.
As part of the central Internal Audit function this role plays a key part in delivering independent third‑line assurance across the NS&I account. The role reports to the Head of Risk, Compliance and Audit Oversight, Financial Services, and works primarily under the direction of the Senior Internal Audit Manager on an audit‑engagement‑by‑engagement basis. This is a hybrid variable role with some travel to an office in Durham, Glasgow or Blackpool if required.
What you will be doing:
- Assist in planning and scoping internal audits including drafting Terms of Reference
- Execute internal audits in line with the yearly plan across operational, financial and compliance areas
- Assess the design and effectiveness of internal controls, policies and procedures
- Drive improvement of internal processes
- Identify operational, financial and regulatory risks and recommend actionable improvements
- Review compliance with relevant UK regulations and company policies
- Prepare high quality audit reports with clear findings, recommendations and management action plans
- Support the Senior Internal Audit Manager with risk assessments, audit scoping and action reporting
What you’ll bring:
- 3+ years’ experience in internal audit, ideally in a Financial Services or regulated services environment
- Highly organised, proactive, efficient, capable and driven
- Ability to drive audit testing plans to completion
- Driven by continuous improvement activity and a desire to strengthen the business
- Excellent stakeholder engagement, including stakeholder expectation management
- Knowledge and understanding of financial services and regulation / legislation
- Ability to comprehend complex data sets and processes
- Ability to execute multiple tasks in a fast‑paced environment
- Previous demonstrable experience in a similar audit role
It would be great if you had:
- Understanding of UK financial services regulation and guidance (e.g., BCOBS, SYSC, FCA Conduct Rules, Consumer Duty and PRIN)
Employment Type: Full‑time, Permanent
Location: Hybrid variable requiring some travel to offices in the NE and NW of the UK
Security Clearance Level: BPSS
Internal Recruiter: Adrian
Salary: Up to £49k depending on experience
Benefits: 25 days annual leave with the choice to buy additional days, health cash plan, life assurance and pension
Although this role is advertised as full‑time, we believe that flexibility at work can promote work/life balance, increase your motivation, reduce stress and improve performance and productivity. We support different ways of working and can offer a range of flexible working arrangements. If you’re interested and need to work flexibly, we encourage you to apply and talk to us about what might be possible.
Internal Auditor (Financial Services) in Newcastle upon Tyne employer: Sopra Steria
As an Internal Auditor with us, you'll join a dynamic team dedicated to enhancing the customer experience for 25 million clients of National Savings & Investments. We pride ourselves on our supportive work culture that values flexibility and work-life balance, offering generous benefits such as 25 days of annual leave and opportunities for professional growth. With a commitment to continuous improvement and a focus on employee well-being, we provide a rewarding environment where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Auditor (Financial Services) in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for internal audit roles. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of UK financial regulations and internal audit processes. We want you to be able to showcase your expertise and how you can drive improvements in the business.
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure to highlight your experience in compliance and risk management. Show us how your skills align with the needs of NS&I and the role.
✨Tip Number 4
Follow up after your interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and reinforces your commitment to delivering excellent service.
We think you need these skills to ace Internal Auditor (Financial Services) in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Internal Auditor role. Highlight your experience in internal audit, especially in financial services, and showcase any relevant skills that match the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that demonstrate your ability to drive improvement and manage stakeholder expectations.
Showcase Your Skills:Don’t forget to highlight your organisational skills and your ability to handle complex data sets. We want to see how you can contribute to our mission of delivering top-notch service to NS&I customers.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on board with our exciting journey!
How to prepare for a job interview at Sopra Steria
✨Know Your Regulations
Make sure you brush up on UK financial services regulations like BCOBS, SYSC, and FCA Conduct Rules. Being able to discuss these confidently will show that you understand the landscape you'll be working in.
✨Prepare for Scenario Questions
Expect questions about how you've handled audits in the past. Think of specific examples where you identified risks or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Stakeholder Engagement Skills
This role requires excellent stakeholder management. Be ready to share experiences where you successfully engaged with stakeholders, managed expectations, or communicated complex findings clearly.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions prepared. Ask about the team dynamics, the types of audits you'll be involved in, or how success is measured in this role. It shows you're genuinely interested!
