At a Glance
- Tasks: Support the Head of Internal Audit in ensuring bank procedures and controls are followed.
- Company: Join a prestigious International Wholesale bank located in the heart of London.
- Benefits: Enjoy a hybrid work model: 4 days in the office, 1 day working from home.
- Why this job: Be part of a dynamic team, gain valuable experience, and contribute to financial integrity.
- Qualifications: Degree level education with a strong understanding of accounting and audit principles required.
- Other info: Ideal for organised self-starters with excellent communication and analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
Sterling Williams are working closely with an International Wholesale bank based in the City of London who are looking to hire an Assistant Internal Auditor. This is a crucial role to support a long-standing Head of Internal Audit on a permanent basis.
City of London based - 4 days in the office, 1 WFH
The Assistant Internal Auditor works with the Head of Internal Audit to ensure that all Bank procedures and controls are adhered to. The auditing process is to identify the risks involved in every area in which the Bank is active and to ensure that such risks are adequately assessed and appropriately monitored with any anomalies reported in a timely manner to Head Office Internal Audit and London Branch General Management.
Key Responsibilities:- Assist the Head of Internal Audit in developing an appropriate Internal Audit strategy for London Branch.
- Assist the Head of Internal Audit in development of the Annual Internal Audit Plan for London Branch and submit to Senior Management/Head Office Internal Audit for approval.
- Undertake Internal Audit reviews as directed by the Head of Internal Audit and prepare draft audit reports at the end of each review.
- When necessary, deputise for the Head of Internal Audit at meetings of the Management Committee, Asset & Liability Committee and Risk & Compliance Committee.
- Undertake Ad Hoc projects as required by the Head of Internal Audit such as research and general administrative support.
- Assist in financial audits, reviewing financial records, ensuring compliance and identifying discrepancies.
- Analyse financial data to identify trends, anomalies and potential issues.
- Ensure compliance with current regulations in line with UK regulatory system.
- Assist with the testing and evaluation of internal controls.
- Communicate findings, recommendations and issues to the Head of Internal Audit and Senior Management.
The successful candidate will likely have:
- An organised self-starter who has strong understanding of accounting principles, financial statements and audit procedures.
- Ability to identify patterns, analyse data and draw conclusions.
- Able to build and maintain excellent working relationships within the Bank.
- Negotiation skills and commercial awareness.
- Ability to analyse processes and procedures in detail and verify information.
- Communication (verbal/written) and presentation skills with the ability to clearly and effectively communicate findings and recommendations.
- Degree level education.
- Minimum 3 years of banking/financial industry background would be preferred - whether this is direct in the industry, or via a practice/consultancy focussed on the Financial Services.
Assistant Internal Auditor employer: Sterling Williams LTD
Contact Detail:
Sterling Williams LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Internal Auditor
✨Tip Number 1
Familiarise yourself with the specific regulations and compliance standards that govern the banking industry in the UK. This knowledge will not only help you during interviews but also demonstrate your commitment to understanding the role's requirements.
✨Tip Number 2
Network with professionals in the auditing and banking sectors. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the company culture and expectations for the Assistant Internal Auditor role.
✨Tip Number 3
Prepare to discuss your analytical skills and experiences in detail. Be ready to share specific examples of how you've identified risks or discrepancies in previous roles, as this will showcase your ability to perform the key responsibilities of the position.
✨Tip Number 4
Research Sterling Williams and their client thoroughly. Understanding their values, mission, and recent developments will allow you to tailor your discussions and show genuine interest in contributing to their success as an Assistant Internal Auditor.
We think you need these skills to ace Assistant Internal Auditor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in auditing, financial analysis, and compliance. Use keywords from the job description to demonstrate that you meet the specific requirements of the Assistant Internal Auditor role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of internal audit processes and your ability to support the Head of Internal Audit. Mention any relevant projects or experiences that align with the responsibilities outlined in the job description.
Highlight Relevant Skills: In your application, emphasise skills such as data analysis, communication, and relationship-building. Provide examples of how you've successfully used these skills in previous roles, particularly in the banking or financial sector.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an auditing role.
How to prepare for a job interview at Sterling Williams LTD
✨Know Your Auditing Basics
Make sure you have a solid understanding of accounting principles, financial statements, and audit procedures. Brush up on key concepts and be ready to discuss how they apply to the role.
✨Demonstrate Analytical Skills
Prepare to showcase your ability to analyse data and identify trends or anomalies. You might be asked to solve a hypothetical problem, so practice explaining your thought process clearly.
✨Build Rapport
Since this role involves working closely with various teams, focus on demonstrating your interpersonal skills. Be friendly and approachable, and show that you can build strong working relationships.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, such as reporting discrepancies or managing compliance issues. Think of examples from your past experience that highlight your problem-solving abilities.