Internal Audit Manager - Banking Apply now
Internal Audit Manager - Banking

Internal Audit Manager - Banking

London Full-Time 43200 - 72000 £ / year (est.)
Apply now
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At a Glance

  • Tasks: Lead internal audits and prepare actionable reports for the board.
  • Company: Join an award-winning international bank focused on informed decision-making.
  • Benefits: Enjoy a dynamic work environment with opportunities for mentorship and professional growth.
  • Why this job: Be a key player in enhancing risk management and control environments while building valuable relationships.
  • Qualifications: Experience in internal auditing and strong analytical skills are essential.
  • Other info: This role offers a chance to influence the bank's risk assessment and audit planning.

The predicted salary is between 43200 - 72000 £ per year.

Empowering Informed Decision-Making An award-winning international bank is expanding its Internal Audit function! The Internal Audit team plays a critical role in safeguarding the organisation’s value by providing independent assurance, advice, and insights to the board and management. We achieve this through a risk-based approach aligned with industry best practices. The Internal Audit Manager Responsibilities: * Lead and execute internal audits in accordance with the annual audit plan, employing a risk-based methodology consistent with IIA standards. * Prepare comprehensive, actionable audit reports for the Board Audit and Risk Assessment Committee (BARAC), including clear recommendations for management. * Build strong relationships with business units to gain valuable insights and enhance risk awareness. * Partner with the first and second lines of defense to strengthen control environments. * Develop deep expertise in specific risk areas to become a trusted advisor. * Contribute to the bank’s overall risk assessment and integrate findings into the audit planning process. * Mentor and develop team members to elevate audit quality and standards. * Represent Internal Audit on bank committees, providing expert advice on control improvements while maintaining independence. * Foster a culture of improved risk management throughout the organisation. * Track and …

Internal Audit Manager - Banking employer: Taylor Root Careers

Join an award-winning international bank that prioritizes employee growth and development within a dynamic work culture. As an Internal Audit Manager, you will benefit from a collaborative environment that encourages innovation and risk awareness, while also having access to comprehensive training programs and mentorship opportunities. Located in a vibrant city, this role offers the chance to make a meaningful impact on the organization while enjoying a supportive atmosphere that values your contributions.
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Contact Detail:

Taylor Root Careers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Internal Audit Manager - Banking

✨Tip Number 1

Familiarize yourself with the IIA standards and risk-based methodologies. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role and its responsibilities.

✨Tip Number 2

Network with professionals in the banking and internal audit sectors. Attend industry events or join relevant online forums to connect with current employees or auditors who can provide insights into the company culture and expectations.

✨Tip Number 3

Prepare to discuss specific risk areas that are relevant to the bank. Show your expertise by being ready to talk about recent trends, challenges, and best practices in internal auditing within the banking sector.

✨Tip Number 4

Demonstrate your leadership skills during the interview process. Share examples of how you've mentored team members or led audit projects, as this aligns with the responsibilities of the Internal Audit Manager role.

We think you need these skills to ace Internal Audit Manager - Banking

Internal Audit Standards
Risk Assessment
IIA Standards
Audit Report Writing
Stakeholder Management
Control Environment Evaluation
Relationship Building
Mentoring and Coaching
Data Analysis
Regulatory Compliance
Problem-Solving Skills
Communication Skills
Attention to Detail
Strategic Thinking
Project Management

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly understand the responsibilities of the Internal Audit Manager position. Familiarize yourself with the risk-based methodology and IIA standards mentioned in the job description.

Tailor Your CV: Customize your CV to highlight relevant experience in internal auditing, risk management, and team leadership. Emphasize any previous roles where you prepared audit reports or worked closely with management.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the banking industry and your ability to build relationships with business units. Mention specific examples of how you've contributed to risk management in past roles.

Highlight Your Mentorship Experience: If you have experience mentoring or developing team members, make sure to include this in your application. This aligns with the job's emphasis on elevating audit quality and standards.

How to prepare for a job interview at Taylor Root Careers

✨Understand the Risk-Based Approach

Make sure you are well-versed in the risk-based methodology that aligns with IIA standards. Be prepared to discuss how you have applied this approach in previous roles and how it can benefit the bank's internal audit function.

✨Prepare for Technical Questions

Expect questions related to internal audit processes, risk assessment, and control environments. Brush up on your technical knowledge and be ready to provide examples of how you've successfully led audits and implemented recommendations.

✨Showcase Your Relationship-Building Skills

The role emphasizes building strong relationships with business units. Prepare examples of how you've collaborated with different teams to enhance risk awareness and improve control environments in your past experiences.

✨Demonstrate Leadership and Mentorship Abilities

As a manager, you'll need to mentor team members. Be ready to discuss your leadership style and provide examples of how you've developed others in your previous roles, focusing on elevating audit quality and standards.

Internal Audit Manager - Banking
Taylor Root Careers Apply now
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