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For Companies At a Glance
- Tasks: Join our Internal Audit team to ensure top-notch audit quality and consistency.
- Company: Be part of a dynamic financial services group with a global reach.
- Benefits: Enjoy flexible working arrangements and a commitment to your professional growth.
- Why this job: Influence audit practices and contribute to continuous improvement in a collaborative culture.
- Qualifications: Strong internal audit background, preferably in financial services; ACA or ACCA is a plus.
- Other info: Opportunity to work closely with senior stakeholders and enhance QA processes.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for a Quality Assurance (QA) Reviewer to join our client’s Internal Audit team, supporting the continued excellence and integrity of audit work within the bank’s global network. The Audit Quality Assurance (QA) Consultant will play a key role in providing independent assurance on the quality and consistency of internal audit work. You will evaluate the effectiveness of audit practices, identify areas for improvement, and report directly to senior stakeholders, including General Managers and Audit Committees across the region. This is an exciting opportunity to influence audit methodology and contribute to the continuous improvement of audit standards across a large and dynamic financial services group.
Key Responsibilities
- Perform detailed QA reviews of internal audit reports and findings, ensuring alignment with audit methodology and industry standards (e.g., IIA Standards).
- Determine and deliver quarterly QA review themes and priorities.
- Prepare comprehensive QA reports for senior management, highlighting trends, observations, and recommendations.
- Identify training needs and support the delivery of targeted audit methodology training.
- Provide live QA support and advisory during audit engagements.
- Collaborate with the wider internal audit function across EMEA and support global professional practice groups during periodic reviews.
- Contribute to the ongoing development and enhancement of QA processes.
Required Skills & Experience
- A strong background in internal audit, preferably within the financial services sector.
- Previous experience in QA, internal audit review, or credit review.
- Professional qualification such as ACA, ACCA, or equivalent is highly desirable.
- Deep understanding of internal audit policies and global audit standards (e.g., Institute of Internal Auditors' Standards and Ethics).
- Excellent attention to detail and a strong analytical mindset.
- Ability to deliver clear, constructive feedback and influence stakeholders.
- Strong communication and reporting skills with a proactive and collaborative approach.
Application Process
This role offers a unique opportunity to contribute at a strategic level to the quality and consistency of audit practices across a broad and complex business. You will enjoy a collaborative and inclusive culture, flexible working arrangements, and a strong commitment to professional development. If you feel that your skills and experience match the requirements outlined, please submit your CV and a member of Venn Group’s Financial Services team will reach out.
Audit Quality Assurance (QA) Consultant (Multiple Roles) employer: Venn Group
Contact Detail:
Venn Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Quality Assurance (QA) Consultant (Multiple Roles)
✨Tip Number 1
Familiarise yourself with the latest IIA Standards and Ethics. Understanding these standards will not only help you in interviews but also demonstrate your commitment to maintaining high audit quality.
✨Tip Number 2
Network with professionals in the internal audit field, especially those who have experience in QA roles. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've contributed to improving audit practices in your previous roles. This will showcase your analytical mindset and ability to influence stakeholders effectively.
✨Tip Number 4
Stay updated on trends in the financial services sector, particularly those affecting internal audit. Being knowledgeable about current challenges and innovations will help you stand out during discussions with senior management.
We think you need these skills to ace Audit Quality Assurance (QA) Consultant (Multiple Roles)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Audit Quality Assurance (QA) Consultant position. Tailor your application to highlight relevant experiences that align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your background in internal audit and any previous QA or internal audit review experience. Use specific examples to demonstrate your understanding of audit methodologies and standards.
Showcase Your Skills: Clearly outline your analytical skills, attention to detail, and ability to provide constructive feedback. Mention any professional qualifications like ACA or ACCA, as these are highly desirable for this role.
Craft a Compelling Cover Letter: Write a cover letter that not only summarises your qualifications but also expresses your enthusiasm for contributing to the quality and consistency of audit practices. Make sure to address how you can influence audit methodology positively.
How to prepare for a job interview at Venn Group
✨Know Your Audit Standards
Familiarise yourself with the Institute of Internal Auditors' Standards and Ethics. Being able to discuss these standards confidently will demonstrate your expertise and understanding of the audit landscape.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to evaluate audit practices and identify areas for improvement. Prepare examples from your past experiences where you successfully implemented QA processes or provided constructive feedback.
✨Showcase Your Analytical Skills
Highlight your attention to detail and analytical mindset during the interview. Be ready to discuss how you've used these skills to prepare comprehensive QA reports or identify trends in audit findings.
✨Communicate Effectively
Strong communication is key in this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex audit concepts. This will help you influence stakeholders and convey your recommendations effectively.