Head of Internal Audit

Head of Internal Audit

This City Based broker has an enviable reputation as a true market leader and innovator. They have experienced excellent growth over the last few years and have aggressive but calculated plans to continue this growth both in the UK and globally. They are also in the process of gaining their Banking license.

They are currently looking to recruit a Head of Internal Audit who can lead and grow the function. Reporting into the CEO and Chairman of the Risk committee, this will be an extremely important and pivotal position within the company and as such will need someone with excellent people, communication and technical skills coupled with the energy and drive to succeed.

Responsibilities will include but not be limited to:

* Develop, perform and control the full audit cycle including risk management, control and governance in line with all applicable directives and regulations
* Determine internal audit scope, develop annual plans and execute those plans in an expeditious manner
* Evaluate and improve the effectiveness of governance, risk management and control processes
* Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts etc.
* Prepare and present reports that reflect audit results and document the process, providing constructive and objective feedback
* Act as an objective source of independent advice to ensure validity, legality and goal achievement
* Identify loopholes, recommend risk aversion measures and cost savings
* Maintain open communication with senior management, advising accordingly on any issues requiring attention
* Conduct follow up audits to monitor management’s interventions
* Engage in continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
* Look beyond financial risks and statements to consider wider issues such as reputational risk, growth, the organisation’s impact on the environment and the way it treats its employees

As the successful candidate you will be degree educated with a relevant professional qualification (must be a member of the Institute of internal Auditors.) You will have a proven track record in Internal Audit within a Financial Services / FCA regulated business. You will have excellent communication skills and the energy and aptitude to drive the function forward.

Enquire about this job

Search For a Job