Principal Consultant - Risk Assurance £50-55k + annula bonus (Hybrid working - reporing in to Birmingham office)
Consulting brings together multiple teams across Transactions, Risk & Consulting, ABA, and Outsourcing to provide client-centric solutions for clients within the middle market. Our Consulting team has a major role to play in driving forward the growth. At the heart of Consulting are the six solutions we offer our clients: business transformation, deal services, finance function support, risk and governance, forensic and investigation services, and restructuring. Our solutions create an enhanced tailored approach to support our clients in achieving their strategic goals and empower our people to make an impact and develop their own unique career path. This role sits in the Financial Services Risk Assurance (FSRA) team, which is part of the wider Risk Assurance Services faculty. The role-holder will support the Client Management Team in the day-to-day delivery of internal audit and wider risk assurance services to a portfolio of financial services clients.
Overall job purpose
In delivering internal audit and risk assurance services, the role-holder will be a strong ambassador for the organisation, promoting brand awareness and upholding high ethical standards of business.
Responsibilities
Staff Management
- Resource planning to ensure all client engagements are adequately resourced in a timely manner.
- Providing bespoke training programmes for junior staff.
- Managing staff utilisation figures.
Client Delivery
Oversee delivery of client work as part of the engagement delivery team::
- Agreeing engagement scopes with clients.
- Overseeing client delivery by team members.
- Quality assurance reviews of internal audit files and reports.
- Effective stakeholder engagement and relationship management.
Financial
- Manage internal audit contracts and individual reviews in line with the agreed budgets.
- Billing, invoicing and recovery management.
Business Development
- Assist the Partner in business development initiatives, including being involved in tender presentations and visits to target clients and networking at various events to build our brand.
Contribution to wider FS faculty
Contribute to the firm wide FS faculty through:
- Cross referral of opportunities to other service lines and disciplines.
- Playing full role in FS sector groups and initiatives.
- Joint targeting with other service lines.
Requirements
Practical experience of working in an equivalent position. Technically proficient in executing and leading audits in accordance with IIA standards and the standards on effective audit in financial services across several of the following areas, such as:
- Regulatory reporting (COREP/FINREP)
- Client Money and Assets (CASS)
- CRD IV
- MIFID II
- Recovery & Resolution Planning (RRP)
- ICAAP and Pillar 3 reporting Senior Managers & Certification Regime
- FCA Systems and Controls - especially in relation to Compliance and Risk Management Frameworks
- Governance
- Conduct Risk Management
The role holder will have extensive experience of working in different financial services sectors, such as:
- Insurance
- Banking
- Alternative Finance / Lending
- FX Trading
- Investment Management and funds
- Asset Management
- Broker/dealers and Prop traders
- Investment banking and stockbroking