I am seeking a proactive and dedicated Head of Internal Audit to lead the audit department in a growing Fintech. The successful candidate will be responsible for developing and executing a robust Internal Audit strategy in compliance with company standards and regulatory requirements.
Client Details
Our client is a respected financial services provider that operates across the UK.
Description
- Defining an annual, risk based Audit Plan setting out the reviews to be conducted in the year with a robust, risk based rationale for prioritization,
- Sourcing and coordinating skilled, specialist, third party services for the completion of specific/technical reviews.
- While third party specialists will be used to deliver reviews as appropriate, the Head of Internal Audit will also be expected to lead a number of reviews directly in-house,
- Ensure that the annual audit plan is delivered within the approved budget and to the agreed timescales
- Providing comprehensive, well written reports to Board and the Executive Committee setting out the findings from reviews with a focus on articulating risks and control effectiveness in the specific context of the business
- Ensuring that the Internal Audit function operates as a credible, third line of defence, operating with appropriate independence from both first and second line functions
- Maintaining the 'audit universe', keeping up-to-date with industry best practice on internal audit and risk management
Profile
A successful Head of Internal Audit should have:
- A bachelor's degree in Finance, Accounting, or a related field.
- Professional certification such as ACCA, ACA, or CIMA.
- Proven experience in a similar role within the financial services industry.
- In-depth knowledge of internal audit standards and statutory duties specifically applicable to banking and financial services firms
- In-depth knowledge of internal control systems, procedures and practices across a relevant to retail banking
- Extensive experience in performing internal audit reviews in a bank or other regulated financial services business.
- Strong interpersonal skills, demonstrated through effective relationships and communication including the ability to build collaborative relationships and handle difficult/complex communications with a variety of stakeholders including external third parties
- A credible senior leader which experience of influencing behaviours and decisions at executive and board level
- The role requires regulatory approval to hold the SMF 5 role although previous SMF 5 appointment is not a pre-requisite
Job Offer
- A competitive salary of approximately £100,000-£120,000 per annum, plus a bonus.
- Potential for a performance-related bonus of up to 10%.
- An inclusive and progressive company culture.
- Generous holiday leave.
- Opportunities for professional growth and development.
- Flexibility, infrequently in the office.
We encourage all relevant candidates who are dedicated to excellence in the financial services industry to apply for this exciting opportunity in the North-West.