Internal Auditor

Hill Newton Recruitment
28000.00 - 32000.00 GBP Annual
09 Sep 2017
17 Sep 2017
Contract Type
The purpose of this role is to provide reliable, valued assurance to the senior management over the effectiveness of controls mitigating current and evolving high / medium risks and in so doing enhancing the controls culture within the organization.

Internal Audit provides independent assurance to the CEO, Board Audit Committee and internal stakeholders, as well as certain external stakeholders.

The Bank's philosophy is to have strong controls and the position is a high-profile role that is expected to add value to the firm making reasonable and constructive recommendations for improvements.


- With supervision from the Head of the Department, the Internal Auditor shall carry out the following:
- Conducting audit for all the business areas and report outcomes to the Head of Department.
- Assist in identifying the activities and controls that mitigate these risks and where appropriate testing their effectiveness. Reporting to the Head of Audit on areas where controls should be made more effective.
- Monitoring management's implementation of the audit recommendations and performing follow up audits as appropriate after being agreed with the Board Audit committee.
- Presenting findings in a clear manner in well-structured and lucid audit reports
- Assist in completing audit work as scheduled in the Internal Audit Annual Plan and in accordance with the procedures set out in the Internal Audit Manual
- Assist in preparing high quality audit reports and documentation
- Undertake consultancy engagements as directed by the Head of Internal Audit
- Confirmation of customer account balances to external Auditors
- Monitoring and review of system logs


- Internal audit experience and strong technical skills gained within a Banking role (Retail and Wholesale banking) is essential.
- You must be able to write clear and concise reports of audit reviews that identify key risks/issues and suggest improvements.
- Familiarity with FCA/PRA regulations and forthcoming regulatory developments. Ability to consider the likely impact of regulatory developments on the bank, and on internal audit
- You will have a good understanding of banking operations and business risks.
- Experience in banking IT audit and information security is desirable.
- You must be confident and have strong oral communication and interpersonal skills. You will be expected to develop effective working relationships with the auditees.
- ACA, ACCA, CIMA, CMIIA, CIA or CISA qualification is preferable or currently studying towards accountancy and audit qualifications.

Please don't apply for a job if you don't have relevant banking experience