The Head of Internal Audit will lead the internal audit function for a SME international bank.
Client Details
International Corporate Bank, based in the City of London.
Description
The Head of Internal Audit will develop and execute an internal audit strategy for the Bank's London Branch that aligns with the Bank's overall risk appetite and strategic objectives;
· Promote a strong internal control culture across the London bank.
· Take responsibility for the Internal Audit processes and procedures.
· Produce an annual internal audit plan for discussion with the Bank CEO before submitting the plan to Head Office for approval prior to implementation.
· Undertake internal audit reviews and prepare audit reports to include recommendations, where appropriate; comments from Head of Department will be sought for and documented prior to the submission to Head Office Internal Audit as a Final Audit Report.
· Provide independent assurance over financial reporting, regulatory compliance, operational effectiveness, IT controls, etc.
· Maintain open and effective communication with regulators, external auditors, and other assurance functions.
· Coordinate with second-line functions to ensure comprehensive coverage of key risks, emerging risks, regulatory developments, and industry trends to proactively adjust the audit approach.
· Act as the key point of contact for internal audit matters.
· Undertake any special investigatory reports as necessary.
Profile
A successful Head of Internal Audit should have:
FCA/PRA approval to perform Controlled Functions SMF5.
· Significant experience (10+ years) in financial services, preferably within wholesale international banking with a minimum of 5 years as Head of Internal Audit;
· Strong knowledge of banking regulations (PRA/FCA), risk management frameworks, and governance best practices.
· Proven ability to manage a small team and manage senior stakeholder relationships, internally and externally, across a wide and diverse set of backgrounds.
· Demonstrated experience in risk-based auditing and the development of audit methodologies.
· Strong analytical, communication, organisational and report writing skills.
· Commercial awareness and flexibility
· Understanding of IT and IT security risks.
· Experience in international bank operations and cross-border regulatory environments.
· Familiarity with key wholesale banking products.
Qualifications:
· Degree in Accounting, Finance, Business, or a related field.
· Professional certifications such as: Chartered Institute of internal Auditor (CIA), Chartered Accountant (ACA, ACCA).
Job Offer
If you are ready to take the next step in your career as a Head of Internal Audit, we encourage you to apply for this exciting opportunity.
Michael Page Banking | London |