Head of Internal Audit

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.