Senior Auditor - UK

Job Title:                     Senior Auditor - UK

Industry:                      Banking

Location:                    United Kingdom

Salary:                         Competitive Salary Package + Benefits

Job Purpose:

We are seeking a motivated, adaptable and detail-oriented individual to join the Internal Audit, Controls and Governance Assurance function; to support the head of department and the Board in delivering thematic audits and strategic projects, aimed at compliance with regulatory requirements, corporate and industry standards.

This senior level permanent position offers an excellent opportunity for professional growth within the banking sector. The Senior Auditor will work closely with the head of department to provide audit, internal controls and governance assurance; provide administrative support, ensure regulatory compliance, and contribute to the overall risk management framework of the bank.

Responsibilities:

• Develop and execute the annual audit plan, focusing on thematic audits aligned with strategic priorities and regulatory requirements.
• Conduct risk assessments, audit testing, and prepare audit reports for senior management and the Board.
• Evaluate the effectiveness of internal controls, risk management, and governance processes across the bank.
• Ensure compliance with regulatory requirements, recommending improvements to policies and procedures as needed.
• Liaise with regulatory bodies, external auditors, and other stakeholders to support regulatory audits and reviews.
• Collaborate with the risk management team to identify, assess, and mitigate risks impacting the bank.
• Participate in strategic projects and thematic audits to provide independent assurance and add value to key initiatives.
• Provide administrative support to the head of department, including preparing reports, presentations, and Board papers.
• Maintain organised records of audit activities, ensuring easy access for reference and regulatory purposes.

Experience

Technical:

• Bachelor’s degree in Accounting, Finance, Law, or a related field and professional certification
• Proven experience as an auditor, assurance or compliance monitoring professional, or a related field;
• Minimum of 5 years (at least 2 years of UK experience is desirable).
• In-depth understanding of auditing and internal control practices.
• Experience in/ familiarity with banking operations and regulations in the UK.
• Experience in/ familiarity with trade finance, regulatory reporting and/ or information technology. Experience in other key banking processes is desirable.

General:

• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.
• Effective communication skills, both written and verbal.
• Ability to work collaboratively in a team environment.
• Ability to juggle multiple tasks without compromising quality.
• Self-motivated and able to work independently without constant supervision.
• Ability to show adaptability and flexibility to support deliverables and deadlines.
• Ability to maintain an open-mind and be receptive attitude to new ideas and approach to work.
• Comfortable stepping into different roles to support overall success of the department.

Qualifications/Education/Training

Essential        

• Internal Audit
• Administration
• Action Follow-up

Desirable

• Information Technology
• Compliance
• Accounting
• Risk Management

Key Competencies

Audit Execution:

• Track Audit actions, conduct routine internal audits, internal control tests and action validations directed by line manager, in accordance with established procedures and regulatory guidelines.
• Assist in the evaluation of the effectiveness of internal controls and risk management processes.

Documentation and Reporting       

• Transpose texts from various report formats into excel manually to aid tests/ validation.
• Prepare clear and concise audit documentation to support findings and recommendations.
• Contribute to the preparation of audit reports for management, highlighting areas of improvement and best practices.
• Produce management information as directed by line manager.

Administration and organization   

• Ensure effective delivery of administrative duties and all tasks assigned.
• Ensure work is well organized and delivery/ deadlines are met.
• Complete all tasks as may be assigned by line manager according to specification.

Collaboration

• Work collaboratively with cross-functional teams to gather information and gain insights into various aspects of the bank's operations as required for work assigned.
• Communicate effectively within the department and stakeholders.

Continuous Learning          

• Actively participate in training programs to enhance auditing skills and stay current with industry best practices.

Regulatory Framework & Requirements 

• Actively demonstrate interest in regulations and industry standards.

Per Regulators Conduct Rules       

• Acts with Integrity, due skill, care and diligence.
• Is open and cooperative with the Regulators.
• Pays due regard to customers interests and treats them fairly.
• Observes market conduct standards.

Key Performance Indicators

• Independence and objectivity
• Timely delivery
• Flexibility and adaptability
• Quality delivery
• Communication
• Team collaboration
• Problem solving
• Receptive to feedback and improvement

Place of work