Assistant Vice President, Corporate Functions - Risk, Legal , Finance, Treasury & Regulatory Re[...]

MUFG; London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A multinational bank in London seeks an Audit Manager responsible for leading audit engagements with a focus on agile methodologies and effective stakeholder relationships. Ideal candidates will possess strong project management skills, a commitment to diversity, and the ability to produce high-quality audit reports for executive audiences. Join a culture that values innovative thinking and inclusiveness.

Benefits

Flexible working arrangements

Diversity and inclusion initiatives

Qualifications

• Proven experience in leading audit engagements.
• Strong understanding of agile project management.
• Excellent verbal and written communication skills.

Responsibilities

• Lead the execution and delivery of audit engagements.
• Manage stakeholder relationships and provide independent challenge.
• Produce impactful audit reports for senior executives.

Skills

Project management

Agile methodologies

Stakeholder management

Education

Relevant degree or professional qualification

Tools

Audit software

Data analysis tools

Job description

1) Main Purpose and Accountability of the Role

Specifically, you have accountability for EMEA Internal Audit (EIA)

Audit Managers are responsible for independently completing the execution and delivery of audit engagements, working within audit teams on the scoping, planning and reporting of audits, issue validation, and continuous monitoring activities. Audit Managers are expected to lead sub-sections of audit assignments as well as provide supervision and support to audit analysts. On occasions, they might also act as audit leads. Audit Managers will have strong project management skills, embed agile into their audit delivery, be structured in their approach to work role-modelling a culture of high performance and continuous improvement, and will be able to manage and prioritise work effectively driving a sense of urgency to complete tasks within short turnaround times. Delivery and execution of all engagements must adhere to audit methodology and standards, meet established deadlines, and include formal sign-offs of key documents and processes within the audit file.

2) Roles, Scope and Reporting Structure

• Authority from, and Reporting to: Director, Finance, Treasury and Regulatory Reporting Internal Audit EMEA

3) Key Responsibilities

Specifically, you will be accountable and responsible for taking appropriate action with respect to MUFG Internal Audit, EMEA (EIA), including:

Audit Delivery and Planning

• Responsible for the maintenance of the audit universe and risk assessments of assigned Auditable Entities.
• Responsible for supporting the Audit Directors/Senior Audit Managers to dynamically manage the audit plan for the assigned portfolio considering whether it remains relevant throughout the year, proposing changes as appropriate. Execute work or lead assignments independently and effectively ensuring timely delivery and adherence to audit methodology and standards. Escalate any challenges that might impact the audit delivery timelines to Senior Audit Managers /Audit Directors in a timely manner.
• Responsible for the execution and delivery of the assigned audits within the audit plan and issue management/validation on time and within EIA Key Performance Indicators (KPIs), with limited supervision and to the required methodology and Quality Assurance standards. In particular:
• Embed Agile and deliver risk-based audit engagements and demonstrate appropriate coverage of the key risks
• Where assigned, Project manage audit engagements with clear focus on timelines and strong supervision of the team deliverables, including timely and effective review of workpapers and prompt constructive feedback to the auditors.
• Monitor own delivery of tasks effectively and deliver within the deadline set; meet interim milestones and avoid overruns. Document effective workpapers in a timely manner and in line with audit methodology and standards.
• Raise and agree potential findings and management action plans promptly during the audit in line with Agile principles with the Auditor In Charge/Audit Director and with key business stakeholders.
• Coordinate issue follow-up with stakeholders and validate issues to the required quality standards and within relevant KPIs leveraging desktop validation where appropriate.
• Maintain regular touchpoints with stakeholders to drive and support effective issue management and promptly escalate challenges.
• Deliver audit workpapers and files to meet all QA standards with minimum review points from Auditor In Charge/Audit Director.
• Ensure data quality is in line with data quality related deadlines and expectations.
• Responsible for producing audit reports and individual issues that are written for executive audience - impactful, clear key messages, factual, active voice and written in line with effective business writing requirements and needing minimum edits by Audit Directors/ExCo/CAE.
• Responsible for supporting the Audit Directors to provide clear, concise and accurate senior executive and governance committee papers on time – including Audit Committee, Risk Committee, Control Environment and MCA Opinions.

Stakeholder Relationships

• Responsible for developing constructive, collaborative relationships with relevant stakeholders (as assigned by the Director) providing a commercial perspective and effective challenge and guidance as ‘an independent respected’ voice. Share best practices and feedback from industry network and other external sources; partner on initiatives and remediation activities. Support the One MUFG and overall Group strategy.
• Responsible for establishing regular meetings with any assigned stakeholders, building trust, and bringing a collaborative mindset and a calibrated view on risk when providing check and challenge.
• Responsible for effectively supporting the embedding of the agile framework to improve frequency and quality of stakeholder interaction during audits and raising issues as you go. Collaborate with stakeholders to achieve effective agile outcomes - remove blockers, achieve shorter audit execution times, improve the stakeholder experience.
• Responsible for supporting the Portfolio Director’s influence of change within the organisation and provide insights on industry risk and control best practices and emerging risks.
• Where assigned by the Audit Director, responsible for partnering with stakeholders to demonstrate impact and influence through tangible outcomes and raised standards of controls and behaviours in the Stakeholders Control Environment. Responsible for generating their own ideas to achieve the same goal.
• Through Continuous Monitoring, responsible for identifying and escalating emerging risk or any material changes that might impact the audit universe, risk assessment, audit plan to Audit Directors/ExCo.
• Responsible for supporting EIA in governance fora, working groups and relevant committees as assigned by Audit Directors/ExCo /CAE in the capacity required.
• Responsible for identifying opportunities to show broader enterprise wide leadership outside the function, through I&D type roles, thematic analysis or integrated assurance work.
• Responsible for communicating with Executive presence to management - focus on being crisp in communication.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute