Audit Director - Financial Crime, Risk & Compliance | London, UK

Bank of London; London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading global financial institution in London is seeking an experienced Audit Director to manage audit assignments from planning to reporting. The ideal candidate will have over 5 years in audit roles within financial services, strong analytical skills, and leadership qualities. This role will require interaction with stakeholders to ensure thorough documentation and compliance with ethical standards.

Qualifications

• Minimum of 5 years in an internal audit role within financial services.
• Strong organizational and analytical skills are needed.
• Experience leading audit assignments is mandatory.

Responsibilities

• Lead or participate in planning, executing, and reporting on audit assignments.
• Monitor progress of audit recommendations.
• Interact professionally and ethically with stakeholders.

Skills

Strong understanding of internal audit processes

Ability to work independently

Excellent writing and presentation skills

Leadership qualities

Education

Professional qualifications such as ACA, ACCA, CIA

Job description

Audit Director - Financial Crime, Risk & Compliance

Bank of London is a leading-edge technology company and the world's first purpose-built global clearing, agency, and transaction bank. We leverage our patented technology innovations and differentiated bank capabilities to lift economies and communities by powering the borderless economic infrastructure of the future.

We are seeking an Audit Director to execute audit assignments from planning to reporting, follow up on audit recommendations, perform continuous audit monitoring, and conduct yearly risk assessments. The role involves regular interactions with various stakeholders within the company, with all duties carried out with integrity, objectivity, and confidentiality, adhering to standards set by the Institute of Internal Audit.

Key Responsibilities:

• Performing Audit Assignments: Lead or participate in planning, executing, and reporting on audit assignments.
• Follow-up Audit Recommendations: Monitor progress of recommendations, review evidence, and document validation thoroughly.
• Stakeholder Management: Interact professionally and ethically with stakeholders, ensuring confidentiality and thorough documentation, and analyzing potential impacts on the audit plan.
• Departmental Projects and Tasks: Contribute to organizational and departmental initiatives under management guidance.
• Coaching and Supervision: Guide less experienced staff and supervise co-sourcing resources as applicable.
• Quality and Improvement: Maintain focus on quality and participate in improvement programs.

Previous Work Experience:

• Minimum of 5 years in an internal audit role within financial services, with prior experience leading audit assignments.
• Professional qualifications such as ACA, ACCA, CIA, ACAMS, CFE are advantageous.

Skills:

• Strong understanding of internal audit processes, professional standards, banking, financial products, and UK financial regulations.
• Ability to work independently within deadlines, with strong organizational and analytical skills.
• Excellent writing, presentation, and synthesis skills.
• Effective time management and prioritization abilities.
• Leadership qualities, team spirit, coaching skills, and experience managing diverse audit teams.

Ethics and Conduct:

• Understand and comply with the company’s Code of Ethics and conduct rules.
• Act with integrity, diligence, and professionalism, following standards by the IIA and CIIA’s Internal Audit Financial Services Code.
• Maintain confidentiality and sign the IIA Declaration annually.

Location:

• London (5 days/week in the office)
• Travel to other locations may be required occasionally.

Diversity:

Bank of London is committed to inclusion, diversity, and belonging. All qualified applicants will receive consideration without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, or veteran status.