Audit Manager

LevelUP HCS; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

LevelUP HCS is seeking an Audit Manager to join a London-based team overseeing audits across Europe, including London, Milan, Madrid, Frankfurt and Luxembourg, with occasional Paris assignments.

The role focuses on verifying controls, assessing risk coverage, and ensuring compliance with FCA principles and other regulators. The successful candidate will lead audit work and liaise with business lines and control functions across geographies.

Qualifications

• Must have proven track record as Audit Manager in investment banking.
• Strong understanding of corporate investment banking risk management.
• Practical knowledge of regulatory expectations across EU/UK and other jurisdictions.
• Analytical acumen with data analytics capabilities.
• Excellent planning, analytical, and deadline-driven work style.

Responsibilities

• Verify controls and assess risk coverage across audit assignments.
• Interpret UK, French and European banking regulations in audit scope.
• Produce high-quality audit reports, scoping documents and programs.
• Follow up on recommendations and maintain stakeholder partnerships.
• Promote and enhance Audit Methodology standards.
• Carry out ad hoc and emergency assignments as required.
• Audit activities cover London, Milan, Madrid, Frankfurt and Luxembourg with potential Paris work.

Skills

Audit management

Investment banking knowledge

Regulatory compliance

Data analytics

Communication and collaboration

Job description

A leading Investment Bank is seeking an Audit Manager to join their team in London.

You will verify the bank's controls and to periodically check and assess by means of audit assignments the completeness of coverage, consistency and correct functioning of the risk control systems in place, as well as their compliance with professional rules, regulations, practices and standards in force.

• Ensure all actions undertaken by this role are compatible with the bank’s obligation to operate in accordance with the FCA Principles for Business and with the requirements of other regulators across Europe.
• Conduct a comprehensive assessment of systems and control of the bank's Wholesale Banking activities of the Bank across Europe following a risk-based approach.
• To interpret and apply UK, French and European banking regulations to risks incurred within the CIB platform.
• Conduct allocated audits and report accordingly, to make recommendations for the improvement of controls and governance and, where possible, efficiency.
• Assess the management of risks by designing and performing tests of mitigating control and their operational effectiveness.
• Produce high-quality audit reports, audit scoping documentation and audit programs. Review and prepare working papers, audit files, reporting and dashboard according to the BPCE GIA and EMEA Audit Group instructions and policies on which reliance can be placed by Regulatory and other BPCE Group General Inspection bodies.
• Assist in following up of recommendations, maintaining and establishing regular business partnering throughout lifetime of open recommendation.
• Perform continuous monitoring and risk identification on the allocated Audit units. Alert the Head of Audit on emerging risks or issues detected during audit works or continuous monitoring activities.
• Promote and champion the use of the Audit Methodology standards and contribute to its continuous enhancement.
• In addition to the above the role may be requested to carry out additional ad hoc and emergency assignments.
• The role is based in London, but the audit activities will be covering London, Milan, Madrid, Frankfurt and Luxembourg. There is an opportunity to be asked to work in Paris on ad hoc basis.

What we need from you

• Proven track record of success operating as an Audit Manager within investment banking.
• Good understanding of corporate Investment Banking activities especially the risk management of these activities.
• Practical understanding of regulatory expectations and rules in the covered jurisdictions (EU, UK etc).
• Speaking an additional language to English is advantageous (Italian, Spanish, German).
• Strong Data Analytics capabilities is a distinct advantage.
• Rigor, reliability, and tenacity.
• Agility and problem solving.
• Planning & analytical skills.
• Proactive, co-operative, and supportive team player.
• Ability to deliver to tight deadlines.
• Assess processes with logic and clarity following a risk-based methodology. Confirming understanding by walkthrough testing, questioning whether design of controls meets risks, and identifying risks for consideration.
• Perform solutions and Root Cause Analysis with Business Line Management or Control Function Management.
• Debate confidently with knowledge, influencing skills and analysis, an ability to withstand pressure and search for validation of counter arguments.
• Document with clarity, brevity and efficiency, and to provide a platform for junior staff to do the same.
• Present facts, results of Investigation and to adapt speech to the audience.
• Experience of geographically dispersed business line and control processes is an advantage.