Audit Manager - Banking and Lending

RSM UK Group LLP.; Manchester; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading auditing firm in the UK is seeking an Audit Manager to oversee audits in the banking and lending sectors. The role involves managing a diverse portfolio, developing team members, and enhancing audit methodologies with a strong emphasis on IFRS 9. Ideal candidates will possess strong leadership skills and a relevant qualification such as ACA or ACCA. The position offers hybrid working arrangements along with an array of benefits including holidays, health and wellbeing perks, and professional development opportunities.

Benefits

Hybrid working

27 Days Holiday

Financial wellbeing benefits

Access to over 300 courses

Qualifications

• Strong IFRS 9 expertise, particularly in accounting and auditing expected credit losses.
• Practical experience auditing ECL models for retail lending products.
• Proven leadership and project management skills.

Responsibilities

• Manage a portfolio of statutory audits in the lending sector.
• Oversee staff on assignments and resolve audit matters.
• Attend client audit committees and support business development.

Skills

Leadership

Project management

Communication

IFRS 9 expertise

Education

ACA, ACCA, CA or equivalent qualification

Job description

RSM is expanding its audit offering in the banking, building society, and lending sectors, focusing on both regulated and unregulated lenders. Based in our London office, this Audit Manager role in banking and lending will lead the delivery of audits for lending clients with a strong emphasis on IFRS9, managing a diverse portfolio and working closely with Directors and Partners. This leadership position includes developing and mentoring team members, supporting technical and training teams to build specialist expertise, and contributing to strategic growth initiatives while enhancing audit methodology. RSM offers a transparent, supportive culture with clear opportunities for career progression and professional development, making this an exciting time to join our rapidly growing service line.

Key Responsibilities

• Manage a portfolio of statutory audits in the lending sector, reporting to Directors and Partners, ensuring compliance with firm procedures and quality standards.
• Oversee and brief staff on assignments, provide training, liaise with senior client staff, and resolve key audit matters in consultation with stakeholders.
• Attend and present at client audit committees and board meetings, and support Directors/Partners with business development, including scoping and pitching.
• Lead recruitment, line management, sector‑specific training, and development of junior team members, while participating in industry organizations.
• Collaborate with national technical and training teams to enhance audit methodology and training on IFRS9 and other technical areas impacting lenders.

Qualifications and Experience

• ACA, ACCA, CA or equivalent qualification with strong IFRS 9 expertise, particularly in accounting and auditing expected credit losses.
• Practical experience auditing ECL models for retail/consumer lending products such as mortgages, personal loans, credit cards, and consumer finance.
• Background in banking, commercial, or retail finance sectors, with ability to develop or enhance IFRS 9 audit methodologies.
• Proven leadership and project management skills, with experience leading teams and delivering complex assignments.
• Excellent interpersonal, communication, and presentation skills, with a collaborative and team‑oriented approach.

Benefits

• Hybrid working between our office in London and on client site.
• 27 Days Holiday (with the option of purchasing additional days).
• Lifestyle, health, and wellbeing including financial wellbeing benefits such as financial tools, electric car scheme and access to a virtual GP.
• Access to a suite of 300+ courses on demand developed by our in‑house talent development team.

As one of the world's largest networks of audit, tax and consulting firms, RSM delivers big ideas and premium service to help middle‑market businesses thrive. We are a fast‑growing firm with big ambitions – we have a clear goal to become the premium adviser to the middle market, globally. This vision touches everything we do, motivating and inspiring us to become better every day. If you are looking for a firm where you can build a future and make an impact, then RSM is the place for you.

Diversity and Inclusion at RSM

At RSM, we want to create a strong sense of belonging so that people of all identities, backgrounds, and cultures feel they can bring their true self to work. Our clients come from all walks of life. We aim to achieve that same diversity of background, experience and perspective in our own teams, so that we can genuinely understand our client's needs. Diverse teams bring a broader range of ideas and insights to work. That's why we're working together to ensure our firm's principles and processes support a firm culture that embraces difference and strengthens inclusion.