Business Auditor - Global Private Banking and Wealth Management Firm - Competitive Base Salary [...]

National Association of Mutual Insurance Companies; London; Hybrid; GBP 45,000 - 70,000; Full time

Job summary

A leading company seeks an experienced auditor to conduct independent reviews of control frameworks and compliance processes across various sectors. The role includes planning and executing audits, reporting findings to senior management, and ensuring adherence to internal standards. Ideal candidates will be finalists or fully-qualified auditors with a strong background in private banking or asset management, keen on communication and stakeholder engagement.

Benefits

Good work-life balance

Hybrid working model (4 days in office, 1 day remote)

Qualifications

• Minimum 3-5 years of experience from private banking, wealth management, or asset management.
• Experience in a chartered accountancy practice is an advantage.
• Willingness to travel (average 4-6 weeks a year).

Responsibilities

• Conduct local, regional, or global independent reviews of control frameworks.
• Document audit work and prepare clear audit reports.
• Develop recommendations and collaborate with management for action plans.

Skills

Communication

Stakeholder Management

Analytical Skills

Proactive Work Manner

Education

Finalist or Fully-Qualified auditor (ACA / ACCA / IIA)

Job description

The individual will be responsible for conducting local, regional, or global independent reviews of control frameworks, governance structures, and compliance processes, reporting audit findings, risks, and control deficiencies to the Board, Audit Committee, and Senior Management. The company offers good work-life balance and hybrid working (4 days from the office and 1 from home).

Profile Criteria:

1. Finalist or Fully-Qualified auditor (ACA / ACCA / IIA) with a min. of 3-5 years of experience either from industry or from a chartered accountancy practice
2. Must bring experience from the private banking, wealth management or asset management sectors
3. Excellent communication and stakeholder management skills
4. Ambitious individual who is hands-on self-starter, with a proactive work manner with ability and maturity to work in a small IA function
5. Willingness to travel (average 4-6 weeks a year)

Responsibilities / Tasks:

• Audit assignment planning - Participates in the effective and efficient diagnostic work on audits, by collecting, organising and analysing the relative information for the specific audit.
• Audit assignment execution.
• Executes the assigned audit work in accordance with Head of Internal Audit instructions.
• Documents work performed in workpapers referencing the relative documents and sources used.
• Provides assurance and identifies potential findings.
• Determines the causes, effects, and significance of the findings.
• Develops recommendations and collaborates with management to develop action plans.
• Develops conclusions.
• Audit assignment reporting - Working with the Head of Internal Audit to deliver well written and clear audit reports.
• Assist the Head of Internal Audit in the reporting of audit findings, risks, and control deficiencies to the Board, Audit Committee, and Senior Management (reports, presentations, and statistics).
• Contribute to the preparation of the internal audit's annual Risk Assessment, continuous monitoring to derive the Annual Audit Plan.
• Must perform and document all aspects of audit work in accordance with set departmental quality standards, in particularly any local regulatory requirements and the International Standards for the Professional Practice of Internal Auditing.
• Must be able to travel for regional assignments.