Business Auditor - Global Private Banking and Wealth Management Firm - Up to £75,000 Base Salar[...]

BMO Harris Bank; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

BMO Harris Bank is seeking a qualified auditor to conduct independent reviews of control frameworks and governance structures. The position demands a proactive self-starter with 3-5 years' experience in private banking or asset management, and excellent stakeholder management skills. The successful candidate will engage in audit planning, execution, and reporting, ensuring compliance with quality standards while working in a hybrid format offering good work-life balance.

Qualifications

• Finalist or Fully-Qualified auditor with a minimum of 3-5 years of experience.
• Experience in private banking, wealth management or asset management sectors.
• Ambitious and proactive attitude.

Responsibilities

• Participates in the effective and efficient diagnostic work on audits.
• Executes audit assignment planning and execution.
• Documents work performed in accordance with departmental quality standards.
• Provides assurance and identifies potential findings.
• Develops recommendations and collaborates with management.

Skills

Communication

Stakeholder management

Self-starter

Analytical skills

Education

ACA or ACCA or IIA qualification

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.