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

Rymer, Echols, Slay & Nelson-Archer, P.C.; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading firm is seeking a qualified auditor in London to conduct independent reviews of financial control frameworks. The role involves audit planning, execution, reporting findings to senior management, and collaborating on action plans. Candidates should have 3-5 years of relevant experience within private banking or wealth management sectors and possess excellent communication skills. The position offers a hybrid working model for a healthy work-life balance.

Qualifications

• Minimum of 3-5 years of experience from industry or chartered accountancy.
• Experience in private banking, wealth management, or asset management sectors.
• Willingness to travel, averaging 4-6 weeks a year.

Responsibilities

• Conducting thorough audit assignment planning and execution.
• Documenting audit work and providing assurance on findings.
• Preparing audit reports for the board and senior management.

Skills

Excellent communication

Stakeholder management

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.