Quality Assurance Provider - LMA

LMA; London; Hybrid; GBP 100,000 - 125,000; Full time

Job description

We're seeking a Quality Assurance Reviewer for the bank's Internal Audit Department. This role provides independent assurance to General Managers and Audit Committees on the quality of Internal Audit work across the Bank.

Quality Assurance Reviewer

6 month Contract (Maternity leave cover)
Location: City of London
Daily rate: £400 - £500 umbrella only
Hybrid working: 2 to 3 days in the office

Supporting a team of 68 audit staff across EMEA, the QA reviewer is expected to conduct full QA review on selected sample of audit reports or on key themes across a sample or full population of audit reports each quarter. Additionally, QA is also performed on closed/extended Audit Findings/Management Self-identified Issues per quarter. The role has a time budget for QA assignments but no monetary budget. The QA reviewer assists the Audit COO.

Responsibilities

• Deliver timely QA reviews in line with EMEA audit methodology, IIA expectations, and standards.
• Determine quarterly QA review themes.
• Conduct QA reviews per the Audit Manual.
• Agree on QA findings with relevant AIC/Audit Partner.
• Provide quarterly QA process summary reports.
• Identify and communicate training needs. Provide methodology specific training where required.
• Advise the team on inflight assignments when performing live QA.
• Recommend QA process enhancements for continuous improvement.

Skills and Experience required:

• A detailed knowledge of Internal Audit Policies and Procedures, as per industry standards.
• Knowledge of the Global Standards and Ethics of the Institute of Internal Auditors.
• Experience of working on QA testing within an Audit Department.
• The ability to provide colleagues with constructive feedback and answer their queries.
• Attention to detail. The confirmation of factual accuracy when performing the QA review and preparing Management Information is essential.
• Educated to degree standard and the holder of a professional qualification. ACA, ACCA, CIA or equivalent desirable.

Previous internal audit/credit review experience is required to demonstrate a track record in effective QA audit delivery.