Job Description
Internal Audit Manager for International Corporate Bank focused on Agrifinance
Job Title:Internal AuditorDepartment:Internal AuditPrincipal Purpose of the Job:Under the direction and guidance of the Head of Internal Audit (SMF5), the job holder is responsible for: i) the timely execution of risk-based internal audit reviews, in accordance with the Annual Internal Audit Plan, and;ii) ensuring that the activities of the London Branch comply with the requirements of all relevant UK regulations/ standards.Internal Audit is an independent review function set up within the organisation as a service to all levels of management. Alongside the Head of Internal Audit, the Internal Auditor is responsible for the effective review of all aspects of risk management and control throughout the Branch activities, in order to provide independent and objective assurance. This job description includes any prescribed responsibilities assigned, in accordance with the Bank’s regulatory obligations.Principle Elements of the Job:The Internal Auditor should provide input to the Head of Internal Audit regarding the following job elements.1. Using the firm-wide Internal Audit framework, provide assistance to the Head of Internal Audit when drafting and establishing the Branch’s Annual Internal Audit work Plan, and the three-year work plan encompassing the London Branch Audit Universe, reflecting the schedule of audit tasks, projects and other administration matters for each fiscal year.2. Offer input in the review and refining of audit procedures, methods and programmes where necessary for the conduct of the internal audit function.3. Draft and implement Audit Planning Memorandums, and Audit Work Programmes. 4. Prepare the audit results for the review of and quality assurance by the Head of Internal Audit and the Internal Audit Division.5. Preparation of periodic audit tracking and internal audit activity reports for review by the Head of Internal Audit, prior to submission to the Internal Audit Division at Head Office.6. Assist the Head of Internal Audit in the monitoring and reporting on the satisfactory implementation of audit recommendations by the London Branch of the Internal Audit Division.7. In the absence of the Head of Internal Audit, attend Branch Committee meetings and Working Group meetings at his/ her discretion with ‘Observer’ status.8. Provide written and verbal advice/ services to the Head of Internal Audit, Internal Audit Division and Branch Management on risk-related issues, including systems, control and new products. 9. Perform a review of new product proposals by ensuring risks and required internal controls are adequately highlighted to the Head of Internal Audit, Head Office and Branch Management for information and consideration.10. Communicate the audit activities to the Head of Internal Audit, Regulators, External Auditors and third party consultants who have signed a non-disclosure agreement with the Branch.11. Report the approved expense payments under the determined budget to the Head of Internal Audit.12. Perform a review of the Branch's policy and procedure manuals or updates upon request by the Head of Internal Audit.13. Assist in the development and improvement of Branch standards, procedures and performance measures for risk management.14. Keep abreast of present and future developments that could contribute to improving the risk management capabilities and audit methodology of the Branch.15. Attend appropriate internal and/or external training and professional development courses.16. Provide support for the internal audit reviews of the London Branch conducted by NBE Internal Audit by, for example, providing copies of relevant Branch Internal Audit reports and completed Audit Programmes, whilst liaising with IAD, Branch senior management, and Branch management, and NBE IA.17. Keep abreast of the latest CIIA guidance via training/ seminar attendance, reading and research.18. Assist the Head of Internal Audit and the Internal Audit Division with the continued and ongoing development of the Branch’s internal audit function.And such other duties as the Head of Internal Audit or the Internal Audit Division may, from time-to-time, reasonably require.Reporting LineThe primary reporting line is to the Head of Internal Audit SMF5. Reporting made to the General Manager of the Internal Audit Division would usually be done through the Head of Internal Audit SMF5. # 4768733