Job Description
Sterling Williams are working closely with an International Wholesale bank based in the City of London who are looking to hire an Assistant Internal Auditor. This is a crucial role to support a long-standing Head of Internal Audit on a permanent basis.
* City of London based - 4 days in the office, 1 WFH
* Assistant Internal Auditor
The Assistant internal Auditor works with the Head of Internal Audit to ensure that all Bank procedures and controls are adhered to.The auditing process is to identify the risks involved in every area in which the Bank is active and to ensure that such risks are adequately assessed and appropriately monitored with any anomalies reported in a timely manner to Head Office Internal Audit and London Branch General Management.
Key Responsibilities:
* Assist the Head of Internal Audit in developing an appropriate Internal Audit strategy for London Branch.
* Assist the Head of Internal Audit in development of the Annual Internal Audit Plan for London Branch and submit to Senior Management/Head Office Internal Audit for approval.
* Undertake Internal Audit reviews as directed by the Head of Internal Audit and prepare draft audit reports at the end of each review.
* When necessary, deputise for the Head of Internal Audit at meetings of the Management Committee, Asset & Liability Committee and Risk & Compliance Committee.
* Undertake Ad Hoc projects as required by the Head of Internal Audit such as research and general administrative support.
* Assist in financial audits, reviewing financial records, ensuring compliance and identifying discrepancies.
* Analyse financial data to identify trends, anomalies and potential issues.
* Ensure compliance with current regulations in line with UK regulatory system.
* Assist with the testing and evaluation of internal controls.
* Communicate findings, recommendations and issues to the Head of Internal Audit and Senior Management.
The successful candidate will likely have:
* An organised self-starter who has strong understanding of accounting principles, financial statements and audit procedures.
* Ability to identify patterns, analyse data and draw conclusions.
* Able to build and maintain excellent working relationships within the Bank
* Negotiation skills and commercial awareness
* Ability to analyse processes and procedures in detail and verify information.
* Communication (verbal/written) and presentation skills with the ability to clearly and effectively communicate findings and recommendations
* Degree level education
* Minimum 3 years of banking/financial industry background would be preferred - whether this is direct in the industry, or via a practice/consultancy focussed on the Financial Services.