Information Technology Internal Auditor - London, United Kingdom - VOSS

Description

Role:
Internal Auditor

On behalf of our client, an international retail and wholesale bank that services private, corporate and institutional clients, we are looking for an Internal Auditor to join their small but successful team.

SCOPE AND RESPONSIBILITIES

Internal Audit provides independent assurance to the CEO, Board Audit Committee and internal stakeholders, as well as certain external stakeholders (typically external auditors, the Group Auditors and regulators).

The Bank's philosophy is to have strong controls and the position is a high profile role that is expected to add value to the firm making reasonable and constructive recommendations for improvements.

The purpose of this role is to provide reliable, valued assurance to the senior management over the effectiveness of controls mitigating current and evolving high / medium risks and in so doing enhancing the controls culture within the organisation.

With supervision from the Head of the Department, the Internal Auditor shall carry out independent reviews and reporting on adequacy of internal controls.

He / She is also required to carry out risk-based audits in accordance with the annual risk-based audit plan, and also monitor management's actions to rectify the audit findings.

Key responsibilities

With supervision from the Head of the Department, the Internal Auditor shall carry out the following:

• Assist in completing audit work as scheduled in the Internal Audit Annual Plan and in accordance with the procedures set out in the Internal Audit Manual
• Conduct audit for all the business areas and report outcomes to the Head of Department.
• Assist in identifying the activities and controls that mitigate these risks and where appropriate testing their effectiveness.
• Monitoring management's implementation of the audit recommendations and performing follow up audits as appropriate.
• Identify risks and weaknesses inherent in the company's business processes, electronic transactions and make recommendations to management, on appropriate controls to put in place for prevention of cyber security attacks, revenue leakages and fraudulent activities including forgery and other irregularities.
• Draft exception reports expressing opinion on IS Audit activities, control weaknesses, identified risks and makes improvement recommendations to management on regular basis.
• Carry out periodic business Applications reviews & Systems Interactions Audit to ascertain effectiveness of controls, level of system reliability and data integrity.
• Undertake periodic readiness test of disaster recovery arrangement and ascertains adequacy of backup methodologies and contingency plans.
• Conduct ISO 27001compliant ISMS audit to assess compliance of the Bank's deployed information systems with the standards.
• Provide technical support and takes active part in cross training with the team.

KNOWLEDGE & EXPERIENCE REQUIRED

• Internal audit experience and strong technical skills gained within a Banking role (Retail and Wholesale banking) is essential.
• Experience in banking IT/Systems audit and information security is required.
• You must be able to write clear and concise reports of audit reviews that identify key risks/issues and suggest improvements.
• Familiarity with FCA/PRA regulations and forthcoming regulatory developments. Ability to consider the likely impact of regulatory developments on the bank, and on internal audit.
• You will have a good understanding of banking operations and business risks.
• Experience or interest in banking IT audit and information security is desirable.
• You must be confident and have strong oral communication and interpersonal skills. You will be expected to develop effective working relationships with the auditees.
• Proven experience of leading audit of controls related to risk management.

EDUCATION

• Degree Educated
• ACA, ACCA, CIMA, CMIIA, CIA or CISA qualification is preferable or currently studying towards accountancy and audit qualifications. CISA Qualification would be a plus.

Department:
Internal Audit


Reporting to:
Head of Internal Audit


Location:
Central London


Start:

ASAP

Salary:
£40,000-45,000 depends on experience


Job Types:
Full-time, Permanent


Salary:
£40,000.00-£45,000.00 per year


Schedule:

• Monday to Friday

Work Location:
In person


Reference ID:
WUTV187