Regulatory Auditors - Manager and Senior Manager

  • £70,000 - £110,000
  • Londres, Angleterre, Royaume-Uni
  • CDI, Plein-temps
  • Holmes Search
  • 10 déc. 17 2017-12-10

2 Regulatory Audit roles available at a mid cap investment Bank based in London. The roles are live as they are looking to build a London Audit team to take responsibility for the 3rd line of defence taking this off the hands of head office.

Planning and Execution of Audits

Assist in Audit planning, ensuring work is in accordance with the approved plan, timing and budget, procedures are efficient and appropriate resources are assigned. Understand the regulatory compliance framework, business, risks and processes for assigned Audits. Identify any emerging issues that may impact the audit plan.

Undertake the Audits, ensuring the nature and extent of testing is appropriate to support the audit findings and conclusion. Execute the plan to meet the objectives within the budgeted time. Ensuring at all times documented work is of a high standard, supports audit conclusions and is in accordance with department standards. Work as part of the team in ensuring appropriate audit coverage and minimize duplicate  efforts with other teams in 2nd line.

After the Audit

Identify audit findings, determine root cause of the problem and associated impact, validate the accuracy of the finding with the audit client and clearly highlight the risks for presentation to management.  Escalate higher risk issues and monitor the status of outstanding issues and follow up issues using the Audit Issue Tracking Database.

Summarize reg audit issues in a draft audit report for review by the head of Audit. Present findings to senior Audit staff (OIC and Principal) and assist in audit closing meetings; Ensure that paper files are updated on completion of the audit, all sections are reviewed and  findings have been Logged. Follow-up for corrective action/progress against reported issues in the Audit Issues Tracking Database and escalate when necessary.