Internal Audit Manager - Edinburgh £45-60k FTC 12 months

Rutherford Cross is seeking an individual from a finance or treasury audit background either at audit manager level or senior auditor level looking to progress to their next step.

Principal accountabilities

Delivering the audits

Identify and assess potential risks to the business and appropriate audit responses, working in line with current regulatory and statutory requirements;

Undertake their assigned audits on time and to quality standards, using the IA methodology meeting the following requirements during the planning, fieldwork and reporting stages:

Planning

• Liaise with the business to confirm that planned timescales for the assignment are viable;
• Discuss the business context and audit scope with the AM, including any issues or concerns and resourcing challenges;
• Set up and carry out any required site visits, conducting 'walk through' interviews with key staff to identify processes, risks and controls;
• Capture all relevant data within process maps and meeting notes;
• Create and issue an Audit Scoping Document, assessing the adequacy of controls, identifying tests to be completed and the associated testing rationale;
• Design the test strategy to be used during fieldwork;
• Create and issue the Terms of Reference to the business;
• Review key audit documents with the SAM

Fieldwork

• Lead and conduct site visits to test the effectiveness of controls;
• Document testing in the audit software;
• Identify, analyse and classify issues arising from the audit fieldwork, involving the SAM and HoA as required, suggesting effective and efficient control improvements;
• Demonstrate an awareness of the relevance of issues identified to the wider business
• Present regular updates to the business during testing.

Reporting

• Finalise meeting notes and reports on control tests and enter the data into the SB audit software, in line with the SB IA methodology;
• Draft the audit report and review with the SAM;
• Escalate contentious issues or findings to the Sam and HoA as required;
• Liaise with key business stakeholders to introduce and discuss the draft and final reports;
• Meet key auditees with the SAM to present the audit findings;
• Conduct and on-going follow up of issues to ensure that they are monitored until closure.

Relationship Management

• Develop and manage strong relationships within the business;
• Demonstrate the capability to challenge the business on risks and controls, as required, and effectively influence and negotiate when making recommendations for improvements.
• Establish and build relationships, both internally and externally, to support ongoing development of industry, legislative and regulatory knowledge;

Teamwork and Personal Development

• Demonstrate supportive and effective teamwork on all assignments.
• Identify relevant training and development opportunities to support current and future career aspirations.

Experience

• Strong experience in risk based auditing or risk and control activities in financial services
• Operational or audit experience of financial products and their associated processes within financial services
• Demonstrated experience in managing business relationships;
• Experience in undertaking audit assignments across the front and back offices of a financial services business;
• OR experience in undertaking change and IT audit assignments.

Qualifications

• CMIIA, ACCA, CA or equivalent qualification is desirable but not essential.

Technical Competencies

• Excellent communication skills, both verbal and written, and relationship building skills,
• Excellent planning and organisational skills
• Excellent analytical, evaluation and problem solving skills
• Good knowledge of retail banking businesses;
• Excellent Influencing and negotiation capabilities;
• Strong focus on results, and drive to meet or exceed standards, both personally and when delivering through others
• Strong focus on finding solutions that have the right outcomes, acceptable to both the auditee and IA function

Please can you call Lucy Edgar on 0131 603 8111 or email [email protected] for more information