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Audit Senior

Information About This Job

Job Title: Audit Senior
Location: London
Industry:
Salary: Up to £80,000
Contact Name: Ben Cheema
Contact Email: bcheema@lawsonchase.com
Job Published: 2 days ago

Job Description

Key Responsibilities

  • Assist the Global Head of Internal Audit in developing the firm's annual risk based Internal Audit plan;

  • Perform internal audits including: audit assignment planning; audit fieldwork; and the drafting of audit reports;

  • Identify, analyse and document risks and controls within business processes;

  • Evaluate the adequacy of control design and then test the operating effectiveness of identified controls. Identify and document control and process gaps/weaknesses and propose practical and value added recommendations to address control inefficiencies;

  • Participate in closing meetings and provide clear explanations of the risk exposures for identified audit issues;

  • Assist in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to relevant heads of department and senior management;

  • Validate the closure of Internal Audit Recommendations by the business;

  • Participate in governance related tasks such as the production of reporting packs for Boards and committees, including the Audit Committee;

  • Perform relationship management tasks with senior business stakeholders;

  • Undertake ad hoc assignments at the direction of the Global Head of Internal Audit;

  • Participate in the continuing development of the firm's Internal Audit Methodology;

  • Abide by the Code of Ethics of the IIA and fundamental principles of the audit charter as well as by the Group’s in-house Code.

  • Assist management in maintaining awareness and management of key operational risks in the business as a whole.

 

Legal & Regulatory Responsibilities

  • Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the firm’s Compliance manual and Compliance policies and procedures as issued from time to time: Financial Security requirements, including but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.

  • Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

 

Key Contacts

Internal

  • Global Head of Internal Audit,

  • Board of Directors

  • Management Committee

  • Department Heads Group Internal Audit Team

 

External

  • External Auditors

  • Regulators

 

Skills & Experience

  • Degree (BSc, BA or MBA)

  • A recognised professional qualification in Accounting or Internal Auditing

  • Significant experience in Internal Audit, Control or Risk Management, gained from working in the asset management industry in Luxembourg and London Alternatively, moderate/significant external audit experience working in the asset management sector.

  • Use initiative and be able to work autonomously

  • Demonstrate analytical ability

  • Good communication skills, both written and spoken.

  • Strong interpersonal skills

  • Solid understanding of risk and control concepts. Ability to apply these concepts to evaluate the adequacy and effectiveness of business processes and controls to mitigate risk to tolerance levels defined by management

  • Working knowledge of professional IIA performance standards with regarding to execution of internal audit reviews

  • Well-developed technical skills in Microsoft Word, Excel, PowerPoint and Visio

  • Fluent in English (fluency in French a bonus)

 

Additional Information

  • Frequent travel will be a core component of the role (approximately 40%)

Ref: | Published: 16th Oct 2017