Regulatory
Senior Audit Manager – Fraud and Financial Crime
A large banking client is looking for a Fraud and financial crime SME to come and join their Audit team to provide specialist advice across the team. Role is based in Manchester and will look to provide good career progression.
Role purpose
- Specialist in fraud and financial crime risk and control
- Able to challenge and influence senior executives in their decisions around appropriate controls and processes.
- Providing assurance at senior executive level
- Supporting the development of the IA strategy and audit plan to ensure it is aligned to internal business priorities and responds to current and emerging external and internal developments.
- Key to successful delivery of Internal Audit plan and individual assignments
Dimensions of the role
- Specific knowledge of strategic and operational aspects of fraud and financial crime
- Detailed knowledge of processes and operations impacted by fraud and financial crime within the business together with broader high level awareness.
- In depth knowledge of fraud and financial crime risk aspects of the regulatory and compliance regime and ability to apply judgement and pragmatic interpretation.
- Understanding and applying judgement to the broader implications of fraud and financial crime control breaches across the organisation.
- Need to influence high graded and high skilled leadership teams
AREAS OF ACCOUNTABILITY:
- Subject matter expert on fraud and financial crime risk within the Internal Audit Team.
- Build, maintain and develop strategic relationships with key stakeholders both within the business and externally, including partners to deliver the IA programme, which will require influencing within a specialist area.
- Support delivery of the audit plan through provision of technical expertise and / or complex assignment management and direction.
- Support the implementation of the IA strategy, informing a dynamic audit plan through provision of intelligence on fraud and financial crime
- Influence and challenge senior stakeholders within CBG, and the Co-operative Group where required, to ensure the provision of independent and objective assurance
- Motivate and develop colleagues within the IA function through knowledge sharing and transfer, instilling a culture of continuous learning.
- Lead key audit programmes, committees and perform audit/consultancy work on complex / sensitive areas of the organisation, identifying key risks and designing effective controls.
- To support delivery of best practice reporting to the Executive, Audit Committee, External Audit and external stakeholders (where required) including as appropriate, audit opinions, changes to plan, key performance indicators and the tracking and closure of IA issues
- To support the audit universe planning process, identifying and providing rationale for the audit work required on an ongoing basis
- Individually maintain a high internal and external profile, through planned activities, challenge and influence on audit assignments and at committees, ad hoc relationships and attendance at external courses, and to use this to support the business and IA Leadership Team in the development of IA strategy and a programme of continual improvement
- Encourage and coach others within the department at all levels to do the same through professional development and knowledge transfer.
- Ensure TCF frameworks and requirements are fully embedded into the business area plans, policies, processes, procedures and practices.
- Ensure appropriate monitoring, reporting, disclosures and remedial actions are completed to fulfil CBG expectations regarding the six TCF outcomes (as defined by the FSA).
- Support and champion the promotion, training and embedding of the organisation’s commitment to fairness, value and social responsibility in all dealings with customers.
- Ensure colleagues understand the implications of TCF for their roles and these are reflected in performance objectives and associated training.
Experience
- Significant experience in the IA field and / or specialist area, including risk based methodologies, codes of conduct and industry best practice
- Understands and has experience of proactively anticipating and responding to the existing and emerging issues and expectations within the area of fraud and financial crime
- Detailed knowledge of processes and operations within specific aspects of CBG’s business together with broader high level awareness
- Strong understanding of colleague development through knowledge sharing and support activities
- Significant knowledge and experience of governance, risk identification, internal control systems and their application in relation to areas of specialism, in UK regulated, major financial services organisations
- Recognised relevant post-graduate qualification
- Substantial PQE
- Substantial experience within financial services organisations, over key functions relating to areas of expertise
- Broad understanding of the financial services industry and the regulatory and legislative environment; detailed understanding within specialist area
- Excellent communication, relationship building and influencing skills, at strategic and tactical levels, able to communicate effectively to a variety of audiences including at senior management and Executive level, and via a variety of mediums e.g. presentation, report, committee papers etc.
- Good networking skills with a proven track record and experience of building strong external networks across the industry and with professional suppliers.
- Experience of developing and realising the potential of professional colleagues
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