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Business Unit:
Internal Audit Salary Range:
From £60,800 per annum DOE + red hot benefits Location:
UK Hybrid (Newcastle and Glasgow hubs attendance as required) Our Team Join the Audit function as we transform our team into one that is ready to meet the challenges of the future, setting us up to support our ambition to disrupt the status quo and turn traditional banking on its head. Our team leverage our knowledge to provide credible assurance and oversight in relation to key risks. We value collaboration, pragmatism, integrity, and curiosity. This is an opportunity to play a key role in the third line in one of the leading UK banks. You will have the ability to influence stakeholders and have a tangible impact on the control environment for the bank to keep us safe. What you'll be doing Developing a great understanding of the business areas you work with and building strong effective relationships with your key stakeholders and engaging those stakeholders on audit delivery, risk management and the control environment. Supporting the development of a relevant, high quality and value-add audit plan for model risk. You'll also work with the wider team to take a "best team" approach to audits for other areas of our annual audit plan. Leading and delivering audit engagements to agreed quality requirements and timescales. Keeping pace with external regulations, internal audit best practice and any thought leadership in model risk. Promoting risk management and control awareness through proactive coaching with our stakeholders and development activities in our team. Attending relevant committees to keep abreast of changes to the control environment. We need you to have (essential) Experience: Model risk management, with experience and a solid understanding of activities across the model risk lifecycle including development, validation, implementation and monitoring. Good knowledge of relevant accounting and prudential risk rules, such as IFRS9, IRB, ICAAP, stress testing and RWA requirements. A willingness to learn more is also key. Internal Audit, Risk management or control assurance experience. Broader knowledge of operational risk management frameworks. Skills: Ability to clearly communicate, and understand, interpret and visualise information and data to provide analysis and insights. A track record in building and managing stakeholder relationships. Problem solving and a desire to find new ways of doing things, with the ability to bring pragmatic solutions into use. Critical thinking and the confidence to challenge others to think differently. Ability to work across multiple projects and successfully deliver quality results on time. Proven capability in contributing to insightful opinions. It's a bonus if you have (but not essential) Relevant qualifications in related fields including Model Risk, Financial Risk, Credit Risk or Internal Audit. An understanding of the impact of digitisation and data in banking. Experience in using advanced data analytics. Red Hot Rewards Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more. Up to five extra paid well-being days per year. 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt. Market-leading pension. Free private medical cover, income protection and life assurance. Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness. And there's no waiting around, you'll enjoy these benefits from day one. Feeling insatiably curious about this role?
If we're lucky to receive a lot of interest, we may close the advert early and would hate you to miss out. Now the legal bit Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it), but we'll need you to confirm you have the right to work in the UK. If you're successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks - we'll ask for six years of regulatory references, and once in the role, you'll be subject to periodic employment checks. Advertised:
23 Jan 2025 GMT Standard Time Applications close:
07 Feb 2025 GMT Standard Time
#J-18808-Ljbffr
Internal Audit Salary Range:
From £60,800 per annum DOE + red hot benefits Location:
UK Hybrid (Newcastle and Glasgow hubs attendance as required) Our Team Join the Audit function as we transform our team into one that is ready to meet the challenges of the future, setting us up to support our ambition to disrupt the status quo and turn traditional banking on its head. Our team leverage our knowledge to provide credible assurance and oversight in relation to key risks. We value collaboration, pragmatism, integrity, and curiosity. This is an opportunity to play a key role in the third line in one of the leading UK banks. You will have the ability to influence stakeholders and have a tangible impact on the control environment for the bank to keep us safe. What you'll be doing Developing a great understanding of the business areas you work with and building strong effective relationships with your key stakeholders and engaging those stakeholders on audit delivery, risk management and the control environment. Supporting the development of a relevant, high quality and value-add audit plan for model risk. You'll also work with the wider team to take a "best team" approach to audits for other areas of our annual audit plan. Leading and delivering audit engagements to agreed quality requirements and timescales. Keeping pace with external regulations, internal audit best practice and any thought leadership in model risk. Promoting risk management and control awareness through proactive coaching with our stakeholders and development activities in our team. Attending relevant committees to keep abreast of changes to the control environment. We need you to have (essential) Experience: Model risk management, with experience and a solid understanding of activities across the model risk lifecycle including development, validation, implementation and monitoring. Good knowledge of relevant accounting and prudential risk rules, such as IFRS9, IRB, ICAAP, stress testing and RWA requirements. A willingness to learn more is also key. Internal Audit, Risk management or control assurance experience. Broader knowledge of operational risk management frameworks. Skills: Ability to clearly communicate, and understand, interpret and visualise information and data to provide analysis and insights. A track record in building and managing stakeholder relationships. Problem solving and a desire to find new ways of doing things, with the ability to bring pragmatic solutions into use. Critical thinking and the confidence to challenge others to think differently. Ability to work across multiple projects and successfully deliver quality results on time. Proven capability in contributing to insightful opinions. It's a bonus if you have (but not essential) Relevant qualifications in related fields including Model Risk, Financial Risk, Credit Risk or Internal Audit. An understanding of the impact of digitisation and data in banking. Experience in using advanced data analytics. Red Hot Rewards Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more. Up to five extra paid well-being days per year. 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt. Market-leading pension. Free private medical cover, income protection and life assurance. Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness. And there's no waiting around, you'll enjoy these benefits from day one. Feeling insatiably curious about this role?
If we're lucky to receive a lot of interest, we may close the advert early and would hate you to miss out. Now the legal bit Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it), but we'll need you to confirm you have the right to work in the UK. If you're successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks - we'll ask for six years of regulatory references, and once in the role, you'll be subject to periodic employment checks. Advertised:
23 Jan 2025 GMT Standard Time Applications close:
07 Feb 2025 GMT Standard Time
#J-18808-Ljbffr
