Risk and Best Practice Internal Auditor
Application Deadline:
3 February 2025
Department:
Compliance
Employment Type:
Permanent - Full Time
Location:
City, London
Reporting To: Compliance Project Director
Compensation:
GBP 70,000 - GBP 75,000 / year
Description
The Risk and Best Practice Internal Auditor is a new role created to help identify, assess, and strengthen the firm's internal controls and processes. This role is critical to ensuring compliance with regulatory frameworks, internal policies, and certifications, while not focusing on auditing client work, which is already covered by our service teams. The successful candidate will lead internal audit activities, ensuring all internal processes are functioning correctly, with proper authorisations and controls in place.
Key areas of audit will include:
Supplier set-up and due diligence Partner and staff expenses Payment controls and authorisations Recoverability of time charged to clients Anti-money laundering (AML) internal audit -compliance with AML regulations and firm policies Onboarding and Letters of Engagement processes ISO 9001 audits across service lines Business Development team process audits Additionally, this role offers the opportunity to expand into new areas such as auditing operational teams and contributing to due diligence on acquisitions.
Key Responsibilities
Lead internal audit activities, evaluating the effectiveness of internal controls, policies, and processes. Ensure compliance with all relevant regulations, including AML regulations, ISO 9001, and the firm's financial controls. Conduct thorough audits in areas such as supplier due diligence, staff expenses, payment authorisations, and business development processes. Provide detailed reports with recommendations for process improvements and risk mitigation. Develop and implement audit plans, deciding on the scope and timing of audit activities independently. Act as a key advisor to the business on quality systems, regulatory compliance, and internal controls. Collaborate with senior leadership to ensure recommendations are actioned and embedded into operational processes. Build strong working relationships with key stakehold Skills, Knowledge & Expertise
Internal Audit Expertise: Proven experience in managing and leading internal audit activities, ideally within a professional services firm. Regulatory Knowledge: Strong understanding of AML regulations and experience with ISO 9001 audits is preferred. Financial Controls: Familiarity with auditing financial controls and processes; a strong understanding of numbers is essential. Analytical Skills: High attention to detail with the ability to analyse complex data and present clear, actionable insights. Communication & Interpersonal Skills: Confident and robust, capable of asking challenging questions and engaging with senior leadership, including partners. Problem-Solving: Ability to navigate complex problems pragmatically and propose effective, tailored solutions. Self-Starter: A self-motivated individual who can independently manage audit schedules and priorities. Organisation: Highly organised with excellent time management skills to ensure audits are completed effectively and within deadlines. Relationship Building: Ability to develop strong working relationships across the firm to foster collaboration and support process improvements. Qualification: ACA or ACCA not required, but strong numerical and financial analysis skills are essential. Job Benefits
Salary Reviews: Twice a year to recognise your contributions. Generous Annual Leave: Enjoy 25 days plus three days off at Christmas. Flexible Working: We're committed to a positive work-life balance, offering a hybrid working policy that prioritises your well-being and flexibility. Comprehensive Wellbeing Support: Access to Digicare+, Employee Assistance Programme, and more! Private Medical Insurance Professional Subscriptions: Invest in your growth and development. Inclusive Employer: Be part of a diverse team with equity, inclusion, and flexibility at the core
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Application Deadline:
3 February 2025
Department:
Compliance
Employment Type:
Permanent - Full Time
Location:
City, London
Reporting To: Compliance Project Director
Compensation:
GBP 70,000 - GBP 75,000 / year
Description
The Risk and Best Practice Internal Auditor is a new role created to help identify, assess, and strengthen the firm's internal controls and processes. This role is critical to ensuring compliance with regulatory frameworks, internal policies, and certifications, while not focusing on auditing client work, which is already covered by our service teams. The successful candidate will lead internal audit activities, ensuring all internal processes are functioning correctly, with proper authorisations and controls in place.
Key areas of audit will include:
Supplier set-up and due diligence Partner and staff expenses Payment controls and authorisations Recoverability of time charged to clients Anti-money laundering (AML) internal audit -compliance with AML regulations and firm policies Onboarding and Letters of Engagement processes ISO 9001 audits across service lines Business Development team process audits Additionally, this role offers the opportunity to expand into new areas such as auditing operational teams and contributing to due diligence on acquisitions.
Key Responsibilities
Lead internal audit activities, evaluating the effectiveness of internal controls, policies, and processes. Ensure compliance with all relevant regulations, including AML regulations, ISO 9001, and the firm's financial controls. Conduct thorough audits in areas such as supplier due diligence, staff expenses, payment authorisations, and business development processes. Provide detailed reports with recommendations for process improvements and risk mitigation. Develop and implement audit plans, deciding on the scope and timing of audit activities independently. Act as a key advisor to the business on quality systems, regulatory compliance, and internal controls. Collaborate with senior leadership to ensure recommendations are actioned and embedded into operational processes. Build strong working relationships with key stakehold Skills, Knowledge & Expertise
Internal Audit Expertise: Proven experience in managing and leading internal audit activities, ideally within a professional services firm. Regulatory Knowledge: Strong understanding of AML regulations and experience with ISO 9001 audits is preferred. Financial Controls: Familiarity with auditing financial controls and processes; a strong understanding of numbers is essential. Analytical Skills: High attention to detail with the ability to analyse complex data and present clear, actionable insights. Communication & Interpersonal Skills: Confident and robust, capable of asking challenging questions and engaging with senior leadership, including partners. Problem-Solving: Ability to navigate complex problems pragmatically and propose effective, tailored solutions. Self-Starter: A self-motivated individual who can independently manage audit schedules and priorities. Organisation: Highly organised with excellent time management skills to ensure audits are completed effectively and within deadlines. Relationship Building: Ability to develop strong working relationships across the firm to foster collaboration and support process improvements. Qualification: ACA or ACCA not required, but strong numerical and financial analysis skills are essential. Job Benefits
Salary Reviews: Twice a year to recognise your contributions. Generous Annual Leave: Enjoy 25 days plus three days off at Christmas. Flexible Working: We're committed to a positive work-life balance, offering a hybrid working policy that prioritises your well-being and flexibility. Comprehensive Wellbeing Support: Access to Digicare+, Employee Assistance Programme, and more! Private Medical Insurance Professional Subscriptions: Invest in your growth and development. Inclusive Employer: Be part of a diverse team with equity, inclusion, and flexibility at the core
#J-18808-Ljbffr
