FNZ

Internal Audit Manager - Business Risk

UK-Edinburgh
ID
2017-2519
# of Openings
1
Department
Finance (FIN)
Position Type
Permanent Full-Time

Role Description

The Internal Audit Manager will have overall responsibility for the IA service with a focus on business risks from the generation of a risk based annual plan through to delivering independent internal audits across the FNZ Group and conducting surveillance and advisory activities.

 

The primary role of Internal Audit is to help the Board and Executive Management to protect the assets, reputation and sustainability of FNZ. It does this by assessing whether all significant risks are identified and appropriately reported by management and the Risk function to the Board and Executive Management; assessing whether they are adequately controlled; and by challenging Executive Management to improve the effectiveness of governance, risk management and internal controls.

 

Internal Audit is responsible for:

  • Working with the Audit Committee and senior management to identify and mitigate or minimise strategic, operational, financial and compliance risks to FNZ,
  • Developing and implementing a flexible, risk-based audit plan based on the FNZ’s risk universe, and other concerns identified by management and the Audit Committee,
  • Working with senior management to bring cost-effective and efficient leading practices to the way FNZ does business,
  • Being the investigative arm of the Audit Committee,
  • Helping maintain the “Tone at the Top” for ethical behaviour and actions throughout the organisation,
  • Maintaining a professional internal audit staff with sufficient knowledge, skills and experience.

Specific Responsibilities

 

  • Ensuring that internal auditing standards and requirements are fully understood and applied;
  • Employ Industry best practice;
  • Maintain the Audit Universe Inventory and associated risk assessment from ongoing continuous monitoring activities;
  • Deliver the Audit plan approved by the Audit committee by planning, executing, and delivering audit reviews. Specifically, the Internal Audit Manager will be expected to take an active part in executing fieldwork by conducting testing and, eventually, supervising the activities performed by both internal staff and the third-party internal auditors performing the fieldwork;
  • Documenting the results of audit work in accordance with audit department and the Institute of Internal Auditors (IIA) standards.
  • Preparing timely audit reports for executive management, the Audit Committee and the Board of Directors.
  • Enforcing the internal audit findings and recommendations, especially where corrective action is required;
  • Attending and representing Internal Audit at relevant Governance committees or working groups;
  • Building and maintaining effective working relationships with stakeholders across the organisation.
  • Performing ad hoc internal-audit related projects as required;
  • Contributing, as appropriate, in the year-end financial audit with the external auditor.
  • Line management responsibilities – managing and developing direct reports/junior staff as applicable.

 

Experience Required

  • An experienced leader, highly motivated and with a proven track record of strong influencing skills and the ability to liaise and work with senior management;
  • Good understanding and working knowledge of current internal audit practices & techniques throughsignifican years of progressive work experience within a financial services environment.
  • Proven experience of developing and delivering audit plan within the financial services sector
  • A strong, confident persuasive communicator (oral and written), capable of robust dialogue;
  • Experience of coaching and developing junior staff;

 

Qualifications

  • Relevant professional qualifications.

 

Desirable

  • Experience with asset management sector.
  • Experience with CASS audits.
  • CIA, CMIIA or equivalent from IIA.

About FNZ

FNZ is a global financial technology and asset servicing provider which powers the wealth management, administration and custodian platforms for some of the world's leading financial institutions. These customers include life insurers, retail and private banks, asset and wealth managers and financial adviser groups based across the UK, Europe, Asia, Australia and New Zealand.

 

We believe that enhancing client engagement, lowering costs, delivering a seamless service and enabling personal solutions are key to helping people achieve their financial goals. We partner with major financial institutions to enable them to provide wealth management services to their clients across direct, intermediated and workplace channels that reflect these principles.

 

We develop long-term partnerships with our customers to enable them to get to market quickly with a market-leading digital proposition, transform their customer service offering and grow assets under management across multiple distribution channels.

 

Our customers include AMP, ANZ, Aviva, AXA Wealth, Bank of New Zealand, Fideuram Vita, HSBC, Mercer, National Australia Bank, HSBC, Santander, Santander Asset Management, Standard Life, UBS and Zurich.  In all we partner with 42 institutional customers worldwide. 

 

FNZ employs over 1,000 people with offices in Edinburgh, London, Bristol, Brno (Czech Republic), Shanghai, Hong Kong, Singapore, Sydney, Melbourne and Wellington.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed