Internal Auditor

Job Title: Internal Auditor
Contract Type: Graduate
Location: London
Salary: Competitive
Reference: IAJS
Contact Name: Jessica Simpson
Contact Email:
Job Published: March 05, 2019 17:16

Job Description

The  purpose  of  UTB’s  Internal  Audit  function  is  to  provide independent  and  objective assurance designed to add value and improve UTB’s operations. It  assists  UTB  in  accomplishing  its  objectives  by  bringing  a  risk based,  systematic  and disciplined  approach  to  evaluate  and  improve  the  effectiveness  of  the  organisation's  risk management, control, and governance processes.

As an internal auditor, the appropriate candidate will assist the Internal Audit (IA) Function to provide an independent assurance to Management that the Bank’s risk management, governance and controls are operating effectively. The candidate is required to be a self-starter and work independently as well as part of the team.

The scope and nature of audits will vary and areas audited include all lending divisions, corporate functions and second line functions such as Credit, Risk and Compliance. The candidate will assist with the delivery of the annual audit programme under the supervision of the Internal Audit Manager and/or Head of Internal Audit (HIA).

Key Responsibilities:

  • Conduct audit testing as required with limited supervision from the Audit Manager/HIA.

  • Ability to identify risks and control failures within the business.

  • Provide value add services to the business by recommending practical solutions to control weaknesses to mitigate key risks.

  • Ability to communicate control weaknesses to relevant business units, seek guidance from the Audit Manager/HIA as necessary.

  • Attend close out meetings with the Business and agree on management actions.

  • Ability to produce good standard draft audit reports for review by Internal Audit Manager/HIA.

  • Log audit findings on an audit tracker to follow-up remedial action.

  • Maintain all necessary working papers to support audit findings.

  • Manage stakeholders and their expectations through regular communications.

  • Maintain awareness of external regulations generated by the FCA/PRA, and other professional bodies, including matters of governance and best practice.

  • Perform audit work in line with CIIA guidelines and code of conduct.

Skills and Competencies

  • Ability to identify risks and controls.

  • Ability to communicate accurately, both verbally and in writing.

  • Time management skills with the ability to work under pressure to tight timescales whilst paying attention to detail.

  • The Internal Auditor will have access to all the Bank’s records and information, much of it of a confidential nature and appropriate professionalism and discretion will need to be exercised.

  • The Internal Auditor will have the ability and mind-set to remain independent at all times

  • Competent IT (Word, Excel, PowerPoint) and presentation skills and an ability to communicate sensitively but effectively.

  • Ability to demonstrate the relevance of audit findings.

  • Ability to present findings to Audit Manager, HIA and Management.

  • Provide clarity of work and audit reports

  • Gather Auditees’ feedback.

Benefits and Remuneration

  • Competitive Salary and Bonus package

  • 25 Days Holiday

  • Contributory Pension

  • Life Insurance

  • Private Medical Insurance

  • Season Ticket Loans

  • Excellent career development opportunities and where appropriate sponsorship of a relevant qualification