Job Description

MAIN RESPONSIBILITIES

These include but are not limited to:

To deliver, either solo or in a team, high quality, commercially focused audits and advisory reviews that fulfil the audit objectives, whilst managing clients expectations.

To complete the audit planning inclusive of discussion with management in respect of the scope and timing as well the initial audit program (i.e. controls to be tested).

To recommend and promote practical and cost-effective actions for improving the effectiveness of the risk management process and internal control environment, and to monitor and ensure the successful completion of these action plans

To produce Internal Audit Reports for each area of review.

To assist in liaising and working closely with Risk Management and other Control functions to deliver a robust but flexible risk based Annual Audit Programme.

To assist in integrating and co-ordinating as far as possible any controls assurance work performed by other areas of the business.

To investigate irregularities or frauds, to the extent that Internal Audit resources allow.

To support the identification and promotion of market-leading audit practice, including utilisation of on-line audit tools.

To assist in producing information and analysis for presentation to the Audit Committee.

To assist in building and maintaining relationships with specified internal and external stakeholders to encourage open discussion and commitment to problem solving

To assist in the maintenance of a central Internal Audit Action Log (utilising audit software), including discussion and agreement with management regarding content, wording and classification of items, agreement of actions required and follow-up of action points to completion

Regulatory responsibilities: Manage the relationships with Customers, Agents and Service Providers:

To identify and assist in advising the Audit Committee on Conduct Risk matters arising within the business and to coordinate audits in a manner which ensures adequate oversight of potential Conduct Risk exposures.

Required Knowledge, Skills, and Abilities