Regional Audit Supervisor

  • Competitive
  • Londres, Angleterre, Royaume-Uni Londres Angleterre GB
  • CDI, Plein-temps
  • Société Générale - UK
  • 20 juin 18 2018-06-20

Societe Generale is one of the largest financial services groups in Europe and has been serving the needs of its clients in the UK for more than 100 years through a range of businesses: corporate and investment banking to private banking, asset management, and securities services, as well as specialised financial services including vehicle and equipment finance.

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Summary of the key objectives and primary goals

Inspection and Group Audit Division (IGAD – comprising General Inspection and Internal Audit) is responsible for Internal Audit activity for the Societe General Group. IGAD carries out independent reviews of operational entities, aiming at ensuring in an objective, thorough and impartial manner the compliance of the Group's operations, the level of risk incurred, the enforcement of procedures and the effectiveness and relevance of the corresponding permanent control set up.
IGAD issues recommendations in order to better manage risks and, besides, increase the efficiency of the Group's activity. The Audit teams cover all the risks of the jurisdictions they are in charge of. General Inspection, besides audit work, develops strategic views and may conduct consulting assignments for all sectors and activities of the Group. In order to achieve their missions, both the audits and the Inspection department work together to an annual risk assessment and intervention plan. Once the assignments have been performed, the teams have to follow up on the correct implementation of the corrective actions implemented by the auditees.
The Audit teams carry out audit assignments aimed at ensuring the effectiveness of the internal control system, specifically:
- monitoring the application of internal or external procedures and regulations;
- assessing the security of the processing;
- the quality of accounting and financial data; and
the alignment of IT systems with the needs of the entity.

Summary of the key purposes of the role

• Operational supervision of local and regional audit assignments under the control of the Audit Director / Audit Management.
• Responsible for Continuous Monitoring activities, and risk assessment for business areas assigned by the Audit Director / Audit Management.
• Responsible for ensuring that recommendations are proactively followed up for assigned business areas.
• Complete planning, execution and reporting of audits both within the UK Region and other locations as directed by the Audit Director / Audit Management.
• Perform projects and special assignments as required.
• Ensure timely and complete follow-up (review, validation, and documentation) of outstanding audit recommendations.
• Support Audit management in the administration and planning of the activities of the department.
• Coach, provide feedback, and on the job training to audit staff under their supervision.
• Maintain an appropriate level of interaction/ co-operation with auditees so as to maintain positive business relationships.
• Direct team members and Auditors of other Regions.

Key responsibilities

1. Operational Supervision of Audit assignments

• Managing the efficient and effective delivery of assigned audits and ensure that staff under their supervision meet the quality standards of the department.
• Closely monitoring assignments in terms of performance to agreed budgets and delivery timelines (proactively notifying Audit Director / Audit Management of any significant anticipated variances from budget or timeline).
• Managing the staff evaluations process on assigned audits, ensuring that assignment and staff objectives are set for all auditors on their assignments (in line with individual development objectives), and ensuring that constructive and timely feedback is provided. Timely escalation of any staff performance issues to the Audit Director / Audit Management.
• Responsible for reviewing and signing off all work papers on audits under their supervision and ensuring that review points are satisfactorily cleared.

2. Continuous Monitoring and Risk assessment

• Maintain an appropriate level of interaction/ co-operation with auditees so as to maintain positive business relationships.
• Overall responsibility for timely and effective Continuous monitoring and risk assessment for assigned business areas.
• Working with the Audit Director to ensure effective escalation of Continuous Monitoring and Risk Assessment results to Audit management.
• Coordination with other Global and Regional Supervisors on both Continuous Monitoring and Risk assessments for audit planning.

3. Occasionally perform other project work and perform special assignments:

• For example, on Assignments requested by Audit Management, with other SG Audit departments or with Inspection Générale.

4. Proactive follow-up of outstanding audit recommendations until implementation:

• Ensure timely and rigorous (i.e. reviewed, validated and well-documented) follow-up of audit recommendations through to completion for their assigned business area.
• Anticipation and identification of delays and issues in relation to deliverables and discussing these as part of ongoing Continuous Monitoring.
• Reporting on recommendation follow up status to Audit Director / Audit Management on a regular basis including suggestions on the allocation of recommendations to the team members (in relation to team member's workload).

5. Assist the Regional Audit Management in the administration and planning of departmental activities:

• As required, for example initiatives to improve audit procedures, processes, quality or knowledge sharing.

6. Coaching of less experienced audit staff:

• Provide assistance, advice and practical training to less experienced staff colleagues on the audit process/ methodology and SG businesses and products.
• Provide honest, constructive and timely performance feedback to team members.

7. Maintain a good level of interaction with auditees:

• Schedule and attend ongoing meetings, continuously monitoring the follow-up of recommendations and oversee other auditors' interaction with auditees in assigned areas.

8. Quality

• Fulfil all quality standards expected of a Regional Audit Supervisor as defined by Audit Director / Audit Management and QA.
• As Regional Audit Supervisor for other audit staff not from the UK Hub region, ensure that departmental quality standards are adhered to
• .Ensure teams understand expectations in terms of the scope and approach for each mission.
• Ensure teams set key mission milestones and monitor budget and deadline performance at each tollgate.
• Ensure missions are planned in sufficient detail and mission plans are reviewed / updated throughout each mission.
• Provide adequate on-the-job supervision and coaching to Heads of Mission and less experienced staff.
• Allocate sufficient time to the mission that reflects teams skills and experience.

• Perform detailed work paper and file reviews in a timely manner to quality expectations.
• Provide timely feedback to team members if quality is found to be below standard.

9. Conduct and Ethical Standards:

• Responsibility for ensuring that you are fully aware of and adhere to internal policies that relate to you, your business or other businesses for which you have any level of responsibility. It is your responsibility to ensure compliance with operational risk or compliance requirements (e.g. security policies and regulatory requirements).

• Responsibility for reading, understanding and complying with the Company's Conduct and Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates.

• Act with integrity and due skill, care and diligence in carrying out your duties. Your actions should always be able to satisfy high standards of scrutiny and professional practice standards defined by the IIA.

• You are expected to comply with the requirements of the IGAD Handbook, IGAD UK Local policies and procedures and International Institute of Internal Auditors (IIA) Standards.

• All audit staff are required to sign the IIA Declaration of Professional standards and Code of Ethics on an annual basis. You sign to agree conformance to the following rules of conduct:

* Shall perform your work with honesty, diligence, and responsibility.
* Shall observe the law and make disclosures expected by the law and the profession.
* Shall not knowingly be a party to any illegal activity, or engage in acts that are discreditable to the profession of internal auditing or to the organization.
* Shall respect and contribute to the legitimate and ethical objectives of the organization.

* Shall not participate in any activity or relationship that may impair or be presumed to impair their unbiased assessment. This participation includes those activities or relationships that may be in conflict with the interests of the organization.
* Shall not accept anything that may impair or be presumed to impair your professional judgment.
* Shall disclose all material facts known to you that, if not disclosed, may distort the reporting of activities under review.

* Shall be prudent in the use and protection of information acquired in the course of your duties.
* Shall not use information for any personal gain or in any manner that would be contrary to the law or detrimental to the legitimate and ethical objectives of the organization.


Competencies and Work Experience

• Able to perform audit work with sufficient autonomy, organisation and responsiveness to conduct assignments efficiently.
• Strong understanding of the audit process and methodology - rigorous and reliable in the audit approach.
• Good understanding of investment banking and financial products (significant Capital Markets experience), Financing Business as well as Resources Functions.
• Strong analytic and synthesis skills
• Good project management skills and efficient management of time.
• Able to manage priorities, deadlines and budget constraints.
• Coaching skills – Able to manage and coordinate efficiently a team of auditors with different levels of experience and differing backgrounds. Able to articulate clearly the audit's objectives, timeframes and priorities. Coordinates tasks and supports members of the team.
• Good knowledge of standard IT tools such as MS Office suite.
• Compliant with confidentiality requirements.
• Thorough accounting knowledge.
• Excellent written and verbal communication skills


• A good degree, ideally in a financial discipline, from a top business school combined with relevant, hands-on work experience.
• Qualified Accountant (ACA, ACCA or CPA) qualification (1st time pass)

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.