Senior Internal Auditor
The role of Group Internal Audit is to provide independent and objective challenge to, and assurance over, the Schroders Group's control environment through effective evaluation of risk management, control and governance arrangements implemented by management.
The department has around 20 members of staff and is led by the Head of Group Internal Audit who has a primary reporting line to the Chairman of the Board Audit and Risk Committee, with a secondary line to the Group Chief Executive.
Overview of role
The reporting line will be to the Internal Audit Manager, working for a Senior Internal Audit Manager. The Senior Internal Audit Manager's team has responsibility for the execution of audits across Investment teams in London and also other locations where needed.
As Schroders' Internal Audit function has a global remit, you will be required to work both in the UK and overseas. The team has a high profile, and the work undertaken is complex and often time pressured, and will, in many cases, have significant impact upon ongoing activities within the Group.
The Auditor shall ensure that all his / her responsibilities are performed to the highest levels of integrity, quality and transparency and in a manner most likely to promote the success of the Schroders Group. The principle responsibilities of the role are:
Planning and scheduling audits with the business, as directed by the Internal Audit Manager.
Delivery of audits as allocated by the Internal Audit Manager or Senior Internal Audit Manager, ensuring that work completed and outputs produced adhere to relevant professional standards and to the Internal Audit manual.
Attending closing meetings, where required.
Escalating issues identified by Internal Audit to appropriate levels of management promptly.
Writing reports, issues and actions to a high standard.
Tracking issues and actions arising from internal audit work.
Ongoing liaison with relevant management across Schroders to maintain awareness of key developments.
Involvement in special projects and investigations as required.
Supporting the Internal Audit Manager in performing their duties, and substituting as necessary.
Maintaining the relationship with internal audit co-source suppliers, if needed.
Previous experience of audit, preferably in an internal audit function.
Experience within the financial services industry.
Strong understanding of investment or trading businesses (such as investment bank trading desks, brokerage businesses, asset management investment desks) and their associated risks and key controls.
Understanding of the UK regulatory environment.
Excellent communication and report writing skills.
The ability to work effectively with business staff and management.
Ability to travel in the UK and overseas for up to 30% of your time.
Experience specifically within the asset management, wealth management or private banking industries.
English is essential as language. The knowledge of other languages used within Schroders group will be considered to be an advantage.
An audit or accountancy related qualification (ACA, ACCA).