Head of Audit OSBI

• Produce high quality analysis; manage and develop the OSBI risk assessment process and recommend an appropriate, proportionate OSBI audit plan, working with the other senior audit leaders to ensure a consistent and joined up approach is applied. This will include ensuring appropriate assurance over OSBI-based operational, IT and prudential risk areas.
• Take responsibility for the quality of the OSBI teams output and, with support from the Audit Director, actively project manage the delivery of the OSBI audit plan, including supporting UK audit activity over Indian processes.
• Deliver quality risk-based, value adding audits and reviews on a timely basis in line with methodology:
• Independently conduct audits, including planning, execution and reporting.
• Follow a “No Surprises” culture where issues are raised early and discussed and agreed with management as the audit progresses.
• Develop with management practical, innovative and value-adding solutions to audit issues identified.
• Writing clearly, succinctly and correctly in a well-structured and logical way - drafting high quality audit reports that are impactful, balanced and proportionate and address the root cause of issues.
• Oversee the extraction, formatting and analysis of data to support the GIA Data Analytics strategy. This will include establishing a thorough understanding of the OSB Data infrastructure and working with colleagues in Risk, IT and Operations to identify the most appropriate sources of data to be extracted by the team.
• As a member of the OSBI Senior Management team, develop and maintaining strong business relationships with OSBI management and other relevant stakeholders. Ensure that relevant members of the GIA team are kept abreast of matters that relate to their own areas.
• Supported by the Audit Director where required, lead the recruitment of further audit roles in OSBI
• Line manage and coach direct reports, including all aspects of performance management, development, conduct, employee administration and recruitment.
• Supervise the Audit Manager through the audit process, including reviewing and signing off outputs.
• Responsible for OSBI based follow-up work ensuring management progress actions through to closure, validate they are appropriately resolved with supporting evidence or escalated in a timely manner.
• Briefing the rest of the GIA team on results of horizon scanning/training – acting as the ‘go-to’ person on all OSBI matters.
• Proactive interaction across the GIA function to support delivery of departmental goals and to maintain high quality outputs including:
• Deliver high quality management reporting as required to support audit activities at an individual and committee level.
• Promote continuous improvement in audit practice, methodology and organisation.
• Use coaching and well timed, open, honest and constructive feedback to continuously develop capability within the team; creating an environment for people to grow and develop.
• Encourage collaboration and knowledge sharing between GIA, Risk, Compliance and the business to help embed a robust risk management and control culture across the Group.
• Act as an ambassador for the values driven behaviours, ensuring that you continually display the behaviours expected to a high standard.
• Acting as a key member of the management team using a collaborative and inclusive approach to ensure the whole team delivers.
• Keep abreast of industry best practice and regulatory requirements; be accountable for on-going development of own technical skills and knowledge; maintain the company’s compliance standards and ensure timely completion of all mandatory on-line training modules and attestations.

1.

Essential:

• 15 years’ experience in audit roles with a significant part of this in internal audit.
• 15 years’ experience working in roles in Financial Services with a significant part of this to include experience in UK regulated firms.
• Experience of managing multiple projects.
• Experience with line management and/or demonstrable coaching and development.
• Experience in using data analytics to support audit delivery.

Desirable

• Experience supporting the production of an annual business and operational risk assessment and related annual audit plan

2.

Essential:

• Strong Knowledge of the UK banking regulatory environment (including PRA and FCA)
• Strong Knowledge of the banking/financial services industry.
• Strong knowledge of IT Risk frameworks.
• Advanced knowledge of MS Office Excel.
• Advanced knowledge of MS Office, including PowerPoint.

Desirable:

Experience of auditing/reviewing IT Change Programmes.

3.

• Ability to work independently, with limited guidance in only the most complex situations.
• High level of motivation and resilience with the ability to manage multiple work streams in an organised manner, to tight deadlines and with limited guidance.
• Strong drive and resilience under pressure.
• Ability to make a strong personal impression on others; making effective use of processes to influence and persuade others.
• Ability to quickly assimilate relevant information in unfamiliar situations.
• Excellent attention to detail and ability to analyse and interpret data.
• Ability to receive, and provide, constructive feedback well and learn from it.
• Excellent listening, verbal, written and presentation skills – speaking clearly and fluently; expressing opinion, information and key points of an argument clearly; responding quickly to the needs of an audience and to their reactions and feedback; projecting credibility.
• Proven competence to deliver multiple projects on time and to budget.
• Ability to interact comfortably with senior management including ExCo.
• Ability to build relationships with colleagues based on trust and collaboration; actively sharing knowledge and presenting solutions to problems.
• Ability to manage audit teams both internally and as part of a co-source agreement.

4.

• Qualified professional membership of an internal audit or accountancy body (for example, CMIIA, ACA, ACCA)
• Educated to degree level