Share this Job

Internal Audit Director - Banking

Date: Jan 26, 2019

Location: London, United Kingdom

Company: KPMG UK

AutoReq ID132148BR
Job TitleInternal Audit Director - Banking
CountryUnited Kingdom
FunctionRisk Consulting
Service LineIARCS
Service Line InformationEnhanced clarity and a deeper understanding of your business. These are the key objectives of an internal audit.

Today, organisations face unprecedented pressure and risk. Increased regulation, the complexities of operating globally, consumer demands and economic and political volatility all present tough challenges.

The importance of an effective and forward-thinking internal audit function is paramount. It has never been higher on the boardroom agenda.

At KPMG, we work with internal audit committees and their heads to develop quality internal audit functions that deliver strategic business assurance, identify opportunities and enhance value. Applying wide-ranging industry experience, we’ll make your internal audit functions, enterprise risk management programmes and risks and controls management as effective as possible.

KPMG OverviewKPMG is part of a global network of firms that offers Audit, Tax & Pensions, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.

With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

Job Description
KPMG’s Internal Audit (IA) and Risk Compliance Practice is growing at a rapid pace and is looking to hire a Director to join its Banking IA team. The Banking team sits in Financial Services segment of KPMG’s UK Consulting business.

- Are you looking for an opportunity where you can play a leadership role in a growing practice and make a real impact?
- Do you want to be at the forefront of IA working practices, delivering insights at Heads of Audit forums?

If so, this is a great opportunity for an experienced individual to be involved in driving the firm’s IA vision and strategy.

The Banking team is located in the firm’s Canary Wharf offices and works on engagements at multiple client sites.

Areas of Work:

As a Director, you will work on the development of client relationships and business development initiatives and lead a variety of IA engagements covering the spectrum of services that we provide including:

- reviewing and establishing internal audit functions;
- creating audit plans;
- delivery of individual and/or a programme of internal audit projects;
- partnering with clients to supply specialist resource;
- secondments to IA functions to help deliver audits;
- performing external assessments of internal audit functions; and
- delivering training to IA teams on regulatory themes, IA and industry hot topics.

The Role

- Taking a leadership role in the market to identify and develop new client relationships.
- Actively participating in and leading business development activity including the development of proposals and leading presentation meetings to client selection panels.
- Assisting with building new client relationships through attendance at both internally hosted and external events.
- Leading the delivery of internal audit outsource/ co-source or External Quality Assessments for Banking clients.
- Collaboration with a number of firm-wide subject matter experts providing assurance to clients on emerging risk areas.
- Acting as a coach to members of the team and helping with the development of the team as a whole.

The Responsibilities

- Share knowledge and insights on current and emerging investment management and IA best practice, issues and trends.
- Leading the provision of advice to a range of clients on auditor independence rules and risk management practices in the context of providing IA services.
- Understand client’s IA needs and develop compelling proposals/solutions to support new business initiatives.
- Manage a portfolio of existing IA clients and maintain relationships with key stakeholders.
- Perform Quality Assurance over key client deliverables such as IA reports, working papers, and audit programs including managing the input from subject matter experts.
- Attendance at key clients meetings (i.e. planning and risk assessments, Audit Committee etc.) with senior auditees/stakeholders.
- Support the Partner/Directors in attending business development meetings with target clients, attending heads of Audit forums and managing the sales pipeline.
- Develop a multi-disciplinary network across KPMG’s service lines and contribute to any cross-selling opportunities.
- Set and monitor engagement budgets and profitability, including identifying additional revenue opportunities. Forecasting and reporting on client engagements.
- Coach, support and manage staff performance providing open and honest feedback.

The Person

Qualifications & Skills

- Achieved an accountancy qualification including but not limited to ACA, ACCA, IIA, CCAB. We will also consider other suitable Internal Audit qualifications.
- Significant Internal Audit and/or risk management experience at a senior management level, including extensive experience of coordinating teams delivering audits and management of annual planning processes.
- Private sector and/or professional services experience within the Financial Services sector, especially in top tier Investment Banking clients
- Well-developed presentation skills and the confidence to facilitate workshops both internally and externally.
- Outstanding communication skills and ability to influence and deal with senior stakeholders.
- Strong project management skills.

Our DealRecognising and motivating you

If the chance to work with interesting clients and innovative technology wasn’t rewarding enough, we’ll motivate you in other ways too. At KPMG you can expect real responsibilities and opportunities to grow professionally.
‘Our Deal’ sets out all the different ways you’ll be rewarded at KPMG. Among other things you can benefit from honest conversations about your career as well as a range of other rewards. In all these ways and more, we have created an environment that can bring out the best in you.

Flexible WorkingIntelligent working

While some of our client-facing professionals can be required to travel regularly, and at times be based at client sites, we are supportive where possible of helping you to achieve a balance between your home and work demands.
We are happy to discuss individual requirements and our range of flexible working arrangements could be of interest. Furthermore, as part of the recruitment process, we can put you in touch with people who work flexibly so you can understand from them what our culture is like.

Returning to work after a break

At KPMG, we appreciate that returning to work after an extended career break can be daunting. We understand that those with experience who have taken a career break have a wealth of experience and knowledge to offer our organisation, which could assist us to achieve our business goals. We will support you to refresh your skills, develop your confidence and provide a supportive network across the firm to help you best integrate into the working environment. This role welcomes applications for individuals who have been out of work for 18 months or more and who have previous relevant experience.

Applying with a DisabilityApplying with a disability

KPMG are proud to be an inclusive, equal opportunity employer and we seek to attract and retain the best people from the widest possible talent pool. As a member of the Business Disability Forum we're committed to ensuring that you are treated fairly throughout our Recruitment Process. Should you be successful after the initial application stage, please discuss any reasonable adjustments that you may require, with your recruitment contact.

KPMG's commitment to diversity

KPMG's commitment to diversity

KPMG consistently features in the Sunday Times Best Big Companies to work for, which has been recognised with a special achievement award to mark our 10 years in the Top 25. We are proud of the value we place on individuality; we want you to bring your full self to work and truly maximise your potential. We believe your individuality helps us to deliver the best results for our clients. Diversity of background, diversity of experience, diversity of perspective - that's the KPMG difference. But, don't take our word for it, find out more about diversity at KPMG

Policy for Agencies

KPMG has a commitment to sourcing candidates directly and as such we do not accept speculative CV’s from agencies. Please check here to see our policy on agencies: Policy

Job Segment: Internal Audit, Audit, Bank, Banking, Manager, Finance, Management