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Senior Manager - Second Line of Defence FS/Banking

Date: Oct 13, 2021

Location: London, United Kingdom

Company: KPMG UK

There are a number of manager and senior manager opportunities within the KPMG UK’s Second Line of Defence (2LD) team. The 2LD team is part of KPMG UKs Audit Centre of Excellence (ACE) department, which centrally oversees guidance and support provided to UK audit teams. The 2LD team’s primary objective improve the quality of audit execution and documentation during the course of the audit, before audit opinions are signed through the performance of in-flight reviews for audited entities subject to review by the UK regulator, the FRC. The 2LD team is a major part of KPMG UKs strategy to improve and maintain audit quality and has seen significant investment in the size of the team since its inception 6 years ago.

As a member of 2LD you will have operational responsibility to coach audit engagement teams on their planning, execution, evidencing and reporting of audit engagements. You will provide technical insight and guidance as well as ensuring audit teams are correctly applying KPMG UK audit methodology & guidance, and meeting the expectations of the UK regulator, the FRC. You will demonstrate strong integrity and professional scepticism and a commitment to remain objective. You will support audit teams during the audit but will not deal directly with management at the audited entity.

We are looking for individuals with experience of auditing large entities in the financial services & banking sector, this experience can be either in audit delivery or in a support role similar to 2LD. The role will require you to interact directly with audit engagement leaders, helping them lead engagement teams to plan and deliver consistent high-quality audits. You will have direct access to subject matter experts to support you in this role and will be expected to consult with others in 2LD on a daily basis.


Your responsibility will primarily be working simultaneously with several audit teams where you will:

Help them robustly evidence their risk assessment and develop their panned audit approach

Coach them in the delivery, execution and evidencing of the audit procedures

Challenge the clarity of thinking during the reporting and completion stages

You will have significant scope to influence the performance of these engagements. The role is focussed on engagements within the scope of the FRC’s Audit Quality Review team, which is typically UK listed entities. You will also contribute to the development of sustainable improvement actions to be implemented across all audits at KPMG UK.


You can locate anywhere within the UK as you will be providing remote support to engagement teams across the UK.

Flexible working

Many 2LD team members have a flexible working pattern. Flexible working arrangements will be considered.

Necessary experience and skills:

Be passionate and committed to audit quality

Have excellent accounting and auditing knowledge

Excel at coaching

Be pro-active and resilient

Have good written and verbal communication skills

Be confident interacting directly with audit engagement leaders

Demonstrate diplomacy when challenging audit approaches

Be able to work under pressure

Benefits to you (what you will get out of this role):

Deepen and extend your knowledge of financial reporting and audit methodology

Have a significant impact in our audit function and drive our quality agenda

Gain experiences from working with a range of audit teams

Be supported by having access to consult with colleagues in the 2LD team and those that lead KPMG UK’s audit quality program

Have access to a well-established 2LD operating methodology

Freedom to locate anywhere within the UK

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