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Audit Quality Review Banking Inspector

Job LocationBirmingham
EducationNot Mentioned
Salary£94,677 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Audit Quality Review Banking Inspector£94,677.40Birmingham/Hybrid

  • Are you a Senior Audit Manager or above from a professional services firm
  • Do you have extensive experience within the banking sector
  • Are you passionate about audit quality and would like a role where you can help influence standards on a broader scale
The Role:The role provides an insight into how the major firms operate and how they are responding to current issues in the profession and changes in regulatory requirements. Successful candidates will also have the satisfaction of being able to influence the practicesand procedures of the major audit firms to enhance quality. The successful candidate will:
  • Conduct audit file inspections, focusing on the largest and most complex banking audits subject to AQR inspection. File inspections include analysis of audit workpapers, information gathering through informal and formal questioning of the audit team, discussionwith the audit firm of potential issues identified, and concludes with final written reporting.
  • Conduct inspections of firm-wide procedures at the major audit firms as required and visiting audit firms and reviewing their processes and audit methodologies.
  • Lead tranches of banking audit quality inspection activity as required.
  • Lead or participate in other projects as required
  • Supervision and coaching of more junior team members as required
The Person:An accountancy qualification coupled with membership of ICAEW, ACCA, ICAS or ICAI (or equivalent) are required as well as significant experience at least at Audit Senior Manager or above level in the external audit profession, being essential.The ideal candidate will have:
  • A professional accountancy qualification (ACA, ACCA, or equivalent).
  • Significant post qualification experience in the audits of listed banks and other banking entities.
  • Strong technical auditing and accounting skills, particularly in banking.
  • A demonstrable interest and involvement in an audit firms audit quality initiatives.
  • The ability to understand and assess significant volumes of information quickly and through this identify aspects of potential audit quality concern.
  • Ability to build constructive and professional relationships with senior audit team and audit firm personnel.
  • Ability to challenge the judgements made and quality of work performed by audit teams authoritatively, and to present and discuss issues arising on their merits in a calm and professional manner, especially regarding audit work performed on the largestand most complex banking audits.
  • Strong written and oral communication skills including report drafting, presenting AQR findings accurately, fairly and convincingly.
________As an employer, we are committed to ensuring the representation of people from all backgrounds regardless of their gender identity or expression, sexual orientation, race, religion, ethnicity, age, neurodiversity, disability status, or any other aspectwhich makes them unique. We welcome applicants from all backgrounds to apply and would encourage you to let us know if there are steps, we can take to ensure that your recruitment process enables you to present yourself in a way that makes you comfortable.

Keyskills :
ACAACCABankingICAEWprofessional servicesSenior Audit ManagerBig four

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