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Audit Quality Banking Inspector

Michael Page Finance
Job LocationLondon
EducationNot Mentioned
Salary£94,677 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Successful candidates will participate in reviews of audits conducted by the Big 4 and other large audit firms. A background in banking sector audit is essential.Client DetailsThis is a leading international audit regulator, playing a significant role globally in the promotion and development of audit regulation.Description

  • Complete banking audit file reviews at the big four, mid-tier, international and/or public sector firms (with the majority of time typically being spent reviewing FTSE 350 audits at the big 4 firms).
  • Conduct inspections of firm-wide procedures at the major audit firms as required.
  • Lead tranches of banking audit quality inspection activity as required.
  • Supervision and coaching of more junior team members as required.
  • Participate in other projects as required.
  • Supporting audit firm supervisors and playing a role in the production of the annual public reports on audit firms in relation to inspection findings.
  • Working as a team, together with colleagues across other divisions.
ProfileExperience at a Senior Manager level in external banking audits of listed entities and some involvement in audit quality initiatives.We are seeking candidates with 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 banking auditprofession, being essential.The ideal candidate will have:
  • Strong technical auditing and accounting skills within banking are essential, particularly of IFRS9 and IFRS13.
  • A demonstrable interest in an audit firms financial services audit quality initiatives.
  • Broad business knowledge to apply across financial institution entities.
  • Ability to understand and assess significant volumes of information quickly and through this identify aspects of heightened risk.
  • 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.
  • Strong written and oral communication skills.
Job Offer
  • Salary £94,777.
  • Play a significant role globally in the promotion and development of audit regulation.
  • Hybrid working.
  • 30 days annual leave plus ability to buy extra leave.
  • Generous employer pension contribution of 10%.
  • A very strong work/life balance ethos.

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