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The Head of Audit role is critical to the overall delivery of the Internal Audit function’s objectives and assurance agenda, providing essential independent and objective assurance, advice and insight to the Group Board Audit Committee and Group ExCo. The person in post will have responsibility for senior Executive stakeholder management, developing and overseeing the delivery of value-adding assurance and advisory engagements, and articulating the views of and/or specifically representing the Group Chief Internal Auditor / Internal Audit function in different Society governance meetings. This will include direct exposure to the preparation and presentation of materials for the Group Board Audit Committee and Group ExCo. Overseeing and controlling the day-to-day delivery of approximately half of the annual Internal Audit Plan, the Head of Audit will provide leadership, insight and direction to the approach and methodology used by Internal Audit colleagues to assess the Society’s / Bank’s business as usual operations and integration efforts. The role will focus on activities associated with Operations and Technology, being concentrated on processes fundamental to delivering the organisation’s customer and member service standards, while also including elements of change prioritisation and delivery, and strategic digital development. By overseeing the definition and execution of focused audit engagements, the role holder will have responsibility for ensuring the impactful delivery of opinions, guidance, challenge and insight related to the improvement of risk management, control and culture for the Group. As a new role within the Internal Audit function, it will have a specific focus on supporting the delivery of assurance of the integration of the Society and The Co-operative Bank.
Job Responsibility:
Providing essential independent and objective assurance, advice and insight to the Group Board Audit Committee and Group ExCo
Senior Executive stakeholder management
Developing and overseeing the delivery of value-adding assurance and advisory engagements
Articulating the views of and/or specifically representing the Group Chief Internal Auditor / Internal Audit function in different Society governance meetings
Overseeing and controlling the day-to-day delivery of approximately half of the annual Internal Audit Plan
Providing leadership, insight and direction to the approach and methodology used by Internal Audit colleagues to assess the Society’s / Bank’s business as usual operations and integration efforts
Focusing on activities associated with Operations and Technology
Ensuring the impactful delivery of opinions, guidance, challenge and insight related to the improvement of risk management, control and culture for the Group
Supporting the delivery of assurance of the integration of the Society and The Co-operative Bank
Requirements:
Significant internal/external audit management experience including an ability to develop both straightforward and innovative assurance approaches that reflect the strategic priorities of the organisation
Strong leadership capabilities that can effectively oversee the delivery of complex engagements flexibly, to time and quality
Exceptional stakeholder management experience and skills, being proficient at engaging with Executive level leaders and their senior leadership teams
Focus on delivering value and insight in conjunction with independent assurance
Excellent awareness of internal audit standards, requirements and industry good practice, combined with strong skills which optimise assurance coverage
Extensive experience in managing, developing and supervising colleagues
Broad experience of preparing high quality audit reports and/or papers for senior management and risk/governance committees
Nice to have:
A Chartered Internal Audit (Certified/Chartered Auditor), IT Audit (CISA) and/or accounting (ACA/ACCA) qualification
Understanding and experience of financial services regulations and expectations
What we offer:
28 days holiday a year plus bank holidays and a holiday buy/sell scheme