Internal Audit Manager - Glasgow

Role Title: Internal Audit Manager - Glasgow 

Reports to Title: Head of Risk & Governance

Job Purpose: 

To support the Group Risk & Assurance function managing the internal audit and assurance engagements, assigned by the Head of Risk & Governance, ensuring that work is completed on a timely basis to a high standard in accordance with all relevant IIA standards and City’s Internal Audit Policy and Procedures.

Responsibilities:

Risk & Assurance Delivery

• Draft the annual Internal Audit Plan reflecting the Audit Universe and in line with risk appetite
• Prepare and maintain all Audit/Assurance Function Governance documentation
• Conduct and/or manage audit reviews as identified within the annual Internal Audit plan, to provide assurance that relevant control frameworks are designed and operating effectively.
• Ensure audit/assurance work is delivered in accordance with the International Professional Practices Framework (IPPF).
• Ensure audit/assurance work is carried out and concluded on a timely basis, in line with budgeted timescales and costs.
• Conduct risk-based audit/assurance planning and scoping, resulting in the preparation of individual Terms of Reference and Risk & Control Matrix, for each audit/assurance engagement, for approval by Head of Risk & Governance.
• Conduct/manage/review audit field work, including the documentation of design and operational effectiveness of controls, including supporting systems, ensuring all work is completed and documented to “re-performance” standards and in accordance with the Terms of Reference already agreed.
• Document and/or review internal audit findings to ensure clarity and insight, for approval by the Head of Risk & Governance.
• Ensure high-quality, realistic and value-adding recommendations to improve controls and risk management.
• Prepare Internal Audit reports for review and approval by the Head of Risk & Governance
• Communicate audit findings and provide recommendations for improvement during, and at the conclusion of, audits, both written and verbal.
• Track and review formal management responses on audit recommendations and subsequent remediation points, to ensure improved controls and processes are designed effectively
• Track and review the consistent implementation of agreed management responses to ensure risk is mitigated appropriately, in a timely manner.
• As directed, conduct and/or manage non-audit assurance reviews, ensuring the work is carried out in line with internal audit process and standards, where required.
• As directed, conduct and/or manage Ad hoc investigations including analysis of financial and/or operational business performance.
• Support the Head of Risk and Governance in the development of the Risk management framework, as required

Team Leadership & Development

• Supervise and coach junior team members on execution of audit methodology, best practices, and risk analysis work.
• Allocate work and monitor progress, ensuring timely delivery and quality outputs.
• Support professional development and contribute to a positive, learning-focused team environment.

Reporting & Stakeholder Engagement

• Prepare and present clear, insightful reports for all relevant senior stakeholders, including clients and the Risk and Audit Committee, as required.
• Build strong working relationships across the business, maintaining the credibility of the Internal Audit function.
• Prepare reporting for the quarterly Risk & Audit Committee, including an executive summary of recently completed workstreams, progress against the audit plan and the implementation status of agreed management responses to audit findings.

Knowledge, Skills, Experience

Knowledge

• Advanced knowledge and understanding of Internal Audit processes and principles.
• Strong working knowledge of the Global Internal Audit Standards
• Strong understanding of Governance best practices
• Strong knowledge of IT General controls
• Strong knowledge of Cyber Security / Infosec controls

Skills

• Excellent communication, including report writing and presentation skills
• Able to distil complex issues into clear insights
• Able to build strong working relationships with internal stakeholders
• Confident engaging with senior stakeholders and influencing positive change.
• Ability to assess large data sets and interpret performance and trends
• Strong risk identification and root cause analysis skills
• Confident leading and working alone or as part of a team, with ability to adapt as required
• Able to allocate work, direct and motivate other team members
• Strong coaching abilities to develop other team members.
• Excellent organisational skills and attention to detail.
• Self-motivated, performance driven, customer focused
• Comfortable working in both structured and agile environments.

Experience & Qualifications

• Minimum of 5 years’ experience in Internal Audit
• Qualified IIA professional (e.g. ICAS, ACCA etc) or other relevant professional qualification 
• Experience leading and managing Internal Audit or assurance activity
• Proven experience of coaching and developing others
• Experience in a complex, fast paced business environment preferable
• Exposure to data analytics tools and / or continuous assurance techniques.