Author Archives: Paul Stanbridge

1. Audit Manager – Banking Markets

   2011/07/27 1:38 pm Comments Off on Audit Manager – Banking Markets

   £70,000 per annum, + 30% cash bens, + bonus, London, permanent.

   Working for a major Tier 1 Institution, this post is based in the Global Banking and Markets (GBM) division, which delivers award winning finance, risk management and investment solutions to corporations, financial institutions and governments worldwide. You will be working as a Manager in a pooled team of auditors, providing the assurances and controls which the business needs to deliver a Portfolio of Award winning products to the market.

   The audit team delivers product-based front-to-back audits, mirroring the Markets, Coverage and Origination and Global Portfolio businesses as well as functional audits of key support areas such as Finance, Risk and Operations. As part of a team of over 100 based across Europe, the UK and Asia, you will have the opportunity for some travel, as well as the potential for career development both within the Group Internal Audit function, and the wider business. Within GBM, opportunities are available for candidates with audit experience and/or relevant knowledge of Markets, Banking or Risk Operations, and Finance within an Investment Bank.

   Responsibilities:

   • Lead and participate in audits within an assigned business unit, in line with Group Internal Audit standards and procedures
   • Deliver individual audits as the team leader
   • Foster proactive and professional relationships with the business, providing robust and challenging insight on business risk and control processes
   • Lead and manage audit teams from a pooled team of auditors
   • Initiate and carry out fieldwork as required

   Candidate Requirements

   • Audit experience or relevant knowledge of Markets, Banking or Risk, Operations and Finance within a complex Financial Services business
   • Experience of managing relationships in a business
   • Related business specific product and technical knowledge
   • High level knowledge of banking and financial services business processes
   • Finance, banking, accounting, audit or risk management qualification
   • Experience of leading team projects desirable

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2. General Banking – Senior Auditor

   1:34 pm Comments Off on General Banking – Senior Auditor

   £50,000 per annum, bens, bonus, London, permanent

   Working for a major Tier 1 Institution, this post is based in the Global Banking and Markets (GBM) division, which delivers award winning finance, risk management and investment solutions to corporations, financial institutions and governments world wide. You will be working as one of a team of auditors providing the assurances and controls which the business needs to deliver a Portfolio of Award winning products to the market.

   The audit team delivers product-based front-to-back audits, mirroring the Markets, Coverage and Origination and Global Portfolio businesses as well as functional audits of key support areas such as Finance, Risk and Operations. As part of a team of over 100 based across Europe, the UK and Asia, you will have the opportunity for some travel, as well as the potential for career development both within the Group Internal Audit function, and the wider business. Within GBM, opportunities are available for candidates with audit experience and/or relevant knowledge of Markets, Banking or Risk Operations, and Finance within an Investment Bank.

   Responsibilities

   • Deliver specific aspects of an audit against time and quality standards, using GIA methodology.
   • Work on own initiative to conduct interviews and to deliver the specifics of fieldwork within the scope and timescales of the project.
   • Mentor and give feedback to more junior members of staff as required.

   Candidate Requirements

   • Previous audit experience within Financial Services is highly desirable.
   • Audit experience or relevant knowledge of either Markets, Banking or Risk, Operations and Finance within an Investment Bank.
   • Audit experience within a complex Financial Services business.
   • Related business specific product and technical knowledge.
   • High level knowledge of banking / financial services business processes.
   • Finance, accounting, banking, audit or risk management qualification.

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3. Internal Audit Associate – Private Banking & Asset Management

   10:12 am Comments Off on Internal Audit Associate – Private Banking & Asset Management

   £50-55,000 per annum, bens, bonus, London, permanent

   This major global banking group is seeking an experienced professional to join its Internal Audit Division. The successful candidate will be responsible for performing audit coverage of the Private Wealth Management division.

   Responsibilities:

   • Assisting on audit projects.
   • Obtain and review background documentation, reference materials, business texts and other relevant literature to help develop an appropriate planning approach.
   • Develop and present recommendations and related audit report deliverables.
   • Tracking actions through to conclusion.
   • Develop audit findings. Document business concerns, risks, root causes, and
     recommendations in writing for inclusion in the Audit Report.

   Required Experience:

   • Ideally the successful candidate will be a qualified accountant or equivalent.
   • Relevant business experience with knowledge of investment banking products and services, but with a particular focus on Private Wealth Management and Asset Management.
   • Strong knowledge of audit/risk techniques and principles.
   • A good technical understanding of the business processes function and
     corresponding operational and financial controls designed to effectively manage the
     organisation’s business units and operations.

4. Senior Manager – Finance Audit

   9:36 am Comments Off on Senior Manager – Finance Audit

   Up to £136,000 per annum, £20k cash bens, bonus, London, Permanent

   This major global banking group seeks a Senior Manager to lead a team of up to 6 people with responsibility to support the Audit Partner in delivering the audit plan through appropriate planning and resource management, managing the on-going relationship with Group Finance, Treasury and HR, and to provide leadership for a team of professionals within the team

   You must have:

   • Either significant financial services experience in internal audit or Big4 or significant experience in a finance function in banking.
   • Banking product knowledge and technical accounting knowledge (IAS 39, IFRS 7, IFRS 9)
   • Sound understanding of Basel 2 and Basel 3

   Coverage:

   The role will cover Group Finance and HR, including regulatory reporting,
   tax, treasury and financial reporting. The Senior Manager is responsible for
   managing a portfolio of audits, for maintaining relationships in Group Finance and for
   driving the Finance audit opinion. You will interact with divisional Finance auditors to ensure seamless audit coverage across the Group.

   The successful candidate will have audit or accounting experience in the financial services industry at a senior level. The candidate needs to have proven leadership skills and a flair for developing relationships and interacting confidently at
   executive / senior level.

   Responsibilities:

   • To manage the delivery of a portfolio of audits to time and plan sing the Audit methodology to quality standards.
   • Line manage a team of Senior Auditors and Audit Managers (typically 3-6)
   • Ensure audits are properly resourced and down time is minimised Support the Audit
   • Partner and Audit Director in providing motivation and direction for the audit team
   • Manage underperformance and develop career paths for top talent
   • Provide on-going feedback on performance
   • Carry out performance reviews
   • Coach and develop staff

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5. VP Audit Capital Markets

   2011/06/14 4:04 pm Comments Off on VP Audit Capital Markets

   Up to £120,000 per annum, London, Permanent

   Our Client is a Tier 1 Global Investment Bank, with a highly respected Internal Audit Function. They are currently seeking to recruit a new Financial Auditor at VP level for the Institutional Securities Group of their Capital Markets Function.

   The Post

   Reporting to the Portfolio Manager, the right candidate will be competent in the planning and execution of risk based auditing procedures, communicating findings to senior management, and providing recommendations for improvements.

   The Audited Functions Include

   • Sales and trading activities and procedures
   • All traded products (equities, fixed income, commodities)
   • Operations, financial accounting, compliance and legal protocol
   • Other aspects of the Sales & Trading business

   The post includes the supervision and mentoring of junior staff in carrying out the audit process, as well as budget management, and will therefore clearly require strong report writing skills.

   The Candidate… For more information see ‘further out more’.

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6. Manager/ Senior Manager Finance and Tax Audit

   11:07 am Comments Off on Manager/ Senior Manager Finance and Tax Audit

   50-65,000, Bonus + Bens, London, Permanent

   Our client, a major European Investment Bank is looking for an exceptional individual with strong GAAP, IFRS, Tax and Financial Control experience to manage all audits within the Tax and Finance Divisions.

   The ideal candidate will currently be in a big 4 firm or have 3 years pqe. This is an excellent opportunity to take charge of a group audit area and/or enter the banking sector.

   The successful candidate would be responsible for:

   • Planning, executing and reporting audits.
   • Be a credible subject matter expert in Finance and Tax
   • Tracking audit issues.
   • Leading staff on audit assignments where necessary.
   • Coach/training of the audit team by sharing knowledge and leading by example.
   • Support decision making and assist in the development of the existing program.
   • Close and continuous business engagement with ability to influence management on the overall control framework. This will require sound judgement, critical thinking and ability to challenge the status quo.
   • Identify control trends, regulatory themes and emerging risks in assigned business areas and their impact on the business and to the Bank overall.

   You will take a lead role within a global business, therfore promotion prospects will be available both within and outside of Audit for the successful candidate.

7. Lloyds & General Insurance – Senior Manager

   10:48 am Comments Off on Lloyds & General Insurance – Senior Manager

   Contract or Perm £70-90,000 or £400-450 p/d,

   Our client, a leading consultancy firm, seeks an experienced Internal Auditor or External Auditor with strong knowledge of insurance operations (including: Claims, Actuarial, Research, and Underwriting processes) to work alongside financial auditors at a Lloyd’s Managing Agent and a large General insurer.

   This key role is to assist and educate a team that currently lacks detailed Lloyd’s/ General Insurance operations knowledge.You will manage your own client portfolio in a supportive, professional environment that offers an excellent work /life balance.

8. Director – UK Wealth Management Audit Team

   2011/06/08 5:07 pm Comments Off on Director – UK Wealth Management Audit Team

   Up to £90,000 per annum, London, Permanent

   Our client is one of the premiere Global Investment Banks, operating in over 50 countries and from all major international centres. They are currently looking for a Director to join their UK Wealth Management Audit Team. This Internal Audit team is an independent and objective assurance function, who assess.

   • the effectiveness of risk management, control and governance processes,
   • compliance with statutory, legal and regulatory requirements,
   • the reliability of information across the group.

   Joining a talented team of 5, you will take responsibility for delivering audit services, leading risk assessments, developing audit plans and managing their execution and completion. The role will involve delivering special project services and managing your own client portfolio and relationships across the business groups. The role also offers the opportunity to professionally interact with senior management, whilst keeping abreast of the latest developments in the bank’s environment and business activities of the Business Group.

   For more information see ‘further details’

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9. IT Infrastructure Audit – Greenfield Role

   2011/05/30 7:07 pm Comments Off on IT Infrastructure Audit – Greenfield Role

   £55,000 – £75,000 per annum, London, Permanent

   This is an exciting new role within a newly established IT Audit function of a European Banking group.

   This position presents a superb opportunity to be at the forefront of developing an IT Audit function. You will get the chance to assess all technology risks within the London head office.

   Responsibilities:

   • Perform audits of all systems and data processing functions, including pre and post implementation reviews using a risk-based approach.
   • Perform infrastructure reviews of contingency, access security, program change, network, and data center operations.

   In general: autonomously prepare, conduct and participate in audit reviews on activities and functions in:

   • Draft assignment letter.
   • Build and monitor the audit program.
   • Perform testing.
   • Draft the audit report.
   • Deliver oral conclusions and recommendations supported by comprehensive and value-added written reports.
   • Present the conclusions of the review to operational management during the closing meeting.
   • Contribute to quality and effectiveness with the business by providing pro-active advice supported by practical, balanced and common sense recommendations to issue.

   If you are interested in this position please forward your CV to the above email

10. Regional Head of Fixed Income Audit

    5:52 pm Comments Off on Regional Head of Fixed Income Audit

    £120,000 – £140,000 pa + Bonus + Banking Benefits, London, Permanent

    Our client, a global investment bank, seeks a Senior Audit Manager to take charge of the Fixed Income Audit team. Reporting directly to the Regional Chief Auditor and Audit Committee you will have full responsibility to manage the team and the audit process.

    You will act as the key contact point for the business and take responsibility for the IA planning process and value-added reporting to enhance the control culture within the group. The Head of Audit accordingly manages the day to day relationship between IA and business leaders in the respective FI teams.

    You must have experience of managing, leading and developing audit teams as well as very strong knowledge of Fixed Income/Debt products and trade flows. Excellent interpersonal skills and the ability to build strong relationships is a key in this senior role.

    This is an outstanding opportunity to gain extensive exposure in a senior ‘head of function’ role.