Principal Auditor - Market Conduct Remediation

Details of the role and how it fits into the team

The Group Audit (GA) function is a professional, business focused, proactive risk-based global audit team that operates with transparency, integrity and independence, and assists the Bank’s business and infrastructure areas to identify key control weaknesses.

GA is seeking a Principal Auditor (PA) to join its Market Conduct Remediation audit team to help drive audit delivery / validation and regulatory remediation. You will report directly to the Principal Audit Manager (PAM) – Market Conduct Remediation.

Responsibilities

• Support the PAM in planning, executing and reporting the results of finding validation and Market Conduct Remediation related risks and controls.
• Undertake audit assignments, draft validation, and findings for review by audit management, facilitates tracking of findings and validates closure of findings; executes day-to-day operational audit work and contributes to the delivery of audits.
• Undertakes all aspects of audit / validation fieldwork (including regulatory remediation) in line with the agreed approach including identification of key risks, documentation of process flows and key controls, testing controls are designed and operating effectively and correctly documenting audit / validation work.
• Partners with other audit teams globally to ensure comprehensive audit validation delivery and regulatory remediation.
• Proactively develops and maintains professional working relationships; communicates openly with management and internal stakeholders, keeping them informed of potential issues and escalates problems/delays promptly.

Skills

• Knowledge and experience of Internal Audit, ideally gained from within Financial services particularly Investment Banking products.
• Experience and knowledge of the operational requirements and regulatory environment of a Global Bank; experience in the coverage of Market Conduct Remediation related risks and controls would be beneficial.
• Profound knowledge of auditing standards and concepts (i.e., design assessment, audit testing/sampling and operating effectiveness testing); financial, numerical competence and an analytical mindset; the ability to demonstrate the meeting of client needs in a work environment.
• Excellent team working capabilities and an ability to build strong business and team relationships, proven communication and presentation skills; both written and verbal.
• Ability to work in virtual, global teams in a matrix organisation, transfer knowledge and develop capability of team members.

Well-being & Benefits

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

• Emotionally and mentally balanced: We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health. Benefit from initiatives such as counseling and support in difficult life situations and a culture where you can openly speak about mental health.
• Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing a workplace that helps you thrive. For example, discount in gyms, annual medical check up's, standing desks, ...
• Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self confidence and well being. Benefits vary from different types of paid and unpaid leave, hybrid model of remote working (for some positions …)
• Financially secure: We support you to meet personal financial goals during your active career and for the future. Benefit from meal allowance, pension contribution plans, banking services for employees, flex compensation program...

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.