Head of Internal Audit - £130,000

If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.


00223602

PROFILE:

A sought-after accredited (CMIIA, CIA) Internal Auditor and approved SMF5 (FCA & PRA) with 15+ years of experience working nationally and internationally with organisations based in London. Proven track record of delivering full audit plans for multiple stakeholders, including the Board. History in selecting SMEs collaboration efficiently and effectively with exemplary communication skills.

Experience

SKILLS:

  • Approved SMF5 (FCA & PRA)
  • Financial Crime Management
  • Regulatory (CASS, GDPR, SMCR)
  • Operations
  • Risk Management
  • Governance
  • Legal Compliance
  • IT Security

CAREER HISTORY:

July 2024 – November 2024

Financial Services

Head of Internal Audit

  • Carrying out ISO27001 (IT security) preliminary audit work
  • Heading the Internal Audit function at a fin-tech payment provider
  • Responsible for overseeing IA in all European and African bases

September 2021 – March 2024

Banking

Assistant Vice President (AVP) Internal Audit

  • Responsible for the full life cycle of audit work and plan
  • Liaising with auditees and stakeholders
  • Tracking all audit recommendations to completion
  • Carried out following reviews: Debt Management (loans and mortgages), Remuneration, Hybrid Working, Model Risk Management, ICAAP and UK Branches
  • Leading audit-related meetings, presenting findings and recommendations for reviews and investigations

September 2020 - June 2021

Banking

Head of Internal Audit

  • Head of Internal Audit - SMF5 designation
  • Responsible for developing, maintaining and full delivery of the audit plan
  • Responsible for the full life cycle of audit work
  • Delivered the following reviews: SMCR, Treasury and Regulatory Reporting

July 2019 - August 2020

Banking

Head of Internal Audit

  • Head of Internal Audit with SMF5 designation, carried out the following reviews: ICAAP & ILAAP Governance, SMCR, Financial Crime: AML, GDPR, Governance Culture and IT General Controls
  • Participating and presenting at Senior Manager and Board-level committees
  • Developing a risk-based Internal Audit plan
  • Upkeep and ownership of the Internal Audit Charter and Manual
  • Responsible for selecting Subject Matter Experts to assist with reviews

February 2019 - July 2019

Financial Services

Internal Audit Manager

  • Heading the department of a cross boarder payments provider
  • Setting-up the Internal Audit department for a Fin-Tech business
  • Developing a risk-based annual audit plan for Board approval
  • Creating all Internal Audit Policies and Procedures
  • Carrying out audit work from scoping to finalising of reports in-line with the Internal Audit methodology (end-to-end reviews)
  • Leading meetings, presenting findings and recommendations for reviews and investigations
  • Recording and monitoring (and follow-up) all audit recommendations
  • Working with departments in a number of countries
  • Carried out the following reviews: Treasury Limit Management, Compliance Transaction Monitoring and Finance Fixed Asset Management

October 2017 - February 2019

Banking

Internal Audit Manager

  • Delivering Internal Audit reviews as per the annual audit plan
  • Engaging with all staff within the Bank, including Senior and Executive level
  • Carrying out audit work from scoping to finalising of reports
  • Led the following reviews: CASS, GDPR and SMCR
  • Managing Subject Matter Experts (PWC) for individual reviews
  • Working as part of an experienced and established team within the Bank
  • Identifying risks and controls to inform audit test strategies
  • Confirming recommendations with management to address audit findings

June 2013 - October 2017

Banking

Internal Auditor

  • Delivering Internal Audit reviews as per the annual audit plan
  • Managing junior members of the team, including in-house and co-sourced
  • Acting as interim Head of Internal Audit for a period, including the following:
  • Attending and reporting at weekly EXCO
  • Attending ALCO, Security Committee, and IT Steering Committee
  • Reporting to and presenting at quarterly Board Audit and Compliance Committees
  • Developing and presenting the Internal Audit Manual to the audit committee for approval
  • Facilitating risk workshops, with the Risk Function
  • Maintaining all audit-related documentation and files

July 2006 - June 2013

Aviation Sector

Internal Auditor

  • Working with social funding, including contracts with Department of Work and Pensions and the European Social Fund
  • Presenting findings to management
  • Liaising with different departments to help improve efficiencies in audit work
  • Monthly input into Board reports

EDUCATION:

  • Chartered Institute of Internal Auditors Advanced Diploma (CMIIA) – Chartered Internal Audit
  • Chartered Institute of Internal Auditors, global (CIA)
  • Chartered Institute of Internal Auditors Diploma (PIIA)
  • BSc (hons) Business Information Technology 2:1

References Available Upon Request

If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.

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