Contractor - Markets Internal Auditor - £600 per day

Gresham Hunt are currently growing it's consulting division and are supporting a Global Banking Group in sourcing for their Capital Markets Audit team.

Primary Responsibilities

The Auditor's responsibilities include but are not limited to:

• Identify and assess areas of critical and high risks and evaluate the soundness of their controls as part of audits, continuous monitoring and closure verification work in order to formulate a point of view of the control environment
• Drive discussions and asks probing questions to further dialogue with senior business stakeholders to understand risk drivers, control state, and impact
• Plan and execute audits, continuous monitoring and closure verification work on sales, trading and support groups on time and within budgets. Provide guidance to junior staff as needed.
• Proactively monitors and address key metrics associated with audit plans, resources and issues and actions.

Skills required

• Good understanding of the operation of financial markets, financial instruments and strategies
• Good understanding of fixed-income and commodity products including but not limited to interest rates cash and derivatives, foreign exchange options, municipal securities, investment grade, high-yield bonds, securitized products and various commodities products such as power, gas, oil, and metals.
• Demonstrates critical thinking by gathering and synthesizing information to form a basis for analysis and formulate a viewpoint
• Communicates with impact, able to state risk and issues concisely and articulates impact in a structured manner both written and verbally
• Applies knowledge of key regulations to influence audit work and understands the impact to the business line
• Ability to work independently and with a team on assignments, while multi-tasking and meeting deadlines

Skills desired

• 8+ years audit experience, primarily in financial markets
• Good understanding of key financial industry regulations and capital market related products in both fixed income and equities.
• Good understanding of impact of counterparty risk associated with derivative transactions.
• Preferably CPA, CIA or other accounting qualification
• Preferably CFA, FRM or other financial/risk qualification