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Internal Audit Manager, UK

Silicon Valley Bank
London, United Kingdom
Closing date
Feb 1, 2023

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Job Description:

About You

We're looking for an individual who enjoys leading teams and taking responsibility for delivering high quality audit reviews, and someone who wants to develop their career in audit: commercially minded; positive and energetic, with a collaborative mindset.

The Role

You'll be joining a new Audit team being set up at SVB UK, collaborating with colleagues to deliver your portfolio of audits and developing the function, specifically:
  • Working closely with the business, to ensure that they are aware of, and are managing risk appropriately
  • Managing audit services and leading on the delivery of a portfolio of audits, working with internal colleagues and co-source suppliers
  • Contributing to the timely and accurate identification of audit matters, reporting outcomes to Management and the Board(s) Audit Committees
  • Proven technical experience in auditing in commercial banking and experience of agile, value-driven change methods will be an advantage.
Your Skills

You will have the following skills and attributes:
  • Excellent communication skills, including confidence to communicate with management, you must be an articulate and effective communicator, both orally and in writing, with an energetic and clear style
  • Strong interpersonal skills for interfacing with colleagues in Audit and Risk organizations, experience in building and maintaining strong open relationships with stakeholders, and exerting influence in a constructive manner.
  • Excellent day-to-day and strategic management skills, ability to multitask and deliver against multiple competing priorities with care and real attention to detail
  • You thrive in complex, demanding environments and can navigate organisational complexity, quickly comprehend complex issues, escalate appropriately and achieve pragmatic solutions
  • You have an advanced understanding of risk management and control frameworks obtained through proven progressive experience in financial organisations
Your Responsibilities
The following responsibilities are key to this role:
  • Prepare internal audit schedules and comprehensive audit programmes
  • Manage audits for selected companies and across the Group from planning, through fieldwork to final reporting
  • Provide accurate reporting for the Audit Committee(s), in line with the governance model requirements
  • Identify control development needs and discuss these audit findings with Management, proposing and agreeing appropriate remedial actions
  • Promote the adoption of the best practice in internal control systems
  • Work as part of a team of auditors to provide timely and complete assurance over the end-to-end Risk framework. Involved in planning of audit coverage, business monitoring and delivery of high quality, value-added audits in accordance with IA audit methodology.
  • As part of the team, manage IA's relationship with multiple internal and external stakeholders, including senior risk managers and government regulators.
  • Help to sustain a highly functioning audit team by attracting, developing and motivating talent with required Audit and Risk expertise. Promote personal growth, learning and development
  • Possess, through direct hands-on experience, a strong understanding of both Audit and Risk; maintains an understanding of key relevant regulations, current business practices and industry trends.
  • Actively support and drive the Internal Audit initiatives and IA's efforts to have a strong IA function.
  • Promote knowledge sharing and innovation; promulgates best practices across Internal Audit and Risk.
Your Experience

We expect that you have the following attributes and skills which you can demonstrate from your career experience to date:
  • Internal audit experience including at managerial level
  • Sound knowledge of risk management and audit principles and an understanding of audit philosophy, methods and techniques
  • Ability to audit and understand the management of risks, processes and controls across a broad range of commercial banking services
  • Sound understanding of code of ethics and international standards for professional practice of internal audit
  • Excellent analytical and communication skills
  • Organisational skills to drive the planning and delivery of a suite of audits of varying complexity across the audit universe, ensuring they are high quality and in line with our audit methodology
  • Work as part of a high performing team, providing performance feedback, career guidance and coaching to help staff be their best and deliver efficiently to the highest professional standards.
  • Tenacity, resilience, positivity, integrity, and bravery in your approach, overcoming any barriers that arise, with confidence
  • Educated to a university degree level or higher, preferably in a financial or a quantitative discipline; relevant certifications (CFA, FRM, CIA or similar) are a plus
  • Professional qualification from a recognised institution are desirable - ACA, ACCA, CIMA, PIIA, CMIIA or equivalent
© 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB ).

Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Silicon Valley Bank UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

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