Director, Internal Audit - Intercontinental Exchange

Job Purpose

The ICE Internal Audit Group is a global function with more than 80 staff across the US, UK and India. The London team provides independent, reliable and timely assurance over the control environment across nine entities in London, Amsterdam, Singapore and Abu Dhabi, spanning clearing houses, exchanges, a trade repository and a benchmark administrator.

The Director, Internal Audit is a senior leadership role responsible for delivery of the EMEA Internal Audit mandate across the nine-entity remit. The role is accountable for the risk based audit plan, audit delivery oversight, quality, methodology uplift, people leadership and operating model resilience across the function. The role requires a senior assurance leader who can think like a risk architect, test like a scientist, report like a board advisor and lead like a coach.

Key Interfaces

• Head of EMEA Internal Audit
• Group Chief Audit Executive
• IA leadership team
• Global IT Audit
• Audit Committee/Risk Committee secretariats
• Entity COOs and CROs
• Operations, Compliance, Legal, Finance, Technology
• External assurance/regulatory liaison teams as appropriate

Audit Mandate Delivery

Own the risk based EMEA Internal Audit plan process, including development, refresh, prioritisation, sequencing and delivery oversight across clearing, trading venues, regulated utilities and cross entity horizontal audits.

Ensure audit coverage remains risk based, timely, evidence led and aligned to the Internal Audit Charter, professional standards, entity risk profiles and committee expectations.

Maintain active visibility over portfolio delivery status, emerging risks, resourcing, material findings and remediation themes across the full EMEA mandate.

Portfolio Oversight and Technical Challenge

Provide senior oversight and challenge across audit portfolios, including engagement scope, testing strategy, evidence sufficiency, issue grading, root cause analysis, report narratives and audit plan implications.

Act as the directly accountable leader for the Clearing franchise, bringing technical depth to complex CCP, risk management and regulatory sensitive engagements, while ensuring the wider EMEA mandate is delivered through coordinated support from the managers.

Promote consistency of sign off standards across portfolio owners through thorough review of audit deliverables.

Governance Engagement

Support preparation of committee materials, including concise updates on audit plan status, findings, validation, watchlist themes, emerging risks and material matters requiring governance attention.

Maintain the discipline of no surprises by escalating High/Critical findings, regulatory sensitive issues, cross entity findings and recurring remediation weaknesses promptly and clearly.

People Leadership and Team Resilience

Lead the London team framework below Head level, including appraisal calibration, development planning, hiring below Director level and promotion recommendations for Senior Auditor, Lead Auditor and Manager grades.

Coach Senior Managers, Managers, Lead Auditors and staff on scoping, evidence, sampling, root cause analysis, report writing, stakeholder management and committee ready messaging.

Build succession depth and resilience through cross portfolio deployment, cross training, documented handovers and a visible career pathway.

Operating Model Uplift

Support delivery of internal activities related to methodology refinement and engagement level quality sampling, ensuring workpapers, reports and sign off decisions can withstand management, committee and other stakeholders.

Drive practical improvements to ways of working, including integrated audit scoping, reusable playbooks, sharper reporting, data led testing and stronger linkage between business and technology controls.

Consolidate inputs, risk assessments, entity priorities, regulatory themes, horizontal audit candidates and cross entity thematic papers into a coherent annual planning recommendation for Head and committee approval.

Champion the responsible adoption of analytics, automation and AI enabled techniques in audit planning, testing and reporting, ensuring efficiency gains are matched by appropriate governance, human oversight and evidential quality.

Responsibilities

Own the risk based audit plan: Lead the development, refresh and delivery oversight of the EMEA risk based audit plan, ensuring coverage is calibrated to entity risk, regulatory expectations, committee priorities, cyclical coverage principles and available audit capacity.

Primary oversight of clearing franchise audit delivery: delivery oversight, with personal involvement in material, technical or regulatory sensitive CCP engagements, including direct interaction with senior clearing management.

Deliver the wider mandate through portfolio owners: Oversee delivery across trading venues, regulated utilities and cross entity horizontal audits through the Managers as delivery leads, while retaining mand