Head of Prudential Risk Audit
Posted 15 days 1 hour ago by Michael Page (UK)
Permanent
Full Time
Other
England, United Kingdom
Job Description
Overview 
- Brilliant opportunity to lead Internal Audit across Prudential Risk
- Supporting the Head of Internal Audit and Head of Business Audit.
Leading Digital Banking Group- based in London
Fast growing Fin-tech firm who are building out their Audit team and currently hiring a Head of Prudential Risk Audit.
Job DescriptionHead of Prudential Risk Audit will:
- Develop and execute the internal audit plan for prudential risks, ensuring alignment with regulatory requirements.
- Review and assess the organisation's risk management frameworks and internal controls.
- Provide independent assurance on the effectiveness of prudential risk management practices.
- Collaborate with senior leadership to address identified risks and implement corrective measures.
- Prepare detailed audit reports and present findings to key stakeholders.
- Monitor changes in regulatory standards and ensure compliance within the organisation.
- Mentor and guide the audit team to build expertise in prudential risk audits.
- Engage with external auditors and regulatory bodies as required.
A successful Head of Prudential Risk Audit should have:
- Ideally around 10+ years of experience within internal or external audit within a professional services or financial Institution regulated by the PRA and FCA within 1LOD, 2LOD or 3LOD Internal Audit function
- Experience in delivering audits across a broad range of Prudential, Financial Risk and Regulatory audit experience ideally within another Financial Institution regulated by the PRA and FCA is essential
- Relationship management and influencing skills with colleagues
- The ability to challenge in a positive manner and to articulate balanced opinions
- Ability to juggle multiple priorities and overcome challenges while working within timelines
- Self-starter and can-do approach with a level of flexibility to adapt to work in a fast-paced and highly regulated environment
- Able to work collaboratively in a team environment and confident with agile ways of working
- Excellent attention to detail and highly organised
- The desire and drive to learn, develop and create a positive impact as part of a growing internal audit function
- Strong communication skills and the ability to work effectively as part of a team
- Strong technical understanding of the workings of Finance, Tax and Treasury within the banking industry is essential
- Relevant degree (e.g. Business, Accounting or Finance) and a professional certification or industry accreditation (e.g. ACA, ACCA, CPA, CIA)
- A good understanding of the 2025 Institute of Internal Auditors (IIA) standards and Chartered Institute of Internal Auditors (CIIA) Internal Audit Code of Practice
- Experience with audit software and data analytics for internal audit functions is preferred but not essential
- A competitive salary of approximately £125,000
- Benefits package
This is an excellent opportunity for a motivated individual to make a significant impact. Apply now to join a forward-thinking team in a rewarding Head of Prudential Risk Audit role