Senior Prudential Audit Manager
About the team:
We are recruiting a Senior Prudential Audit Manager on a 12 month fixed term contract to join our in-house internal audit function within OSB Group. The role will be responsible for delivering independent, objective assurance and consulting activity to the Audit Committee, Board and management on the quality and effectiveness of the Group’s internal control, risk management and governance systems and processes.As part of a high performing team you will support the delivery of the audit plan and related activities in a timely manner to best practice standards, producing value-adding and high-quality internal audit services to help the organisation achieve its objectives.
The role can be based from our London, Wolverhampton or Chatham office with occasional travel between offices, we also operate a hybrid policy.
About Us:
The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.
Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work.This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.
What you will be doing:
As Senior Prudential Audit Manager you will have extensive and wide ranging experience with the ability to interpret internal or external issues whilst recommending solutions.
You will be responsible for:
- Delivering end to end audit activities within Group Internal Audit (GIA).
- Delivering quality risk-based, value adding audits and reviews on a timely basis in line with methodology:
- Independently conduct internal audit assignments.
- Assist with co-ordination and execution on larger, complex or specialist audits including working with co-source where necessary.
- Discuss the findings of audit reviews with management on a constructive basis in order to develop practical, innovative and value-adding solutions to audit issues identified.
- Write clearly, succinctly and correctly in a well-structured and logical way - drafting high quality audit reports that are impactful, balanced and proportionate and address the root cause of issues.
- Applying technical expertise during the end to end audit process.
- Performing follow-up work ensuring management progress actions through to closure, validating they are appropriately resolved with supporting evidence or escalated in a timely manner.
- Developing and maintaining strong business relationships with prudential management and other control groups (Risk, Compliance, Legal).
- Performing business monitoring to ensure that GIA is aware of changes in business activities and objectives, and a necessary audit response is developed.
In return for your commitment:
We offer a base salary up to £90,000 dependent on experience and location and a competitive benefits package including:
- Discretionary annual bonus opportunity of up to 15%.
- 28 days annual leave plus bank holidays.
- Contributory pension (8% employer 5% employee).
Could you be the one?:
We are looking for talented individuals who have the experience and knowledge set out below:
- Business experience or experience in providing assurance over one or more areas of prudential risk e.g. regulatory reporting and/or credit risk.
- Retail banking experience in a similar sized organisation.
- Strong experience of using data analytics to support audit delivery.
- Robust knowledge of risk and controls principles is essential.
- Specialist knowledge of the banking/financial services industry, including UK regulations applicable to prudential risk is essential.
- Strong knowledge of core mortgage, savings and other related products and the risks associated with these.
We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.
What to do next:
If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.
If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!
OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.
As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles.Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.
Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.
All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.