PROFESSIONAL SERVICES RECRUITMENT - The best appointment you'll make

Internal Audit Manager - Counterparty Credit Risk - Edinburgh

£51,000 - £70,000 - Financial Services - Accountancy & Finance
Ref: 1929 Date Posted: Tuesday 10 May 2022
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We are working with an established retail bank to help source an Audit Manager in Counterparty Credit Risk. Role offers flexible working with the option to work from home for the majority of the time.

This role will be accountable for providing independent engagement assurance by leading the engagement team specific to Counterparty Credit Risk.

This is an excellent opportunity for an individual with expert knowledge of auditing to advance their career in an organisation with an inclusive culture that supports development.

Key Responsibilities:

  • Delivering audit engagements and driving assurance for regular and complex engagements
  • Leveraging Internal Audit’s industry leading audit methodology and tools
  • Ensuring compliance with global methodology within engagements and accurately keeping the audit management tool up to date
  • Managing key stakeholders throughout audit engagements, ensuring a good understanding of business risks and an open and effective discussion on key risks
  • Building on an excellent Internal Audit position and influencing the evolution of our control framework

Required Skills & Abilities:

  • Experienced internal auditor or someone with a strong background in risk management principles / monitoring and testing effective controls
  • Knowledge and experience of Counterparty Credit Risk
  • Successfully delivered projects – audit or otherwise – while keeping a firm hand on budget, time and quality
  • Experience involving key exposure measures, knowledge of the Internal model method (IMM) and IMM Back testing and CVA Capital charge advantageous
  • Knowledge and experience of prudential risk and capital management
  • A good understanding of the Capital Requirements Regulation and other key regulatory requirements relating to risk and capital management and the use of risk models
  • Strong interpersonal and communication skills
  • Broad understanding of modelled and non-modelled approach to calculating the capital requirements
  • Broad understanding of Traded and Non Traded Market Risk under CRR and FRTB and modelled and non-modelled approach to calculating the capital requirements