Job Senior Auditor - 12 Month Contract

Senior Auditor - 12 Month Contract Job id: 38696935
Location: Bristol, Avon
Salary: 41000
Company:AXA
Job type: Permanent
Date posted: 04/06/2008 09:22


Description: BackgroundTo conduct assigned internal audit reviews within the AXAUK Group businesses in order to provide assurance on the adequacy, appropriateness and effectiveness of the internal control environment and risk management framework. The role1. Lead the planning of Internal Audit Reviews • Engage with business to gain clear understanding of the control environment under review and any concerns they may have • Develop audit scope and objectives for each review • Clearance of audit scope and objectives with management • Gain understanding of business and technical environment to enable identification of key risks to be reviewed during each review • Developing detailed fieldwork plans and time budgets for each review 2. Lead the execution of Internal Audit Reviews • Perform audit fieldwork to assess the adequacy of control environments, risk management, control activities, information and communication, and monitoring in the areas under review • Document fieldwork results and conclusions • Identify emerging issues for consideration in reporting • Flag potentially serious issues to audit and business management as they emerge • Conduct close out meeting with management to agree audit findings 3. Reporting Internal Audit Reviews • Drafting audit reports for review by audit and business management • Agree management action plans and target dates • Ensure all reported issues are evidenced in audit documentation 4. Monitoring Management Action Plans • Monitor progress of assigned management actions plans resulting from audit reviews • Liaise with management to agree status of management action plans and update GIA action tracking database accordingly • Where appropriate, contribute updates on management actions to GIA monthly report to Executive Management   5. Manage Business Relationships • Identify, build and maintain relationships with appropriate members of the business within assigned relationship management areas • Use these relationships to provide early warning of potential control or risk management issues and identify areas for inclusion in the annual audit plan and individual audits. • Use these relationships to keep the business informed of GIA activity and to promote GIA’s role and profile • Use these relationships to influence improvement in risk management and control in business processes, projects and change management 6. Develop and Maintain Strong Business Understanding • Develop and maintain a good awareness and understanding of key business, finance, regulatory and IT activities and risks • Develop and maintain an awareness of significant developments within the financial services industry • Use this understanding to influence the annual audit planning process. 7. Internal Audit Standards and Best Practice • Develop and maintain strong understanding of GIA process and procedures and apply these in the execution of audit reviews. • Develop and maintain good understanding of internal audit standards and best practice • Develop and own a personal development plan to support the above. • Develop clear understanding of GIA KPIs and metrics and achieve these in the execution of audit reviews. • Take a proactive role in the support and continual improvement of the audit team Skills, knowledge and behaviourEssential: • Experience in insurance business environment or within an audit, control or risk management function • Very good oral/written communication, planning, project management, analytical, networking and influencing skills • Very good stakeholder management and relationship building skills Desirable: • Experience in insurance business environment and experience of working in an audit, control or risk management function • Degree and / or relevant professional qualification and/or significant relevant audit, risk management, control or financial services qualification What will you get from this role?• The job holder has substantial interaction with line management and senior business management, supporting, challenging and influencing business decisions. Effective interaction of this nature requires strong verbal and written communication skills, credibility and business acumen and the potential to develop these further. • As part of a multi-disciplined and multi-location team of over 20 Audit professionals, the job holder is accountable for taking high levels of personal responsibility, proactivity, and independent judgement in delivering commitments to the business. Excellent and flexible team work with fellow senior auditors is an absolute requirement of the job. Additional InformationGroup Internal Audit is a key function in the business, providing independent assurance as to the adequacy of the firms systems and controls to manage risk effectively. This is a substantial responsibility and the jobholder is a member of the team ultimately controlled by the Director of Group Internal Audit who is approved by the FSA. Approved Person status carries a great deal of personal and functional responsibility and whilst the jobholder is not an approved person, s/he would be expected to maintain the standards expected of an approved person. The role demands a wide technical knowledge of the business, both in terms of understanding and evaluating business arrangements and in influencing the business managers to enhance those arrangements. This technical knowledge spans several aspects of the business including sales & marketing, actuarial, customer service, regulation, IT and financial control and reporting requirements. The job requires the ability to handle all reviews conducted by GIA including the most technically and organisationally complex areas.      


Contact: unspecified
Reference: job/AXAUK1570