Senior Internal Audit Manager
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Position Overview & Specifications
Location: London/Sheffield
Contract: Permanent
Hours: Full Time 37.5 hours per week/Flexible Days and/or Hours (Mon-Fri)
Salary: Between £50,000 - £71,250 Depending upon experience and location
Benefits package:
30 days annual leave plus bank holidays, opportunity to buy and sell holiday
15% employer pension contribution, performance related bonus
Flexible working, cycle to work scheme, healthcare cash plan and life assurance
Paid voluntary day, maternity adoption, and shared parental leave
Voluntary benefits designed to suit your lifestyle - from discounts on retail and socialising, to health & wellbeing, travel, and technology...and plenty more
THE ROLE
You will be responsible for managing and performing operational and financial internal audits, working closely with the rest of the audit team, including coaching and training for junior team members. As a Senior Manager within the team, you will manage a portfolio of audits, working with the wider team to deliver the annual audit plan. You will lead audit teams and perform the planning for individual audits, define audit objectives, scope, timing and resource allocations.
During audit fieldwork, you will be responsible for developing the work programmes to achieve the audit engagement objectives. You will be performing and leading the team through delivery of the work programmes and completing quality reviews of working papers to ensure documentation is sufficient reliable and relevant to support the audit results.
You will lead effective engagement with senior stakeholders throughout audit engagements, to support a ‘no surprises’ approach throughout audit delivery. You will lead stakeholder meetings, communicating audit results, demonstrating strong communication skills when explaining complex audit findings in a way that’s easily understood and logical, avoiding unnecessary technical language. You will be responsible for preparing the overall audit report, to provide timely, constructive, clear and concise written conclusion of the overall audit engagement.
You will gain exposure to the wider business through attending Steering Committees to represent Internal Audit as well as maintaining a network of stakeholders within the business to help inform the Internal Audit Plan.
Additionally, you will support with Internal Audit operational activities such as committee reporting, action tracking and continuous improvement projects for Internal Audit processes.
You will need to have significant experience in an audit role, with knowledge and experience covering an audit process from start to finish, knowledge of relevant international standards and quality benchmarks governing internal audit practice, including internal audit code of ethics. Experience in IT auditing and data analytics would be preferrable.
Experience in banking or other areas of financial services would be beneficial but not essential.
Click here to view the full job description.
ABOUT US
The British Business Bank is a unique and exciting institution. Its mission is to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses.
Established in 2014, it is a 100% government-owned economic development bank but independently managed.
To deliver its programmes, the Bank works through more than 200 delivery partners such as high street, digital, specialist and challenger banks, venture capital and private debt funds and fintech platforms.
Currently, we employ around 550 people, split between offices in Sheffield and London.
Please note all candidates applying for this role should have the right to work in the U.K.
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
United Kingdom Right to Work & Skilled Worker Visa Guide
Employment in the United Kingdom requires legal Right to Work verified under the Home Office Points-Based Immigration System:
Sponsoring employers must hold an active Home Office A-rated Sponsor License and assign a valid Certificate of Sponsorship (CoS). Role must meet the general minimum salary threshold (£38,700) or occupation going rate.
Continuous employment under Skilled Worker status establishes eligibility for Indefinite Leave to Remain (ILR) after 5 continuous years, leading to British Citizenship.
Candidate Preparation Blueprint: Banking & Lending
Based on transatlantic hiring benchmarks for Senior Internal Audit Manager roles across British Business Bank's corporate sector, successful applicants typically excel across three core dimensions:
Demonstrated portfolio evidence, architecture/system design case studies, or validated professional certifications directly applicable to Banking & Lending.
STAR method competency responses highlighting cross-functional leadership, conflict resolution, and delivering measurable enterprise ROI under tight timelines.
Total compensation expectation aligned within the benchmarked £50,000 - £71,250 bracket, including retirement vesting and health parity.
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