Audit Cross-Function Assistant Vice President

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We’re looking for a Assistant Audit Manager for our Internal Audit Department to join our team. 

This role exists to support the delivery an independent view and assurance over the control environment in operation in SMBC Bank EU AG (SMBC EU) and SMBC Nikko Bank (Luxembourg) S.A. (SNBL). It undertakes audit testing across a range of activities to support the delivery of audit opinions. This role is responsible for undertaking a range of review and testing, including highlighting key areas of risk, assessing established and new controls in operation over a range of activities in any business in SMBC EU and SNBL. While the Assistant Audit Manager has no direct line reports, s/he is responsible for delivery of his /her testing within the timeframes set out at the planning stage, and if assigned an AiC role will be responsible for the delivery of the audit assignment, under the direction from a Head of Audit /Audit Partner. This will include review of the work performed by team members if any.

The Assistant Audit Manager is primarily accountable and responsible for the timely delivery of internal audit fieldwork. This includes:

• Preparing internal audit working papers in accordance with the Policies and Procedures of Audit Department as documented with the Audit Manual.
• Documenting sampling methodology within the working papers and performing testing of the key controls identified.
• Preparing draft Audit Control Recommendations for review by the Auditor in Charge (AiC).
• Responding to working paper review points raised by the Auditor in Charge, and when acting as AiC to be responsible for preparation of audit planning documentation, drafting audit findings, preparing the final internal audit report and undertaking follow-up and closure of internal audit recommendations.

The Assistant Audit Manager will also be expected to contribute to EMEA Audit Department initiatives and work collaboratively across EMEA.

Assistant Audit Manager will need to be:

• Educated to degree standard and holder of a professional qualification, (usually CIA, ACCA, etc.) with strong numerical and financial skills and understanding of the regulatory environment.
• The ability to clearly communicate to Management both verbally and in writing audit.
• The role holder needs to have some operational knowledge in some aspects of the Bank to enable them to identify control weaknesses and advice on best practice/ process improvements. A clear understanding of the risk and internal control environment relevant to the business being audited.

Position Description

While the Assistant Audit Manager has no direct line reports, s/he is responsible for delivery of his /her testing within the timeframes set out at the planning stage, and if assigned an AiC role will be responsible for the delivery of the audit assignment, under the direction from a Head of Audit /Audit Partner. This will include review of the work performed by team members if any. The Assistant Audit Manager can be assigned the role as AiC in any of the business for which IAD has internal audit responsibility. There is no monetary budget, but time budgets for the completion of each audit are established and the AVP is expected to deliver the completed audit within the budgeted timeframe.

Business Area

IAD is responsible for the delivery of around 20 - 25 internal audit reports per year in SMBC EU and SNBL. Due to the nature of each business and the three-year audit cycle, this role will support a number of audit assignments which can vary from year to year. On average an Assistant Audit Manager would contribute to 8 – 15 audits. On an occasional basis an Assistant Audit Manager may take on the role of Auditor in Charge (AiC) for small assignments.

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  
• Access a wide range of learning and development opportunities and career progression opportunities 
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!