Interim Head of Audit - Transformation & Data

Recruiter
LLOYDS BANK PLC
Location
London, London, United Kingdom
Salary
Competitive
Posted
19 Nov 2020
Closes
06 Dec 2020
Ref
043565
Job role
Accountant
Sector
Banking and financial services, Digital
Experience level
Director
Grade

G

We support agile working - click here for more information on agile working options.

Agile Working Options
Other Agile Working Arrangements / Open to Discussion

Job Description Summary
Lead the development and implementation of the audit response to support the Group's embedding of its future Data and Design model through deep business insights and understanding of key risks relevant to business strategy, management of a team, and influence on the effectiveness of the overall control environment by providing professional, independent and outcome focussed assurance.

Job Description
  • Contribute to strategic direction of the Group Audit (GA) function; ensuring objectives and priorities are well understood and communicated.
  • Responsible for the end to end delivery and quality of all audit work within their team (overseeing audits and managing stakeholder relationships). Ensuring that the outcomes are relevant and outcome focused. Responsible for the allocation and the management of the appropriate resource to deliver timely audits of high quality and for ensuring that the relevant Interlock /Secondary Audit Directors(AD) are engaged appropriately and in a timely fashion.
  • Responsible for the review and challenge of audit work delivered by the Engagement Lead / audit teams and approval of the relevant stages of the audit cycle (first sign-off of APM and AAM, approves: planning stage, process, risk and control to be tested, confirmation of robust delivery design and operational effectiveness assessment, reporting) and for seeking AD approval for relevant stage of the cycle.
  • Identifying and highlighting any thematic issues / risks identified across LBG.
  • Holding senior stakeholders meetings and reviewing information to understand business strategy, objectives and critical processes to ensure that audit work continues to focus on areas of higher risk and identify any emerging risks.
  • Demonstrate leadership within GA, making a tangible contribution to continuous improvement, colleague engagement / wellbeing, inclusivity and working with agility.
  • Build a high performing team by role modelling behaviours, developing talent and colleagues through setting stretching objectives, agreeing and monitoring development plans differentiating performance by providing feedback and coaching whilst demonstrating and embedding LBG Group Values. This responsibility for staff management cannot be delegated.
  • Champion the LBG culture, vision and values through visible leadership and by example, demonstrating the behaviours consistent with the Group's Codes of Responsibility.
  • Contribute to the build and maintenance of the risk based Audit Universe, demonstrating a strong understanding of inherent and residual risks across the risk taxonomy. Support the ADs in the development of the bottom-up and top-down annual audit plan (and refresh as necessary) ensuring that all mandatory/ regulatory audit requirements (under the responsibility of "their" AD) have been identified and incorporated in the audit plan.
  • Collaborate with Audit colleagues across business and risk facing disciplines to understand Group strategy, risk appetite and objectives, joining the dots to ensure that GA develops and delivers a compelling audit plan.
  • Influence senior stakeholders to embed risk management and controls into strategic decision making. Build credible and powerful relationships with senior stakeholders, demonstrating robust judgement, professional scepticism, insight and thought leadership.
  • Proactively build and maintain external (outside LBG) and internal networks for the purpose of commercial awareness, satisfying external audit requirements and identifying best practice.
  • Apply and champion the Group Audit methodology and standards, providing timely recommendations on methodology and process improvements and deliver high quality audit papers and files.
  • Identify and report Audit Findings and ensure agreed management actions address the root cause of the issues noted, making connections to improve control environment.
  • Oversee and recommend closure of Findings to Audit Directors ensuring that appropriate and credible evidence is obtained prior to closure and that any 'at risk' Findings and actions are escalated promptly to relevant stakeholders.


Primary Location
London 25 Gresham Street

Additional Locations
Bristol Harbourside, Edinburgh 3 Earl Grey Street, Halifax Trinity Road, Leeds Lovell Park

End Date
Thursday 03 December 2020

Our continued commitment to helping Britain prosper means that as a colleague you can make a difference to customers, businesses and communities.

Together we have a key role to play in shaping the bank of the future, whilst the scale and reach of our Group means you'll continue to have opportunities to learn, grown and develop.

We're focused on creating a values-led culture, and our approach to inclusion and diversity means that we all have the opportunity to make a real difference, together.

As part of the Group's commitments as a result of ring-fencing legislation, colleagues based in the Islands are required to be exclusively dedicated to the non-ring-fenced bank and its subsidiaries. This means that colleagues who are based in the Islands would not be able to undertake roles for the Ring Fenced Bank from their existing location and would need to consider relocation when applying for roles.

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