Bank of Ireland

Audit Manager

Location
Dublin, Ireland
Salary
Unspecified
Posted
24 Feb 2021
Closes
10 Mar 2021
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

Description of Business Unit:

Group Internal Audit (GIA), together with Credit Review, forms the third line of defence for the Bank of Ireland Group.

The Group Finance audit team is responsible for providing independent insight and opinion on the effectiveness of the internal control environment within the Group Finance division. This includes the key processes within Financial Reporting; Commercial Partnering; Regulatory Reporting, Investor Relations and Group Secretariat.

Purpose of the Role:

Working as part of a professional audit team you will assist in providing independent, risk focused assurance that meets the needs of our key stakeholders'. Our stakeholders include the Group Audit Committee, Court Risk Committee, senior management and regulators in Ireland and the UK.

The role provides the unique opportunity to view the Group holistically. You will work closely with stakeholders across all divisions to:

  • Obtain a detailed understanding of the key end-to-end processes including, financial reporting, regulatory reporting, and ICAAP.
  • Develop technical knowledge through interpretation and application of financial reporting standards, regulations and guidelines.
  • Key Accountabilities:

  • Developing and maintaining an in-depth understanding of the key priorities, risks and challenges facing Group Finance.
  • Assisting in the development of the six month rolling audit plan and a continuous monitoring programme.
  • Working effectively and proactively with colleagues in GIA to evaluate internal controls and processes in order to provide objective and challenging risk based assurance.
  • Effectively completing all phases of audit assignments (planning, execution and reporting) in a timely manner and in adherence with GIA's methodology and IIA professional standards.
  • Establishing and maintaining effective relationships with key stakeholders within Group Finance in order to identify current and emerging risks.
  • Reviewing the resolution of audit issues within the agreed timelines.
  • Contributing towards the audit strategies, for example, for ICAAP, loss provisioning and regulatory reporting.
  • Building and maintaining technical knowledge relating to financial and regulatory reporting through regulatory and industry updates and formal training.
  • What is the Opportunity?

    Join our dynamic team that is leading the way in agile auditing. This is a unique opportunity to view the Bank through a holistic lens. You will work closely with stakeholders across the Group to provide 'Independent Insight and Opinion'. Enjoy a culture which is passionate about putting our values into action and Growing In Ambition.

    Essential Skills and Experience:

  • Financial Reporting (IFRS) and / or regulatory reporting experience (e.g. COREP, FinRep).
  • Knowledge of ICAAP.
  • Understanding of the Group's key businesses, priorities and challenges, in addition to the regulatory environment in which the Group operates.
  • Strong verbal and written communication and influencing skills.
  • An ability to challenge management in an open and constructive manner while maintaining effective relationships.
  • Ability to work on own initiative and as part of team.
  • Track record that demonstrates sound judgement, drive, and agility.
  • Proven ability to deliver high quality work within challenging timeframes.
  • Good analytical skills and ability to concisely articulate the required actions.
  • Desirable Qualifications, Skills and Experience:

  • Qualified Accountant (ACA/ ACCA/CPA).
  • Previous internal or external audit experience (preferably Big 4 / Financial Services based).
  • Understanding of risk management practices and design/application and execution of internal controls a distinct advantage
  • Previous experience of working in the Banking sector.
  • IT Skills: Knowledge of Microsoft office (Excel, Word, PowerPoint).
  • Key Competencies

  • Manage Risk - People Manager
  • Customer Focused - Self
  • One Group, one team - Self
  • Accountable - Self
  • Agile - Self
  • Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

    Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.

    Closing date: Mar 09, 2021

    For further information, and to apply, please visit our website via the “Apply” button below.

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