Internal Audit Assistant Manager

BELONG – There’s no place like Principality 

At Principality, belonging isn’t just a value — it’s how we work every day. As a colleague, you’re already part of a supportive and inclusive community where your wellbeing, individuality, and life outside of work are genuinely respected. This internal opportunity is a chance to continue your journey with us, build on your experience, and grow your career within Principality. 

We know that great work happens when people feel connected — to each other, to our purpose, and to the communities we serve. That’s why we focus on balance, invest in wellbeing, and encourage continuous learning and development across the organisation. 

Why consider this opportunity? 

This role offers an opportunity to further develop your skills and make a meaningful contribution within Principality, while continuing to benefit from the culture and ways of working you already know: 

• Flexible hybrid working – Our established hybrid approach supports flexibility while maintaining collaboration. This role includes a minimum of 8 days per month based in our Cardiff office.
• An inclusive and supportive culture – We’re proud to be recognised as one of the Inclusive Top 50 UK Employers (ranked 27th in 2025), reflecting our ongoing commitment to inclusion and belonging for all colleagues. 
• Purpose-led work – Our continued recognition for customer satisfaction, including Double Gold Awards at the Fairer Finance Awards 2025 for Savings and Mortgages, reflects the impact colleagues make every day. 
• Strong colleague engagement – Engagement scores consistently above 85% demonstrate the positive environment we strive to maintain together. 
• Wellbeing support – Our Belong benefits package continues to support your physical, mental, and financial wellbeing throughout your career with us. 

These achievements are built by our people and reflect our shared commitment to supporting one another and delivering for our members. When it comes to belonging, there truly is no place like Principality — and this role is an opportunity to continue growing as part of it. 

We are looking for an Internal Audit Assistant Manager to join our Internal Audit function and support the delivery of high‑quality, risk‑based internal audit reviews across the business.

Working closely with the Internal Audit Manager and the Head of Internal Audit, you will play a key role in protecting the organisation’s assets, reputation and long‑term sustainability. This is a hands‑on role, offering exposure to senior stakeholders and end‑to‑end audit delivery within a regulated financial services environment.

Key Responsibilities

Planning – Digital, Dynamic and Risk‑Led

• Support dynamic risk assessment and audit planning aligned to strategy, regulation and risk profile.
• Draft clear, risk‑focused Terms of Reference, supported by proportionate research and robust scoping discussions.
• Own personal delivery plans, effectively managing time, resources and dependencies to support efficient audit delivery.

Audit Delivery & Reporting – Insight‑Driven Assurance

• Lead end‑to‑end audits, applying the risk‑based Internal Audit methodology with independence, professional curiosity and sound judgement.
• Use data analytics and digital tools, where appropriate, to enhance assurance quality, evidence and efficiency.
• Provide constructive, balanced challenge and agree proportionate, sustainable management actions.
• Produce clear, concise, high‑quality, evidence-based audit reports that are accurate and delivered to agreed timescales.

Governance & Stakeholder Engagement

• Build strong working relationships across the business, including with senior stakeholders, acting as a trusted advisor and constructive challenger.
• Support Audit Committee and Executive reporting, ensuring accuracy, clarity and compliance with governance requirements.
• Maintain accurate audit records and action tracking, monitoring progress and escalating delays where appropriate.

Skills & Experience

Essential

• Internal Audit or Accountancy qualification attained or working towards (e.g. ACCA, ACA, CIMA, CIA); degree‑level education.
• Experience delivering or supporting risk‑based internal audits or independent risk and control assessments, preferably in regulated or financial services environments.
• Proven experience of end‑to‑end audit delivery with clear ownership and accountability.
• Strong understanding of governance, risk management and control frameworks.
• Excellent written and verbal communication skills.
• Ability to manage competing priorities and deliver high‑quality work to agreed deadlines.
• High attention to detail, strong professional judgement and a questioning mindset.
• Confident user of MS Office and digital tools to support audit delivery.

Desirable

• Knowledge and application of Global Internal Audit Standards and IIA expectations.
• Experience working with co‑source or third‑party audit providers.
• Exposure / interest in data‑enabled auditing, including analytics or automation.

If you have any questions in relation to this role, please contact the recruitment team  recruitment@principality.co.uk 

We reserve the right to close this vacancy early should we receive a high volume of applications. 

Link to the role - Principality Careers

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