Head of Internal Audit

BELONG. There’s no place like Principality.

Our home is your home. So, when you decide to join the team, we’ll go further to bring you the warmest of welcomes. From a friendly and inviting environment to a flexible benefit package designed around you – when it comes to belonging, there really is no place like Principality. We keep it flexible wherever possible; we encourage you to look after yourself; we do our bit in the communities we serve and support you in doing the same, and we promise to get better together.

Some reasons you may want to consider working with us; we have an award-winning flexible/hybrid working policy, we’re a 2022 winner of UK Best Large Workplaces for Women, we have a newly refurbished hi-tech office in the centre of Cardiff designed around colleague feedback, we ranked number 6 for wellbeing in 2022,  we have an extensive financial and well-being benefits package ‘’Belong’’ designed to put our people first, we have consistent colleague engagement scores of over 85% and a caring community of supportive Networks. But that’s not all, discover why there’s really no place like Principality; https://www.principality.co.uk/careers

We have an exciting opportunity for a Head of Internal Audit who will have responsibility for the execution of a risk based Internal Audit Plan, and in doing so, provide assurance over the effectiveness of Principality Building Society governance, risk management and control frameworks to business stakeholders.

This is a role that offers exposure to departments across the organisation with a diverse range of requirements. The role-holder will need to have good stakeholder management and communication skills, be self-motivated and comfortable taking ownership investigating problems and solutions.

Key Objectives:

• Support the CIA (Chief Internal Auditor) in the design, management and execution of the Internal Audit Plan, through performing Quality review and assessment members of the Internal Audit.
• Management of the Co-Source resources and delivery with the aim to ensure that the information presented and reported is in line with best practice and IA quality standards
• Deputise for the CIA, both in relation to the execution of Internal Audit activity, but also within any governance / committee meetings.
• Actively manages key stakeholders to understand potential upcoming risks, ongoing assurances etc in order to input into the Internal Audit and Planning processes and procedures.
• Fully understand and leverage experience to work effectively with the second line of defence in providing risk management frameworks, assurance and compliance activity.
• Demonstrate a strong commitment to maintaining and increasing knowledge and independence through continuous professional development and maintain a record for annual confirmation that this is and has been maintained.

Responsibilities:

• Maintain independence and manage conflicts
• Quality review, coach and developing other team members (in-house or co-source).
• Support the CIA in the setting of the strategy for inputs into functional strategy.
• Proactive in developing ideas and encourages others to highlight areas of development in order to improve quality and efficiency in their own work areas.

Skills:

• Knowledge and experience in the execution, quality review and reporting of Internal Audit (IA) activity (such as IA reviews) to a high standard.
• Excellent stakeholder management at a variety of levels including senior management & Exec
• Has an extensive knowledge of risk-based Internal Audit techniques, including those relating to project management, risk management and governance.
• A working knowledge of risk-based Internal Audit techniques, including those relating to Data & Analytics, etc.

 *The successful applicant will have operated at a Senior Manager level within an Internal Audit function and have the ambition / appetite to excel in the role and to be a CIA within short number of years.*

If you have any questions, please get in contact by emailing recruitment@principality.co.uk

‘’We are passionate about creating an inclusive workplace where diversity is celebrated and where colleagues feel a sense of belonging’’ Daniel Priest, Inclusion Manager. But don’t just take our word for it, see what our colleagues say about working here too; Careers (principality.co.uk)