Job Description
Internal Audit & Risk Manager
Group Audit and Risk
BSI is an Equal Opportunity Employer and we are committed to diversity.
Job Title: Internal Audit & Risk Manager
Reports to: Head of Internal Audit and Risk
Location: Chiswick with global travel
Band: Operational Delivery
Date: Feb 2023
Purpose of the position
A key member of the Group Internal Audit & Risk (IAR) team who provide independent, objective assurance designed to add value and improve BSI’s operations. The mission of the IAR team is to enhance and protect organisational value by taking a risk-based approach to providing objective assurance, advice, and insight. IAR helps BSI bring a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, processes and controls; facilitating the alignment of risk exposures to risk appetite.
Key Responsibilities & Accountabilities
- Establish risk-based audit programs and execute financial controls and non-financial audits, through planning, fieldwork and reporting phases
- Produce well written, insightful reporting on audit engagements
- Contribute to the continuing development and improvement of IAR’s ways of working, ensuring audit tools and procedures keep abreast of industry best practice
- Identify resourcing requirements for audit engagements i.e. secondees/SMEs
- Coach junior members of the team and secondees to IAR to ensure they deliver the right quality of work and continue learning, being the first line of review for large audits
- Work alongside the business to ensure the timely closure of audit actions
- Assist with committee reporting and development of the annual Audit Plan
- Support the team objectives and promote a culture of continuous improvement
- Build and maintain trust-based relationships with the team, leadership and management at all levels
- Identify opportunities to create synergies with the second line of defense
- Facilitate the risk management process; working closely with all areas of leadership (Exec & Leadership level) to continually review functional and principal risks in their areas.
- BSI operates in 86 countries and this position involves at least 30% global travel.
Key Result Areas
- Production of timely and high-quality Audit Reports
- Ownership and follow up of management actions
- Continuous improvement of IAR methodology
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Key Performance Indicators
- Delivering to the Audit timeline for planning, fieldwork and reporting
- Identifying value-adding and credible observations
- Maintaining independence
- Feedback from key stakeholders
- Feedback from the team
Organisation Structure
Person Specification
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Attribute
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Essential Criteria
(required to do the job)
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Desirable Criteria
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Knowledge and
Experience
(e.g. Type, level)
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- Educated to degree level with relevant professional qualification (ACA/ACCA/CIA or equivalent).
- Demonstrable PQE.
- Proven internal audit experience with a strong understanding of best practice.
- Experience of managing risk, through risk registers and working to ERM frameworks.
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- Understanding of best practice in areas of information security and health, safety and environment.
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Skills and Abilities
(e.g. Teamwork,
IT, Communication,
Relationships)
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- Self-starter, able to work without close supervision
- Ability to effectively plan/manage/prioritise work to meet objectives or multiple priorities/projects.
- Excellent communication skills presenting internal control and risk matters in an understandable way across various forums and levels of the organization with the right level of detail.
- High quality written reporting skills.
- The ability to think with clarity, express ideas, and share information with a multitude of audiences.
- Practical mindset to get beneath a finding to consider and present wider context and implications, to provide value and advice that comes from thorough understanding
- Enthusiastic, demonstrating initiative and ability to work alone or part of a small team.
- Strong stakeholder managements skills with an ability to establish an effective network with both internal and external stakeholders, including cross functional colleagues.
- Able to engage and coaching colleagues from across the business
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- Exposure to best practice business processes would be an advantage
- Proficiency in other languages
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Personal Qualities /
Aptitudes
(e.g. Initiative, flexibility,
commitment, reliability)
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- Proactive and independent.
- Takes ownership and accountability.
- Agile and adaptable with a flexible mindset.
- Resilient, confident and credible with strong attention detail.
- A strong collaborator, influencer, listener, to build consensus and a constructive working relationship across the organisation.
- Excellent communication skills and executive presence, and ability to influence a variety of internal and external stakeholders.
- Willingness to travel internationally with some weekends away from home (when restrictions allow)
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BSI Excellence behaviours
- Client-centric - We put the client at the centre of everything we do to deliver outstanding products and services.
- Agile - In an ever-changing world agility is key not just in terms of actions but in terms of thinking creatively and finding new and better ways of doing things, so that we continue to exceed our clients’ expectations
- Collaborative - To provide integrated solutions to our clients, we need to collaborate across the organization and act as One BSI.
- Leadership Pledge – I will create an inclusive environment, care for the wellbeing of my team, develop the talent BSI needs for the future and contribute to BSI’s sustainable development goals
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BSI evaluation code
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BSI200
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Workday position number
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45000674
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Central role profile name
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Internal Audit & Risk Manager
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Document date
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Feb 2023
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