Senior Internal Audit Manager – Credit, Models & Data

London, England, United Kingdom

12/13/2024

Location: Bradford, Chatham, Petersfield or London

We are happy for you to be based in Bradford, Chatham, London or Petersfield but please note that occasional travel will be required to our other offices

Working Pattern: Our working style is hybrid, but we recognise the importance of collaborative working with our colleagues often 2 days per week in one of our offices

Benefits: Discretionary annual bonus, 25 days holiday up to 30 days (depending on service), pension scheme with matched company contributions up to 10%, 2 paid days to ‘give back’, enhanced maternity pay (once successfully passing probation), 4 weeks paid paternity, LinkedIn Learning for all, Snoop Premium, Private Medical Insurance

Don’t hesitate to apply for a role even if you don’t meet all the criteria; your unique strengths and eagerness to learn can be just as valuable.

You And Your Team

As a Senior Internal Audit Manager – Credit, Models & Data you will be reporting to the Internal Audit Director. In this role, you will add value, strengthen and safeguard Vanquis by providing independent objective assurance to the Group through effective and timely delivery of the audit plan, and quality assurance activity.

In your day-to-day role, as a Senior Internal Audit Manager Credit, Models & Data, you will:

Audit Oversight

Please ensure you read the below overview and requirements for this employment opportunity completely.

• Provision of coaching and oversight of audit delivery by Internal Audit Managers to time, cost, quality and scope
• Review of audit files in line with the Audit Methodology, to ensure documentation is appropriate, conclusions are robust, and key issues have not been missed
• Delivery of high-profile audit engagements to time, cost, quality and scope
• Provide technical SME input in relation to: credit risk, models and data analytics, risk, strategy and other key areas as required.
• Escalation of significant audit issues identified, or problems delivering an audit, to the Head of Internal Audit on a timely basis
  
  

Audit SLT Member

• Member of the GIA SLT providing key input to departmental strategy and objectives, and oversight of delivering enhancements.
• Attendance at key business committees or governance forums relevant to the role, and as a delegate for the Head of Internal Audits where required.
  
  

Peer Review QA Activity

• When required, peer review a sample of audit files selected by the Chief Internal Auditor in line with the GIA methodology
• Perform peer review activity in a collaborative manner with Internal Audit Managers
  
  

KPIs

• No significant control failings in areas previously audited
• Audits completed in line with the agreed SLA outlined in the audit scope memo to support the timely delivery of the audit plan and the annual opinion.
• Additional departmental KPIs include audit quality, data analytics use, CPD completion and community support.
  
  

What will make you stand out?

• Knowledge and experience of credit, models & data, and associated PRA regulations which may be demonstrated through understanding of some or all of :
• Capital Requirements Regulation (CRR)
• IFRS 9 and Expected Credit Losses (ECL)
• Data analytics technologies and practices, and associated coding languages

• Understanding of the FCA’s rules and guidance including CONC, DISP, SYSC and Consumer Duty requirements and expectations
• Excellent relationship management and influencing skills with the ability to balance assertiveness in order to build and maintain internal / external relationships
• Strong communication skills (both verbal and written)
• Resilient – able to manage disagreement and find ways to reach an agreed position
• Strong risk awareness
• Experience of reviewing audit files for quality and compliance with the Audit Methodology.
• Experience of delivering end-to-end internal audits or change assurance, which adds value and focuses on achieving the strategic objectives.
• Experience of writing clear and compelling audit reports.
  
  

The Interview Process

Our average process takes up to 4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team throughout the process.

As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

Your working life: If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance. A fear of losing your current working flexibility shouldn't hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.

Why work for us?

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop. Our purpose is simple: to deliver caring banking so our customers can make the most of life’s opportunities.

At Vanquis Banking Group we believe in looking after our colleagues, so we do our best to create a rewarding, engaging, and supportive work environment across our various divisions.

We let our colleagues know we appreciate their hard work by offering competitive salaries, benefits, and a Group wide recognition scheme. All colleagues are eligible to join a pension scheme, and, after six months’ service, you can join our 'Buy as you Earn' schemes.

We offer a range of training and development opportunities to help each of our colleagues maximise their potential, whatever their role. From your first day working with us, we’ll help you settle into your new role and are happy to talk to you about your career aspirations.

Equal Opportunity Statement

Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, martial or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age – your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, it's our people that help us to fulfil the reason why we’re here in the first place: to help put people on a path to a better everyday life.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available to help. You can contact us at