6 months ago
We’re building our ‘society’ Nationwide with a sense of community and the collective belief that we’re here to help and we can make a notable difference. We all have a share in the build and we expect you to provide the direction and vision to open up opportunities to create something everlasting for our customers, who we refer to as members, and setting the standards for other financial services companies.
The Internal Audit (IA) community at Nationwide Building Society has been finding new ways to have impact and influence through not just our audits but also in the way we audit. The IA community has been taking a lead in adopting agile ways of working and the results are being noticed around the Society and in the wider auditor profession. We recently hosted over 60 people from over 30 different businesses to share best practice on how we’ve adopted agile ways of working and made it really work for us. Profiling how we have applied agile techniques to our context as auditors and positively ‘breaking the rules’ to make sure things worked more efficiently.
Who we're looking for
The successful person will have or be able to demonstrate:
• A depth of assurance or audit experience in a role operating at a senior leadership level.
• A professional auditing, compliance or business-related qualification or demonstrable extensive relevant professional background.
• The ability to develop high value relationships, command respect and work collaboratively across all levels in the business.
• A track record of outstanding leadership – inspiring, coaching and empowering people to deliver to the best of their ability, articulating a vision and driving strategic change and ongoing improvement in an assurance or audit function.
• Excellent negotiating, facilitation and influencing skills which are proven at senior levels, whilst being a role model for objectivity and independence.
• Financial Services industry experience, preferably but not essential.
What you'll be doing
The profile of the Audit profession is changing dramatically, the level of impact and influence IA has on risk and control culture is now an important sign of the strength of an organisation’s governance.
This role has responsibility for a portfolio covering a range of operational and administrative activities that ensure the wider IA community can perform at its best. This is a high-profile role and you will have the opportunity to influence IA’s strategy, capability and performance, as well as engaging with professional bodies and peers in other organisations to raise IA’s profile and further develop our audit practices.
You’ll be working on the stuff that matters to IA. If you bring a dedication to making a difference, we’ll give you variety, purpose and visibility in the business.
Reporting directly to the Chief Internal Auditor (CIA), the role will be accountable for:
• Working with the CIA to shape IA’s strategic development, ensuring that IA has the right structure, resources and capabilities to demonstrate professional excellence and provide impactful assurance to the Audit Committee, as well as assisting with day to day running of the IA community.
• Overseeing the strategic development and operational efficiency of IA’s planning and reporting, people and risk, and QA and methodology teams, ensuring that they support the efficient operation of IA and drive continuous improvement to enable IA to achieve its strategic ambitions.
• Delegated authority from the CIA and accountability for the ongoing development, delivery and monitoring of activities including IA’s:
o Governance, risk and control environments.
o Senior stakeholder, executive and board level committee reporting.
o Internal and external communications, including defining and raising IA’s brand within Nationwide and across the internal audit profession.
o Quality assurance programme and audit methodology.
o Tools, technology and environment.
o Planning and budget management including use of third parties.
• Working with the IA senior leadership team to ensure that planning activities direct audits towards the key business risks and provide adequate coverage to support IA’s annual opinion on the Society’s systems of risk management and internal control.
• Supporting the CIA and IA leadership team in communicating Society-wide and IA community priorities to the wider team, leading and championing change and continuous improvement in IA.
• Working with Procurement to define and manage IA’s co-source panel to ensure that IA has sufficient access to expertise, support for development skills and insight when required.
• Engaging with senior professional advisers and senior leaders in peer organisations to maintain a professional network and provide insight into good practice.