Group Audit Cfo

**Details of required role**

Functional Title: Group Audit CFO - Auditor

Profession: Internal Audit

Position Role Reports to: CFO Madrid Principal Audit Manager

Location: Madrid

Corporate Title: AVP

**Role Description**

The Group Audit CFO team are responsible for global coverage of CFO (Finance and Treasury), in addition to the CRO functions of Liquidity Risk Management and Valuation Control. The current team is comprised of approx. 50 FTE’s based in 10 locations (London, Frankfurt, Jacksonville, New York, Singapore, Bonn, Milan, Manila, Mumbai and Pune) with a Principal Audit Manager based in 5 of these.

As a result of a planned increase in the size of the CFO team we are establishing a new CFO audit delivery team based in Madrid reporting locally into a new CFO Madrid Principal Audit Manager (PAM), who will report directly into the CFO Chief Auditor based in London. This Auditor role forms part of an initial team of five supporting the PAM in the delivery of the audit plan.

The Auditor participates, under moderate supervision, in audits of the global CFO function in accordance with the audit methodology, evaluating the adequacy and effectiveness of internal controls relating to risks within the function. The role will also involve:

- Undertaking multiple audit assignments; drafting high-quality audit reports for review by audit management, facilitating issue tracking and validating the closure of audit Issues.
- Proactively developing and maintaining professional consultative working relationships with CFO stakeholders, using a range of approaches to collect relevant and readily available information to assess risk, resolve issues or carry out tasks.
- Participating in CFO wide process improvement initiatives.

**Role Responsibilities and Tasks**
- Execution of day-to-day operational audit work and the delivery of audits (including risk assessment profiles and business monitoring).
- Involvement in the planning of audits e.g. documenting activity flows of the processes to be reviewed, identifies risks and the key actual controls in place to mitigate the identified risks and attends meetings with internal stakeholders as and when required.
- Involvement in the drafting of high quality audit reports for review by the audit lead, facilitates issue tracking and validates the closure of issues.
- Executes audit fieldwork in line with the agreed audit approach e.g. documenting Activity Flows, identification of key risks, testing of key controls to determine whether they are properly designed and are operating effectively and documenting work in accordance with divisional standards.
- Partners with other divisional/teams during audit engagement to guarantee an integrated approach.
- Reviews and provides expert opinions on action plans provided by clients, helping them develop robust remediation plans.
- Completes all assigned audit work in line with agreed budgets, including ad hoc projects.
- Acts as a challenger to clients in the issue closure process.
- Communicates openly with divisional management and the internal stakeholders; keeps them informed of potential issues and escalate problems/delays accordingly.
- Proactively keeps abreast of pertinent industry, regulatory and business practices.
- Proactively develops and maintains professional working relationships with colleagues, the business and respective support areas.
- Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution.
- Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of the new environment.

**Experience/ Exposure**
- A solid knowledge and experience of the activities of the Finance function of a global investment bank, including an understanding of the associated risks and regulatory requirements.
- Minimum 5 years of experience in financial services or ‘big 4’ accounting firm, working either in the 2nd line Finance function or in a Finance focused audit delivery role.
- A sound knowledge of banking activities, including capital market products and their accounting (IFRS, USGAAP, HGB) and regulatory reporting requirements.
- Strong communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach. Fluent in English (written and verbal).
- Strong relationship management, analytical, problem solving, communication, influencing, planning and presentation skills.
- The ability to challenge and be challenged whilst maintaining the highest levels of professionalism.
- Demonstrates intellectual curiosity and is able to understand and evaluate risk.
- Ability to work in a fast-paced business environment.
- Able to work in virtual, global teams in a matrix organisation, transfer knowledge and develop capability of other team members.

**Education/ Qualifications**
- Masters/Bachelor Degree (or equivalent) from an accredi