Audit Manager - Economic Crime Risk - #1771892

About

Business Unit: Internal Audit

Salary Range: From £60,800 per annum DOE + red hot benefits

Location: UK Hybrid (Newcastle and Glasgow hubs attending as required)

Contract Type: Permanent

Our Team

Join the Audit function as we transform our team into one that is ready to meet the challenges of the future, setting us up to support our ambition to disrupt the status quo and turn traditional banking on its head.

Our team leverage our knowledge to provide credible assurance and oversight in relation to key risks. We value collaboration, pragmatism, integrity, and curiosity. This is an opportunity to play a key role in the third line in one of the leading UK banks. You will have the ability to influence stakeholders and have a tangible impact on the control environment for the bank to keep us safe.

What You’ll Be Doing

• Developing a great understanding of the business areas you work with and building strong effective, relationships with your key stakeholders and engaging those stakeholders on audit delivery, risk management and the control environment;
• Supporting the development of a relevant, high quality and value-add audit plan for your area. You’ll also work with the wider team to take a “best team” approach to audits for other areas of our annual audit plan;
• Leading and delivering audit engagements to agreed quality requirements and timescales;
• Keeping pace with external regulations, internal audit best practice and any thought leadership in your area;
• Promoting risk management and control awareness through proactive coaching with our stakeholders and development activities in our team; and
• Attending relevant committees to keep abreast of changes to the control environment.
  
  

We need you to have

Experience: We are looking for any combination of the below experience (at least 3).

• Demonstrable experience in Financial Crime (AML/CTF) with a solid understanding of activities such as sanctions screening, CDD/EDD, event driven triggers, transaction monitoring and suspicious activity reporting.
• Fraud experience with a solid understanding of internal and external fraud.
• Good knowledge of the financial crime and fraud legal and regulatory requirements for UK.
• Good knowledge of associated regulations e.g. Money Laundering Regulations, POCA, JMLSG, PSR Regulations, and Economic Crime & Corporate Transparency Act.
• Risk Management or Assurance.
  
  

It’s a bonus if you have but not essential

• Practical experience in delivering audits or other assurance work.
• Relevant qualifications in Economic Crime (Financial Crime or Fraud) or Internal Audit.
  
  

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more.
• Up to five extra paid well-being days per year.
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt.
• Market-leading pension.
• Free private medical cover, income protection and life assurance.
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness.
  
  

And there's no waiting around, you'll enjoy these benefits from day one.

If we’re lucky to receive a lot of interest, we may close the advert early. Please ensure to submit your applications as soon as possible.

Say hello to Virgin Money

Virgin Money is so much more than just a bank. As part of the Nationwide group, together we're the UK's first full-service mutual bank serving millions of retail and business customers and all driven by our purpose; Banking but fairer, more rewarding and for the good of society. With us, you’ll be part of an organisation uniquely positioned to make a difference to the lives of customers, communities and broader society and embark on a collaborative, customer obsessed, and fun-filled career journey. Embrace the weekdays, enjoy fantastic perks, and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider.

Be yourself at Virgin Money

At Virgin Money, we celebrate everyone. We have fun, think big, and relentlessly include each other, all in pursuit of our purpose: Banking – but fairer, more rewarding, and for the good of society.  We’re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard.   

As a Disability Confident Leader, we're committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team [email protected]

Please note: If we receive a high volume of eligible applications, we may need to prioritise candidates whose skills and experience most closely align with the role, while still ensuring fair and equitable consideration for all applicants.

Now the legal bit

Although some of our roles allow you to be based anywhere in the UK, we'll need you to confirm you have the right to work in the UK.

If you're successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we'll ask for six years of regulatory references, and once in the role, you'll be subject to periodic employment checks. 

Nice-to-have skills

• Risk Management
• Leeds, England
  
  

Work experience

• Finance & Accounting
• Banking
• General Project Management
  
  

Languages

• English