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Head of Internal Audit & Risk

Posted: 01/11/24
Recruiter:Progresso Search
Reference:2843045503
Type:Permanent
Salary:£110,000 - £120,000 Annual Bonus + Benefits
Location:London
Description:

Title: Head of Internal Audit & Risk

Location: London, hybrid (3 days WFH)

Salary: 110,000 - 120,000 + bonus and benefits

The company:

Our client, a multinational Shipping (bulker/tanker) group, is looking for an experienced Head of Internal Audit & Risk to join their Finance team based in London. The individual will be leading a dynamic and ambitious team while working closely with different departments head across the business.

Key Responsibilities:

  • Partner with key process owners to ensure controls are effectively designed (includes annual assessment, walkthroughs, and remediation efforts); early identification of potential changes impacting key controls (changes in underlying process, people, system, or control)
  • Working closely with the CFO to maintain and develop the Risk Framework and Risk Management Strategy for Risk Steering Committee approval
  • Facilitating the identification and evaluation of risks and coach management in responding to risk
  • Co-ordinating risk activities and consolidating reporting on risks to Leadership and the Risk Steering Committee
  • Proactively informing senior management of potential significant risks or exposures related to internal controls, compliance, and/or governance requiring prompt attention.
  • Plan and undertake audits or reviews as committed within the annual internal audit plan approved by the Audit Committee; this could include policy or contractual compliance assessments, process improvements, control validations, etc.

Capabilities and experience the candidate will have:

  • Big 4/Top 10 audit experience is essential
  • Significant internal control exposure (either as auditing or advisory)
  • Experience in managing all stages of an external/internal audit engagement.
  • Practical knowledge in and experience with Enterprise Risk Management (ERM) framework
  • Strong English communication skills

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