Senior Audit Manager - Treasury and Liquidity Risk Management. LilyLifestyle

Senior Internal Audit Manager – Treasury and Liquidity Risk Job Overview

The Senior Audit Manager (SAM) will play a critical role in delivering professional, independent, risk‑based audits throughout the Bank. The SAM is accountable for planning, execution, reporting and issue validation for allocated audits. The role requires a proactive approach in understanding and evaluating the risk profile of allocated auditable entities, identifying key risks, communicating control deficiencies effectively, and ensuring timely resolution in collaboration with management.

The role is primarily an individual contributor position with accountability for complex audits, rather than a people management role. This role offers the opportunity to contribute to a dynamic, small banking environment, delivering significant impact on the governance, risk, and control framework.

• Audit Planning and Execution:
  Contributes to risk assessment and plan development and is accountable for delivering allocated audits within the approved plan, ensuring alignment with regulatory requirements and the Bank's risk profile.
• Lead and conduct risk‑based audits across the bank, including areas such as financial and regulatory reporting, treasury, credit, risk management; ensuring scope, adequacy and comprehensive risk coverage.
• Ongoing risk monitoring of allocated auditable entities and tracking emerging risks.
• Accountable for agreeing action plans, validating issue remediation, and escalating overdue or inadequate actions to the Head of Internal Audit and Audit Committee where necessary.
• Independent and Professional Delivery:
  Work independently to execute audit methodologies, engage with stakeholders, agree on findings, and deliver quality audit reports and work papers with minimal oversight.
• Stakeholder Engagement:
  Actively communicate and build relationships with senior management to provide assurance of control effectiveness.
• Control Evaluation and Risk Mitigation:
  Evaluate the design and operating effectiveness of internal controls, identify gaps, and assess compliance with UK regulatory standards and the Bank's policies and procedures.
• Leadership and Continuous Improvement:
  Assist the Head of Internal Audit and support continuity of audit delivery and stakeholder engagement during short absences.

• Technical Expertise:
  In‑depth knowledge and understanding of financial and regulatory reporting (including ILAAP and ICAAP), credit, and treasury products. The ability to integrate IT and data considerations into business and prudential audits.
• Qualifications:
  
  Professional certifications such as CIA, ACA, ACCA, or CISA required. Audit experience within the financial services industry, with a strong understanding of UK regulatory expectations (PRA/FCA).
• Core Competencies:
  
  Strong communication and stakeholder management skills, with the ability to influence and challenge senior executives.
• Demonstrated experience in leading and delivering audits independently, producing high quality reports, and resolving complex issues.
• Proactive, detail‑oriented, and capable of managing competing priorities.