Audit Head Job Description

Audit Head Job Description

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Audit head provides regular communications to SYKES' business units on best practices, internal security policy, regulatory and privacy compliance, and contractual requirements.

Audit Head Duties & Responsibilities

To write an effective audit head job description, begin by listing detailed duties, responsibilities and expectations. We have included audit head job description templates that you can modify and use.

Sample responsibilities for this position include:

Develop and maintain a thorough understanding of the relevant business divisions
Participate and lead integrated and IT audit engagements focusing on critical applications, trade execution, trade processing, IT core infrastructure (operating systems, databases), and IT general controls
Support the Global Head of Internal Audit with audit planning, scope design, internal control assessment, escalation and reporting of issues, and monitoring of remediation plans
Build and maintain relationships establishing a culture of engagement while adding value
Develop and maintain an in-depth understanding of the technology organization, business areas, and support functions
Participate in department-wide initiatives aimed at continually improving firm processes and the control environment
Assist with annual risk assessment process, audit plan creation, and other departmental administrative projects
Implement team processes in the Region
Provide independent, objective assurance on the adequacy and effectiveness of the Company’s risk management, financial controls, compliance and governance processes
Support Shire’s Audit, Compliance and Risk Committee and Management in the effective discharge of their corporate governance responsibilities

Audit Head Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Audit Head

List any licenses or certifications required by the position: CPA, CIA, CISA, ITIL, CRISC, CISSP, IIA, CRCM, ACAMS, 9001

Education for Audit Head

Typically a job would require a certain level of education.

Employers hiring for the audit head job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Graduate, Management, MBA, Auditing, Economics, Business/Administration

Skills for Audit Head

Desired skills for audit head include:

Applicable Luxembourg and European regulatory requirements
Annual planning
Applicable French and European regulatory requirements
Audit and banking/financial industry and its associated risks
Capital markets
Commercial business lines
Europe and Japan
Financial products
Industry best practices
Policy coverages

Desired experience for audit head includes:

Will be able to demonstrate a past use of analytics and data in driving credit decisions
Strong user of Excel and database programmes
In recent years awareness of the importance of internal audit has increased in view of its role as an influential value added service available to senior management
Must possess strong management skills and diplomacy to be effective in sensitive situations
Lead the Internal Audit planning process for the assigned divisions, including the preparation and discussion of the annual internal audit plan and the scheduling of audit assignments and assigned resources
Delivering the approved Internal Audit Plan (including amendments)

Audit Head Examples

1

Audit Head Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of audit head. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit head
  • Challenge the status quo and champion the continuous improvement of company operations by helping all members of management to enhance controls and improve efficiency within their areas of responsibility
  • Partner with key leaders in Business operations, Finance, Legal and Compliance to create and foster an effective and practical environment of risk management and controls
  • Lead an international team of approximately 10 professionals
  • Review, evaluate, maintain, or modify audit procedures to ensure procedures are current, efficient and effective
  • Execute internal audit activities with the appropriate balance of internal resources and external service providers
  • Conduct special non-audit projects at the request of management such as participating in due diligence investigation, developing company policy, and other similar type services
  • To support the Group Head of Internal Audit in the management and development of the Group Audit function, ensuring a professional and value adding service is provided to the Board, Audit Committee and senior management
  • Providing an independent appraisal of the adequacy and effectiveness of risk management and internal controls in financial, information systems and other business and operational areas
  • To promote the profile of Internal Audit through the sharing of best practice and working closely with senior managers from the Global, Area, regional and country management teams
  • Design and execute on key strategic initiatives across the Audit function including driving team strategy, use of data analytics and strategic workforce planning to meet commitments and growing expectations from the Board, PBAC and regulators
Qualifications for audit head
  • Contribute to the strategy for IA, continuous improvement and change management initiatives
  • Continuously develop own technical, commercial and personal skills
  • Qualified Accountant ACA, ACCA, CIMA, CPA (or equivalent) with a minimum of 3 years post qualification experience including exposure to SOX and IT Audit compliance work
  • Excellent analytical and written English Skills are essential
  • An up to date passport for travel is essential
  • Bachelor or Post graduate qualifications in banking, accounting, finance, audit or risk management
2

Audit Head Job Description

Job Description Example
Our innovative and growing company is looking for an audit head. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit head
  • Drive the evolution of the Audit methodology and Quality Assurance in line with Industry best practice and regulatory requirements
  • Lead the development of the annual plan for Internal Audit, covering all key risks and regulatory obligations
  • Build trusted and influential relationships with a range of key stakeholders and executives
  • Delivery against Internal Audit's Performance Agreement, financial plan and FTE
  • Oversee and guide the Internal Audit plan including delivery of Audits in line with approved methodology and standards, timely and effective audit issue verification procedures
  • Influence Executives to ensure there is a proactive approach to risk management, clear accountability and a strong compliance culture across divisions
  • Drive a strong performance culture across Audit and within the team to meet shared objectives
  • Acting as a leadership role model
  • Demonstrable and significant experience in leading multiple, large-scale technology developments to successful conclusions
  • Experience in delivering new or changed business and IT infrastructure for large, complex, multi-business / multi-functional programs
Qualifications for audit head
  • You will have solid understanding and exposure in local regulatory requirements
  • You will also have audit professional in financial services with experience in Internal Audit and good understanding of Risk Management and local regulatory requirements
  • Tertiary and professional qualifications in business
  • Significant people leader experience with advanced stakeholder skills
  • A very strong background in managing projects / programs to successful conclusions
  • A strong background managing complex programs to successful conclusions
3

Audit Head Job Description

Job Description Example
Our growing company is looking for an audit head. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit head
  • Review and record actions taken by management to correct conditions reported by audit findings
  • Perform fraud risk assessment at Group level, and design fraud prevention and detection procedures
  • Possesses strong audit, risk, compliance, banking, and/or product knowledge
  • Manages a team of professional auditors, Audit Managers, Senior Auditors and Junior Auditors
  • Manage workload, assignments and scope via pre-loan meetings with the Managing Director of Healthcare Real Estate Lending ("MDHREL"), Portfolio and CF Management, as necessary
  • Communicate and escalate significant exam findings / recommendations to the MDHREL and Portfolio, as necessary
  • Assist the MDHREL and Portfolio in establishing, modifying, and monitoring audit programs and reporting policies/procedures to help ensure compliance with credit policy
  • Conduct Quality audit at PnB premises to gauge the Process followed, Quality organization maturity (dedicated person is allotted or not) and to asses if all the processes/functions exist and are followed, and if there are improvement plans derived from the audits/past failure analysis
  • Assess the PnB manufacturing process flow so as to follow lean manufacturing practice & guide them with improvement suggestions incl
  • Conduct technical audit/evaluation on the PnB switchgear with focus on overall switchgear design, and minute technical details (as per audit format)
Qualifications for audit head
  • To develop a best in class Information Technology Strategy and drive this forward within the GBL INA function globally, ensuring that this fits with the Group's Future State Architecture
  • To work with HOST and external vendors to ensure that any systems development and/or deployment is carried out fully in line with the bank's Global Standards, FIMs and any/all other relevant policies
  • To ensure the appropriate engagement with and input to wider Group initiatives encompassing Governance, Risk & Compliance
  • Major systems of record (in particular the current systems replacement initiative, Project ARaMIS
  • Data Analytics and associated tools and strategy
  • To lead and manage all Technology and Technology Support resources globally
4

Audit Head Job Description

Job Description Example
Our innovative and growing company is hiring for an audit head. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for audit head
  • Leading efforts to implement effective risk management initiatives and control improvement efforts that are responsive to changing business needs
  • Developing a leadership role, as a key member of the Internal Audit management team, managing, training and developing internal audit staff
  • Assist the Group Head of Audit by performing regular evaluations on the Region’s internal controls, financial and accounting matters, compliance, business and risk management strategies
  • Provide Regional Management team with a robust process engineering, consulting and assurance feedback ensuring audit plans and programs are understood, agreed, and delivered against business objectives
  • Ensure effective collaboration with the Group’s Shared Service teams across the Region the Risk, Audit and Compliance management teams to help put controls and roadmaps in place to mitigate significant risks impacting the ongoing success of the group and its potential IPO listing
  • Help improve key controls that support the successful and secure operations of the business and its leadership by ensuring robust design and operational effectiveness and efficiency
  • Provide management with assurance that projects and programmes key to the achievement of the Group’s objectives are being appropriately managed and key risks mitigated effectively
  • Assist in the preparation and reporting on progress of the audit and risk performance to the Audit Committee, detailing key areas of Audit focus, assurance and / or concerns
  • Develop, own and implement standards and trainings to ensure consistent execution of audits across the Group in line with the Chartered Institute of Internal Auditors
  • Manages internal business and third party
Qualifications for audit head
  • To provide Technology Support to circa 900 users within GBL INA and circa 2,000 Business Users (Auditees) of GBL INA technology, developing and implementing a "follow the sun" support and development model for Project ARaMIS
  • The development of new functions and facilities and the on-going systems support of live systems
  • That systems delivered meet business requirements and are delivered on time and within budget to an agreed level of quality
  • To establish work practices, implementing standards and quality monitoring in Technology, during development, implementation and daily use
  • To manage stakeholders outside GBL INA such as HOST, Informtion Security Risk and Operational Risk, together with any vendor relationships
  • To manage all Records and Information Governance (RIG) responsibilities for Global Audit, embedding procedures, standards and tools across all GBL INA audit units in line with the bank's RIG policies and guidelines and ensuring continued global adherence
5

Audit Head Job Description

Job Description Example
Our growing company is looking for an audit head. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for audit head
  • Assist the Group Head of Internal Audit with the longer term strategy for Internal Audit in conjunction with senior management
  • Produce the annual ‘CHQ’ and ‘Supply’ audit plan focussing on key business risks
  • Take responsibility for the execution and quality control of audit fieldwork and for the delivery of audit reports (including management comments) for issue to Group, Area, regional or local management and the Group Head of Internal Audit
  • Prepare quarterly summary reports of principal audit findings and key performance indicators for discussion with Management and for collation by the Group Head of Internal Audit for presentation to the Audit Committee
  • Provide ad hoc investigation and advisory risk and control services to operational management as required
  • Participate in the management and development of other regional audit teams
  • Keep up to date with business developments (including acquisitions, new systems, new products and services etc) with particular emphasis on your key ‘Functional’ responsibilities
  • Continuing to develop Internal Audit in Danfoss as an industry state-of-the-art function
  • Using a risk-based and systematic approach to monitor the adequacy and effectiveness of the organization’s compliance and governance, risk management process, and the system of internal control
  • Performing independent and objective assurance of Danfoss’ internal control environment
Qualifications for audit head
  • The job holder will be responsible for the efficient running of technology supporting Global Audit, and for technical development of Technology tools and platforms across GBL INA
  • The jobholder has a wide remit covering INA globally
  • Manage and own all Technology systems, tooling, Computer Assisted Auditing Techniques, Data Analytics initiatives and all related support and development across Global Audit
  • Line/Functional Management of Technology teams under GBL INA globally
  • Own/Manage and oversee system contingency and disaster recovery for all Audit systems globally Interfacing at senior levels both within INA and with other stakeholders internally, is a regular part of the job
  • To manage all Records Information Governance responsibilities for Global Audit

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