Credit Risk Auditor in Basingstoke - CV-Library

Credit Risk Auditor

Location: Basingstoke

Salary: £60,000-£65,000

My client who are based in Basingstoke are seeking a Credit Risk Auditor to come and join their team. To apply for this role you will need experience working within a similar role within a FCA regulated environment, as well as a banking/finance qualification.

Daily Duties

Aid the Head of Credit Risk, Executive Director and Senior Manager Structured Finance for the creation of in-life audit reports and pre-lend audits for SFCCO and any ad-hoc audits (specific scope) based on individual clients performance.

Identify potential areas of operational, financial or regulatory/legislative vulnerability and risk and provide feedback to Credit Risk and SFCCO.

Collaborate with internal and external stakeholders as required.

Delivering on time high quality audit reports that clearly set out issues found and their practical solutions. Communication and presentation of these reports may be required from time to time to the SFCCO.

As part of the audit process, challenge clients products, systems, governance, polices, procedures and practices against operational or best practice requirements and/or regulatory/legislative requirements.

Apply knowledge of relevant key regulations and legislation to influence audit scope.

Conduct walkthroughs, sample testing and cover the Banks risk taxonomy across the audits life-cycle.

Contribute to the development of audit reports, policies and processes.

Keep up to date with UK regulatory and legislative changes and incorporate the impact of future regulation and legislation on current audits.

Develop effective relationships with third parties within the Structured Finance and senior management to ensure strong understanding of the clients or prospective clients.

Identify and drive own personal career development needs through self-analysis and feedback from others.

Knowledge, Experience and Skills

AAT/ACCA/CIA/CIMA or equivalent or Banking/Finance qualification/experience.

Demonstrate an understanding of carrying out the full audit cycle.

Understanding of the Credit Consumer Act and the FCAs core regulatory functions.

Strong analytical and decision-making skills.

Computer literacy (Word, Powerpoint, Excel and Outlook).

Excellent communication skills both oral and written