Internal Audit Manager

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LON40643 Requisition #

Who we're looking for
We are seeking a highly skilled and motivated Internal Audit Manager to join our dynamic team at Schroders. The ideal candidate will possess a combination of technical expertise, leadership capabilities, and strong analytical skills to drive our internal audit function efficiently and effectively.


About Schroders
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.


The base
We moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre. And we have everything we need to work flexibly. As our Operations teams operate from London and Horsham, we expect you to be able to split your time between these offices. 


The team
The role of Group Internal Audit is to provide independent and objective challenge to, and assurance over, the Schroder Group's control environment through effective evaluation of risk management, control and governance arrangements implemented by management.
The department is led by the Head of Group Internal Audit who has a primary reporting line to the Chair of the Board Audit and Risk Committee, with a secondary line to the Group Chief Executive. The Internal Audit Manager reports to the Head of Technology and Operations Audit. The Head of Technology and Operations Audit's team has responsibility for executing a range of audits, including those focused on Operations (functions such as trade operations, custodian oversight, derivative services, accounting control and performance reporting). 


What you'll do
•    Plan and schedule audits with the business as allocated by the Head of Technology and Operations Audit.
•    Deliver audits, ensuring that the work completed and output produced adheres to IIA standards and Group Internal Audit's procedure manual.
•    Deliver aspects of the compliance monitoring programme, integrated in audits, as needed.
•    Assist with other audits as a subject-matter expert, where required. 
•    Escalate issues to the appropriate level of management.
•    Draft reports to a high standard. 
•    Track issues and actions arising from internal audit work.
•    Liaise with relevant management and staff across Schroders to maintain awareness of key developments.
•    Assist with project reviews as required.
•    Support the Head of Technology and Operations Audit in the performance of their duties, and substituting as necessary.
•    Manage co-source suppliers where needed.
•    Staff management, appraisals and development.


The knowledge, experience and qualifications you need

•    Minimum 5 years' experience in an internal audit function or similar role.
•    Thorough understanding of audit topics covering investment management, back and middle office functions, either through auditing or direct experience.
•    Ability to split your time between our London and Horsham offices, with some international travel occasionally. 
•    Strong understanding of internal audit techniques including the IIA Standards.
•    Familiarity with risk-based auditing techniques.


The knowledge, experience and qualifications that will help
•    Proficiency in data analytics tools.
•    Professional certification in auditing, investment management or similar.
•    Proven experience in a leadership role within an internal audit function, preferably in a financial institution.


What you'll be like
•    Analytical thinker: You thrive on dissecting complex processes and identifying potential risks. Your strong analytical skills allow you to draw insightful conclusions and provide actionable recommendations.
•    Detail oriented: You ensure that documentation is completed to a high standard, is meticulously reviewed and that all findings are supported by substantial evidence.
•    Strong communicator: You can convey complex audit findings and recommendations clearly and concisely to stakeholders at all levels, including senior management.
•    Leader and mentor: You are adept at leading an audit team, fostering a collaborative environment, and mentoring junior auditors to develop their potential.
•    Ethical and principled: You uphold the highest standards of professionalism and integrity.
•    Adaptable and resilient: The dynamic nature of operations auditing requires you to quickly adapt to new challenges and maintain resilience in a fast-paced environment.
•    Technologically minded: You leverage technology effectively within the audit process, staying abreast of industry trends and best practices in data analytics and automated auditing tools.


We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought is facilitated by an inclusive culture which will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.

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For applicants applying for positions with Schroder Investment Management North America Inc. (SIMNA):
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SIMNA is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Please view SIMNA’s EEO POLICY STATEMENT. If you’d like more information on your EEO rights under US law, please view EEO IS THE LAW POSTER, EEO IS THE LAW POSTER SUPPLEMENT and PAY TRANSPARENCY POSTING.