Risk Compliance Audit Manager
Starling Bank, United Kingdom
Job Description
Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company.We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. Since our launch in 2014, we’ve opened over three million accounts and we've been voted Best Current Account Provider five years in a row. We employ more than 2,300 people across our London, Southampton and Cardiff offices and will open our Manchester office in 2023.
We're looking for a Risk amp; Compliance Audit Manager to join our growing Internal Audit team. You'll be responsible to support Internal Audit’s strength, maturity and effectiveness.
You will support the Group Head of Internal Audit (SMF5) and deputise for them, and will be expected to present your work to the Executive team and the Board Audit Committee. You will help Starling’s senior management to protect the assets, reputation and sustainability of Starling as it continues on its growth path and delivers fantastic products and services.
You will support and report directly to the SMF5. You will also have significant exposure across Starling, including senior management and Board-level committees.
Your responsibilities will include:
- Delivery of the Risk amp; Compliance internal audit plan and follow-up activities, with the support of Starling’s in-house team and our co-source providers
- Development of an effective and scalable 3LOD Risk amp; Compliance reporting framework to help the Executive and the Board challenge the controls activities of the first two lines of defence
- Provide assurance on all Risk and Compliance processes, controls and outcomes within the first two lines of defence: from RCSA to third party risk management, the effectiveness of the ERMF, the capability and capacity of the first and second lines of defence to identify, assess and mitigate risks to within the Board’s risk appetite, and Compliance and Anti-Money Laundering processes and controls such as onboarding (KYC/KYB), transaction monitoring, sanctions compliance, the SMamp;CR regime, regulatory reporting, the Consumer Duty, Complaints, Vulnerable Customers, compliance with the FCA Handbook and much more
- Provide the necessary support, guidance and challenge in a constructive manner to support sustainable growth and in ensuring appropriate outcomes for our customers
- Engagement with Regulators and relevant industry bodies
- Mentor colleagues and work as a member of the broader 3LoD team
Requirements
- Broad range of experience within or auditing the Enterprise Risk Management Framework - ideally at another regulated firm
- Detailed understanding of regulatory requirements within Banking
- Relevant Compliance or Risk Management qualifications, Qualified Accountant, Internal Auditor or equivalent
- Experience of working in a fast paced, nimble yet highly regulated environment
- Confident communicator at all levels, approachable, able to challenge in a positive manner and articulate balanced opinions
- Some experience with audit report writing and exposure to Board Audit Committee reporting
- Thorough understanding of the International Professional Practice Framework and the IIA’s Code for Financial Services - having been through an External Quality Assurance process a plus
Benefits
- 25 days holiday (plus take your public holiday allowance whenever works best for you)
- An extra day’s holiday for your birthday
- Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
- 16 hours paid volunteering time a year
- Salary sacrifice, company enhanced pension scheme
- Life insurance at 4x your salary
- Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mramp;Mrs Smith and Peloton
- Generous family-friendly policies
- Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
- Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships
About Us
You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.
We’re on a mission to radically reshape banking and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of a