SENIOR AUDIT MANAGER, RETAIL & SME CREDIT RISK

Job details

Can you really make a difference? Do you have the drive and ambition to become part of a leading audit function supporting LBG to become 'Best Bank for Customers'? If so, an exciting opportunity and challenge is waiting for you. 

As LBG seeks to become ‘Best Bank for Customers’ and puts the customer at the forefront of our thinking and at the heart of everything we do, it is vital that LBG provides consistent and fair outcomes to our customers. Across the group we have significant volumes of critical interactions with our customers across multiple channels and multiple products, at key moments of truth in their banking lifetime. 

Colleagues in the Group Audit practice are responsible for using their skills, knowledge and leadership capabilities to support the business in achieving its strategy. You will contribute to the successful implementation of Group Audit strategy by providing specialist knowledge and oversight for audit assignments with a retail credit risk element, and provide expert advice on a wide range of retail credit issues to other members of the department. 

In addition you will be expected to manage and undertake audit assignments with a specific retail credit risk focus, liaising with business management, testing controls, gaining acceptance for assignment reports and tracking agreed remedial actions through to completion. There will also be an element of managing relationships with key customers in the business. 

As a Senior Audit Manager, Retail & SME Credit Risk, you’ll demonstrate practical experience in managing the credit risk associated with a retail credit portfolio or retail credit audit experience gained in a large financial services organisation. You’ll therefore have comprehensive knowledge of the retail credit ‘lifecycle’ and portfolio management techniques and have worked on the following areas: 

• Credit risk appetite, strategy, decision making and credit management information 
• Development, validation and use of application and behavioural scorecards 
• Core consumer credit products such as personal loans, credit cards, overdraft and mortgages (residential and commercial property) 
• Impairment and arrears management including Collections and Recoveries 
• Design and monitoring of credit policy and processes 
• Design and application of retail credit risk management control frameworks and the controls required to mitigate common weaknesses 
• Knowledge of regulatory environment and requirements and the embedding of the requirements in a financial services business environment. 

Naturally, you will apply and champion the Group Audit methodology and standards and keep abreast of audit best practice and the changing regulatory environment. You will support and contribute to the wider audit team activities to support the department in “becoming our best” in line with the Group Audit transformation programme. 

You’ll demonstrate an ability to identify key risks and controls within your areas of responsibility and identify potential areas for control improvement. 
In addition to the above, you’ll have strong influencing and motivating skills and be able to apply these in a complex and diverse stakeholder environment and have a proven track record of delivery. Excellent analytical, presentational, verbal and non-verbal communication skills are essential. 

In addition to the salary range quoted, this role offers a performance-related bonus, car allowance, private health cover, share schemes and a generous pension contribution along with the option to choose an additional cash lump sum or pick from a wide range of industry leading benefits. 

In return for your expertise, you’ll enjoy our commitment to your ongoing personal and professional development. As a valued member of our team, there is the additional benefit of working with a highly motivated team of skilled and experienced specialists, and in the supportive structure of LBG Group Audit, where career development is a high priority.