Waystone leads the way in specialist services for the asset management industry. Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.
With over 20 years' experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.
Waystone Group Internal Audit's objective to consistently assess the adequacy and effectiveness of governance and management of risks, giving an evidence-based opinion on all aspects of governance, risk management and internal controls.
The Manager - Internal Audit plays is a supporting role to the Director - Internal Audit. Holding a position in the third Line of Defense, Internal Audit will perform risk based audit testing on Waystone entities. This role will be responsible for performing testing indicated on the Internal Audit Program as agreed.
Duties and Responsibilities
Internal Audit Function
Working with the Audit Director - Internal Audit to
Experience in (i) risk assessment (ii) control & risk evaluation, and (iii) reporting. Ability to understand and assess the robustness of controls governing business processes.
To perform this job successfully, an individual should be able to perform each duty independently or as part of the team and/or display an aptitude for fast learning. The duties and responsibilities listed in this job description are demonstrable of the knowledge, skill, and/or ability for a candidate.
Qualifications
With over 20 years' experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.
Waystone Group Internal Audit's objective to consistently assess the adequacy and effectiveness of governance and management of risks, giving an evidence-based opinion on all aspects of governance, risk management and internal controls.
The Manager - Internal Audit plays is a supporting role to the Director - Internal Audit. Holding a position in the third Line of Defense, Internal Audit will perform risk based audit testing on Waystone entities. This role will be responsible for performing testing indicated on the Internal Audit Program as agreed.
Duties and Responsibilities
Internal Audit Function
Working with the Audit Director - Internal Audit to
- Assist in the recruitment of an Internal Audit Team to execute on the Internal Audit Testing
- Assist in the development of the 3 year Audit Plan to completion including an annual revalidation of Plan, to ensure that risks remain relevant and priority levels are the same
- Assist in the planning and execution of audit engagements and properly and adequately documents the testing from scope to report delivery.
- Assist in periodic and consistent Board reporting at both an Waystone entity level and to the Group Audit Committee
- Assist in bespoke investigations/reviews as required.
- Proactive engagement with stakeholders to expound, detail and comprehensively train key stakeholders on the Internal Audit Program/Framework
- Ensures that IT Internal Audit Tests/Reports are properly and adequately documented as agreed with relevant stakeholders
- Keeps the Director and auditee updated on the status of the audits and observations noted during the course of testing
- Produce Internal Audit Reports for approval by the Director - Internal Audit
- Follow-up action plans for corrective actions relating to audit findings or findings arising from other reviews.
- Responsible for keeping a knowledge base and skills required for the execution of the internal audit tests on regular basis,
- Prepares and monitors the work allocation to ensure team assignments based on requisite knowledge, skills and other competencies required to complete the audit testing,
- Provides appropriate instructions and guidelines during the execution of the audit assignment to achieve the audit objectives,
- Timely execution of work allocation to ensure audit testing is planned, executed and completed fully,
- Escalates issues that may arise during an audit testing to the
- Assist in the hiring of a new team initially involving recruitment, orientation and training of new employees
- Assist with the team planning, people management, evaluation processes etc. will be needed.
- Assist with the team's professional development to monitor the teams progress and performance;
- Agrees with direct reports on objectives and a professional development plan for measuring performance
- Executes an agreed set of objectives and a goals for measuring performance
Experience in (i) risk assessment (ii) control & risk evaluation, and (iii) reporting. Ability to understand and assess the robustness of controls governing business processes.
To perform this job successfully, an individual should be able to perform each duty independently or as part of the team and/or display an aptitude for fast learning. The duties and responsibilities listed in this job description are demonstrable of the knowledge, skill, and/or ability for a candidate.
Qualifications
- A bachelor's degree or significant experience in risk, compliance, audit or operations-based control function.
- Industry qualifications - CIIA or recognised accountancy qualification
- 5+ years' relevant experience in the financial sector with proven path of advancement.
- Excellent interpersonal and communication skills, both written and verbal.
- Excellent people management skills, and the ability to balance competing deadlines and stakeholders