Job description
This role offers you the chance to work in a high-profile environment that gives you the opportunity to influence at the highest level. Our team works in a fast paced, stakeholder focused, environment and has an unmatched opportunity to add value to a fast growing FTSE 250 Bank.
The role can be based from our Wolverhampton, Chatham or London office and there will be occasional travel between offices.
OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
What you will be doing:As Senior Prudential Audit Manger you will have extensive and wide ranging experience with the ability to interpret internal or external issues whilst recommending solutions.
- Delivering end to end audit activities within Group Internal Audit (GIA).
- Delivering quality risk-based, value adding audits and reviews on a timely basis in line with methodology:
Independently conduct internal audit assignments.
- Assist with co-ordination and execution on larger, complex or specialist audits including working with co-source where necessary.
- Discuss the findings of audit reviews with management on a constructive basis in order to develop practical, innovative and value-adding solutions to audit issues identified.
- Drafting high quality audit reports that are impactful, balanced and proportionate and address the root cause of issues.
- Applying technical expertise during the end to end audit process.
- Performing follow-up work ensuring management progress actions through to closure, validating they are appropriately resolved with supporting evidence or escalated in a timely manner.
- Developing and maintaining strong business relationships with prudential management and other control groups (Risk, Compliance, Legal).
- Performing business monitoring to ensure that GIA is aware of changes in business activities and objectives, and a necessary audit response is developed.
We offer a highly competitive base salary from £70,000 dependent on experience and a comprehensive benefits package including:
- Discretionary annual bonus opportunity of up to 15%
- 28 days annual leave plus bank holidays
- Contributory pension (8% employer 5% employee)
- Life Assurance (4x salary) plus Group Income Protection
- Access to Private Medical Insurance and Medical Cash Plan
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme
We are looking for talented individuals who have the experience and knowledge set out below:
- Demonstrable track record in in internal audit or prudential risk with experience in providing assurance over Credit Risk
- Strong experience of using data analytics to support audit delivery.
- Robust knowledge of risk and controls principles is essential.
- Specialist knowledge of the banking/financial services industry, including UK regulations applicable to prudential risk is essential.
- Strong knowledge of core mortgage, savings and other related products and the risks associated with these.
We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.
What to do next:OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.
As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.
All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.