Head of Audit - Banking Lisboa

Head of Audit - Banking
Lisboa
Lisboa, Lisboa, Portugal

Investment Banking is looking for a Head of Audit.

Sobre o nosso cliente

The Head of Internal Audit is responsible for overseeing the internal audit function at the Bank, ensuring an independent, objective assurance and advisory service that aims to add value and improve the organization's efficiency, compliance with regulations, and adherence to internal rules based on the Group's audit guidelines. As the third line of defense, internal auditing plays a crucial role in evaluating and improving the effectiveness of governance, risk management, and control processes.

The Head of Internal Audit leads the department by setting objectives, defining strategies, and translating corporate goals into actionable plans. Additionally, he/she will manage and guide the team by supervising the audit work, establishing performance targets, monitoring results, and providing feedback to optimize efficiency.

Responsibilities of this position also include planning and managing annual resources, budgets, and activities, as well as representing the audit unit before external regulators and auditors. The internal audit function covers all business lines, processes, and transactions within the bank, ensuring continuous improvement of the internal control framework and governance structure.

Principais responsabilidades

1. Supervising the team, reviewing work, and ensuring audits align with the established plan or special audits requested by the supervision bodies, by applying the guidelines and methodology of the Internal Audit;
2. Conducting risk assessments to update the Multi-Year and Annual Audit Plan;
3. Leading discussions with management regarding audit findings, recommendations, and implementation plans;
4. Approving audit reports and monitoring the implementation of recommendations from internal and external auditors;
5. Reporting audit results to the Management Board, Supervisory Board, Audit Committee, and Group Audit of the shareholder;
6. Conducting quality assessments of the audit work to ensure it meets the highest standards of accuracy, compliance, effectiveness, and methodological adherence;
7. Managing the internal audit planning, budgeting, and departmental expenses;
8. Guiding the development and updating of the audit methodology, mapping of business processes and related risks, as well as working papers;
9. Ensuring audit methodologies and programs align with best practices and regulatory requirements;
10. Conducting staff performance appraisals, planning training programs for team development, and providing coaching to the audit staff;
11. Representing the Internal Audit department in meetings, events, and committees, including regulators and external auditors;
12. Leading the department's processes of staff hiring, promotion, and dismissal, submitting proposals to the appropriate levels of authority.

Perfil desejado

1. Bachelor's degree in business administration, Accounting, Economy or equivalent;
2. Experience in Banking or Financial Services Audit in Portugal;
3. Strong knowledge of banking products & processes, systems, risk management, and accounting;
4. Strong knowledge in regulatory framework;
5. Strong knowledge in Strategic-Tactical-Operational planning and budgeting;
6. Strong knowledge in Statistics and audit tools;
7. Strong knowledge in ICT audit programme in accordance with DORA regulation.

Benefícios adicionais

A good opportunity for your professional growth.