Senior Internal Auditor

Vida Bank provides competitive savings products through Vida Savings and specialist mortgage solutions through Vida Homeloans.

Our mortgage business supports Buy to Let (BTL) and residential borrowers (ROO) who find themselves underserved elsewhere. Our mortgage customers range from Buy to Let investors, to the self-employed and customers with multiple jobs.

Our savings proposition is delivered online via our website, and is focussed on providing savers with fair, transparent and competitive rates. Our typical customers are active savers, who tend to look beyond their current account provider for savings accounts.

Our business model and strategy are underpinned by our core purpose to ‘Help More People Find a Place to call Home’.

We are here to help the under-served, especially those with more nuanced personal circumstances or borrowing needs who are not able to access a mortgage from a mainstream mortgage lender. Working exclusively with intermediary partners, we combine cutting-edge technology with skilled and caring underwriting expertise to solve complex customer problems.

As a fully regulated UK based bank with ambitious growth aspirations, we recognise the importance of having a clearly articulated culture strategy and the need to actively manage how it embeds in the business together with the behaviours which exemplify it.

As a recognised Best Companies Top 100 mid-sized company to work for in the UK and a finalist at the Financial Reporter Women’s Recognition Awards, we take pride in our diverse workforce, championing both ethic and gender diversity through our EDI commitments.

Having met the target set by being a member of the HM Treasury Women in Finance Charter we have 50% of senior management roles filled by women.

With offices in London, Newcastle and Skipton, we bring our teams together regularly to collaborate and empower our colleagues to have more choice around when and where they work on the days they are not in the office, with colleagues working remotely in various locations across the UK.

We are proud to have built a culture founded on an ethos of caring, and that sits at the heart of our Vida Values, driving the way we run our business, support our customers and other stakeholders on a daily basis.

We genuinely care about delivering the right outcomes for all our stakeholders who we consider through the cultural framework as our customers, colleagues, company and communities that we operate in.

By Joining Vida you will have a sense of belonging in what is a diverse and collaborative environment, where you will be empowered to take responsibility for driving delivery.

We embrace a diversity of backgrounds and experiences in our people, in the deeply held belief that better outcomes are achieved for customers when our colleagues are better placed to empathise with and understand their unique circumstances. From application to interview, we place inclusion at the heart of all we do.

Role Overview:

This role, reporting to the Head of Internal Audit, will drive and support the delivery of Internal Audit activities across the organisation, to provide independent and objective assurance to the Board and Senior Management on the effectiveness of internal controls, risk management and governance across the organisation. The role holder will lead and execute audit engagements, provide insights to senior management, and contribute to the continuous improvement of internal audit methodologies.

Key Responsibilities:

• Driving delivery of the approved Internal Audit Plan through execution of end-to-end internal audit activities to an excellent standard, in line with relevant IIA Standards and guidance.
• Preparing clear, concise and well-articulated audit reports, and engaging with audit stakeholders to present findings and agree remediation activities.
• Conducting issue tracking and follow up activities and performing assessments to validate issue closure.
• Working closely with the Head of Internal Audit to further develop the in-house Internal Audit methodology, including to support with the development of approach for use of data analytics and artificial intelligence within the Internal Audit function.
• Liaising with key stakeholders across the business to promote continuous improvement of governance, risk management and control through effective challenge, and providing insight in support of business strategy and risk mitigation.
• Supporting the Head of Internal Audit with the preparation of Internal Audit reporting, including for Executive and Board-level Committees.
• Collaborate with other assurance functions (e.g., Risk, Compliance) to ensure a coordinated approach to risk management.
• Assisting the Head of Internal Audit with the co-ordination of any co-sourced internal audit activities.
• Attendance at key governance fora in an observational capacity.

Requirements:

• High standards of personal conduct, ethics and integrity, with strong attention to detail.
• Experience of operating in a third or second line of defence role and / or delivering Internal Audit work through a professional services organisation (5 years+), ideally within the banking or financial services sector.
• Bachelor’s degree in accounting, finance, or a related field, and / or relevant professional qualification (for example ACA, CIA, ACCA).
• Good knowledge of the Financial Services regulatory environment, with previous experience of auditing either Technology or Prudential risks being desirable.
• Experience of use of data analytics within audit work and / or use of artificial intelligence within audit activities is desirable.
• Able to work with both low levels of detail and a ‘big picture’ organisation-wide perspective and think critically.
• Ability to work within a complex, dynamic environment, both anticipating and responding to change.
• Excellent people skills, with great written and verbal communication skills, and the ability to effectively influence.
• Ability to multi-task, self-manage and prioritise is essential, but applies good judgement in knowing when to consult.
• Embraces continuous learning and development, fulfilling agreed objectives and personal development plans.

Our values are well established and recognised throughout our organisation. They provide a frame of reference for the behaviours expected from our colleagues every day.

We find ways to break old conventions, especially those which cause exclusion or customer harm. We look for these qualities when hiring new talent into the organisation, and they underpin our approach to personal development and performance management for all our people. At the heart of this is the fact we care about our Customers, Our Colleagues and our Communities. We are:

Visionary - We innovate and break old habits, thinking big and pushing boundaries together as one team

Inclusive - We value each other’s differences and work to see people for who they really are

Dynamic - We are flexible and fast, cutting through complexity and never accepting second best

Authentic - We are honest and genuine, what you see is what you get

We offer a comprehensive benefits package to support our employees’ professional and personal needs. Further details can be provided upon application. 

To apply for this role please email your CV to careers@vidabank.co.uk.