Internal Audit Manager

Company Description

At Octopus, we’re entrepreneurs and we’re investors, on a mission to back the people, ideas and industries that will change the world.

We think working here is great, but we’re understandably biased. Click here to explore Life at Octopus.

Job Description

What’s in it for you?

You will support the Head of Internal Audit with running the day-to-day audit function by completing internal audit reviews as well as providing input on the annual internal audit plan and strategic direction of the team. You will continue to develop our internal methodologies and approach to internal audit and look to position yourself as a risk and controls expert across a broad range of topics. You need to hit the ground running and begin adding value in audits within weeks of arriving. You will need to form key partnerships quickly and will work with a varied group of stakeholders at all levels (including at C-suite and Board level).

The team:

You will be joining the established Octopus Capital internal audit team and performing internal audit reviews across all parts of the Octopus group. We are a team of three who work closely together to share knowledge and insight and there is the opportunity to perform reviews across a variety of risk areas and products.

Collaborating with stakeholders across the business, internal audit at Octopus takes a risk-based approach that supports the commercial aims of our entrepreneurial business with a focus on business partnering and advisory rather than a tick-box-based approach to audit.

What will you be doing?

1. As an audit manager, you will take ownership of the end-to-end audit process from design and scope through to delivery and reporting, including determining the scope of audit reviews, reviewing the design and effectiveness of internal controls, conducting audit testing with precise and legal documentation, and quantifying risks to make recommendations.
2. Working with stakeholders to ensure accurate, appropriate, and timely reporting both verbally and via comprehensive and complete audit reports that position internal audit as a valued and respected department across Octopus.
3. Ownership of the internal audit issue tracker to ensure that recommendations are being implemented by the business in a timely manner.
4. Identifying emerging industry and regulatory issues and assessing their implications, as well as adopting innovative technologies and methods that improve the efficiency and effectiveness of the audit process.
5. Exercising individual judgment and initiative when deciding audit coverage, sources of information, and severity of issues.

Qualifications

Ideally, you’ll have:

• Qualified accountant (ACA, ACCA, AAT, CIMA) looking for a unique and exciting first or second move into industry. A relevant internal audit or similar qualification (CIA, CISA) would also be preferred.
• Proven internal audit and related work experience at increasing levels of responsibility, including exposure to the financial services sector and an understanding of core regulatory requirements.
• An understanding of IT/Technology risk and controls either through a 1st, 2nd or 3rd Line role would be preferred.

We encourage you to apply even if you don’t tick every box. What’s the worst that can happen?

This role will evolve as we grow and develop. So, if you are looking for a challenge in a fast-paced and dynamic business, we can deliver on that.

Additional Information

What we offer:

• A competitive salary, bonus, pension, and share incentive plan.
• Untracked holiday.
• Hybrid working – our people spend 3 days a week in the office.
• Anchor (our wellness hub) which includes Headspace, one-to-one coaching through Wellness Cloud, Digital GP, Shout & more.
• Up to 6 months paid parental leave regardless of gender.
• Life insurance, critical illness cover, and income protection.
• Private medical insurance for you and your family.
• Electric vehicle leasing.

Our Values

At our core, we believe that how a company behaves is just as important as what it does. That’s why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests of all our stakeholders – employees, customers, communities, environment, and shareholders – are considered in every decision we make.

We are committed to building a workplace where diversity is valued, and inclusion is a priority. By providing equal opportunities for growth and development, we embrace and celebrate all races, genders, religions, sexual orientations, ages, disabilities, and socio-economic backgrounds. We believe teams achieve their best when every member feels safe, respected, and empowered to be their authentic selves.

We're proud to be disability confident and are committed to supporting candidates with a disability, including neurodiversity and mental health conditions, throughout the recruitment process. Applicants are welcome to opt-in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process, we’ll be happy to accommodate where possible.