15 Oct
TLT
Hotwells
TLT are looking for an Internal Auditor to join the internal audit team which is an autonomous function of the Risk and Compliance Team based in Bristol or London
The internal auditor will be responsible for auditing internal processes and procedures to support the firm’s regulatory compliance in the flowing areas:
- Anti-Money Laundering policies;
- FCA Handbook compliance;
- Data Privacy processes
- SRA Standards and Regulation
Your Role
Responsibilities will include:
- Assisting in the identification and planning of audits.
- Reviewing the risk register and incident log to identify areas that require further attention from internal audit.
- Planning own workload to meet agreed audit schedules and other work priorities
- Gaining a detailed understanding of the business sectors and support teams and build close working relationships with partners and staff at all levels
- Undertaking internal and third-party audits according to pre-defined auditing processes and tools for; AML, FCA, SRA and DPA related work. This will include auditing of client matters together with internal policies and procedures. Also other audit requirements across the firm such as those associated with ISO standards, team workload audits, governance audits, information security audits, quality audits and other regulatory audits as required.
- Identifying and recording any regulatory breaches and non-conformities to certification standards. Ensure reportable breaches are reported to the Risk Director.
- Producing audits reports and agreeing audit results with appropriate TLT partners/fee earners and dealing with any audit findings disputes
- Keeping the Risk Director appraised on progress of audits and any issues arising
- Following up on audit actions to completion where necessary
- Assisting and undertaking staff awareness training
- Making ongoing recommendations on improvements to the auditing processes
- Assisting in the coordination and planning the implementation of any other certification standards that TLT may feel appropriate to support/protect its business and to the benefit of its clients.
- Keeping abreast of developments in the Solicitors handbook including the Solicitors accounts rules and certification standards
- Keeping abreast of all current and emerging legal, regulatory, governance, auditing, accounting and financial reporting standards.
Your Skills and Experience
Key experience required:
- Experience of undertaking internal and third party audits covering regulatory governance and controls preferably in a law firm or other regulated business such as a bank or financial services company.
- An ability to understand the requirements of the business and produce/review/monitor compliance with processes and systems.
- An ability to assess information, systems and processes against the requirements of key regulators such as the SRA, FCA, SRA and ICO.
- An ability to understand key regulatory concepts such as the AML and financial hygiene and the internal firm policies which reflect these.
- An ability to write effective audit reports and deliver presentations on audit findings making recommendations to improve the efficiency and effectiveness of TLT's internal regulatory controls.
- Communicate effectively and fluently with partners, managers and staff,
including the ability to explain complex technical issues in terms that non-technical partners, managers and staff will understand.
- Results orientated with excellent verbal, written communication and interpersonal skills together with the ability to interact professionally with partners/directors, managers, staff at all levels and subject matter experts.
- Preferably a background in a law firm or other regulated profession and experience in an internal audit or governance role.
- Preferably experience of auditing against regulatory and governance controls and an understanding of the legal requirements that sit behind such controls.
- Have an excellent attention to detail and the ability to spot anomalies in process and data sets
- Have a risk based and pragmatic mindset with the ability to see risk within the wider organisational context.
- Ability to pick up new information up quickly and to assess information system processes, systems threats, vulnerabilities and risks.
- Open, honest and professional, able to keep information confidential and sets an example to others
- Understanding of the principals of risk assessment and management, including operational risk as well as compliance monitoring and reporting.
- Confident in the use of IT syst
▶️ Senior Internal Auditor
🖊️ TLT
📍 Hotwells