Assistant Manager - Internal Audit, Risk & Compliance

Cambridge, United Kingdom
16 Feb 2019
28 Jun 2019
Job Role
Risk Analyst
Job Type
AutoReq ID


Job Title

Assistant Manager - Internal Audit, Risk & Compliance


United Kingdom




Risk Consulting

Service Line


Service Line Information

KPMG Overview

KPMG is part of a global network of firms that offers Audit, Tax & Pensions, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients' most critical challenges.
With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

Job Description

The Team

KPMG's Internal Audit, Risk and Compliance Services (IARCS) practice within National Markets is an area of the firm with tremendous growth potential as proven by recent significant wins. It provides services relating to internal audit, internal control, corporate governance, risk management and related assurance and advisory projects. Clients are based in both the private and public sector and our services deliver added value to clients through the use of modern control assessment, risk management and audit techniques focusing on strategic, management and operational issues as well as financial management and reporting controls. We also work closely with other consulting teams including our colleagues in Technology Risk and Cyber Risk to ensure our clients receive the best possible advice and assurance.

Within IARCS, we have an opportunity for an Assistant Manager based in the National Markets team in the Norwich/Cambridge office.

The Role

As an Assistant Manager in IARCS there will be opportunities to work on a variety of engagements for our clients covering the spectrum of services that we provide including:
- Reviewing and establishing internal audit functions
- Assurance mapping
- Creating annual audit plans for clients
- Providing internal audit services on both outsourced and co-sourced contractual basis
- Managing and directly delivering individual and/or a programme of internal audit projects which includes planning, review, quality assurance and reporting
- Working with client's in house internal audit function to supply specialist or additional resource needed
- Process improvement projects
- Risk management, governance and internal audit advisory services
- Risk identification workshops and control reviews
- Delivering control and risk training
- Managing and reviewing internal control questionnaires
- Corporate governance reviews
- Contract compliance audits
- Assessing effectiveness of internal audit functions, audit committees and boards
- Sarbanes Oxley advisory services and delivery
- Working with members of other KPMG advisory teams
- Secondments to clients to assist with specific projects
- Delivering specific advisory projects
- Business development, responding to RFPs, developing product propositions and proposal development


- Assisting management to retain responsibility for a UK-wide portfolio of clients, maintaining relationships with senior KPMG and client staff and is responsible for the financial performance and delivery of these accounts
- Demonstrating a detailed understanding of how current and emerging legal, regulatory, governance, risk management, auditing, accounting and financial reporting standards affect their clients
- Understanding and assisting managers to undertake KPMG's internal risk management and client engagement management procedures including client acceptance, continuance and engagement procedures
- Keeping up to date with all industry specific issues and circumstances which affect your clients
- Developing internal audit strategies which address all internal audit, client service and project management issues, in accordance with the KPMG internal audit methodology
- Delivering against those audit strategies
- Recognising where specialists are required and involving other KPMG staff, managing their input to the client
- Reviewing the audit evidence obtained ensuring it is sufficient in line with IIA and PSIAS Standards and KPMG methodology
- Conducting meetings with clients to explain audit findings and drafting and reviewing reports
- Reporting to partners/directors all salient points arising from assignments
- Assisting management to produce quarterly Audit Committee papers
- Assisting management to set budgets for engagements and monitoring delivery against the budget
- Ensuring work in progress is monitored and controlled with fees being raised promptly
- Identifying and exploiting additional fee billing possibilities
- Planning and allocating staff resources to fulfil business requirements
- Setting objectives with the team, and providing support and feeding back on performance
- Providing coaching and training to KPMG staff on risk management and internal audit methodology
- Identifying and developing new opportunities for KPMG to work with clients and targets
- Writing tender documents and presenting at proposals Assisting partners in general business development
- Event management - Assisting with the organisation of internal events for clients (e.g. internal audit breakfast sessions)
- Overseeing the preparation and dissemination of monthly thought leadership updates for clients

Qualifications / Skills / Experience:

- Qualified (IIA, CCAB, ICAEW or equivalent)
- Strong understanding of risks, processes and controls
- Private, public sector and/or professional services experience
- Experience of Higher Education, Health and/or Housing would be highly beneficial
- SOX testing experience would be beneficial
- Experience overseeing and conducting fieldwork for internal audit, external quality assessments on internal audit functions and/or risk management engagements
- Experience of being the main or secondary client contact for engagements and dealing with day to day interactions at FC / FD level (i.e. stakeholder management)
- Experience of managing subject matter in conducting audits for regulatory compliance and IT audits
- Effective report writing
- Strong project management

Personal Attributes:

Demonstrable commitment to developing career in governance, risk and advisory space within a high-performing professional services firm:
- Commercial awareness
- Solid interpersonal and facilitation skills
- Mobility / flexibility
- Drive and resilience
- Self-motivation
- Team player
- Curiosity and interest
- Client service mind-set

Our Deal

Flexible Working

Our employees have many varied work schedules to suit their individual needs!

Our intelligent working options range from role sharing and flexible start and finish times, to home working and more informal arrangements agreed within teams.

Check out examples of KPMG employees enjoying different working patterns on our website and please do share your own individual requirements with us.

Applying with a Disability

As a member of the Business Disability Forum we're committed to ensuring a great experience for colleagues with a disability. Should you be successful after the initial application stage, please discuss any adjustments that you may require with your recruitment contact.

KPMG's commitment to diversity

We are proud of the value we place on individuality. We want you to bring your full self to work and maximise your potential. KPMG is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation and socio-economic background.

Policy for Agencies

KPMG has a commitment to sourcing candidates directly and as such we do not accept speculative CV's from agencies. Please check here to see our policy on agencies: Policy

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