Audit Operations Manager

Job Description Summary

Job Description

Audit Operations Manager

Fixed Term Contract until December 2025

Location:  Edinburgh (We believe in the power of in-person collaboration, and our hybrid model requires colleagues to be in the office a minimum of 40% of their time)

Salary: A competitive salary from £51,920 – £77,880 depending on the experience you can bring

Closing date: 22nd April 2024

We’re Aegon. We’re a company of around 2,000 innovators and thinkers who put our energy into helping customers. You can see this in our culture, where we ask everyone to be brave, raise their game, deliver first time, help others, and act in everyone’s best interests.  

We help people live their best lives. We help them with the big stuff, for the moments that matter: Pensions, Savings, Investments. At Aegon, we strive in creating a diverse organisation that plays a meaningful role in driving greater equity, inclusion and belonging.

The Internal Audit department plays a crucial role in ensuring the company operates effectively and responsibly. It provides expert opinions on the entire system of internal control, including risk management, which helps improve governance and decision-making across the business, including the Boards, Audit, and Risk Committees of various entities within Aegon.

The Job:

We are currently recruiting for an Internal Audit Operations Manager to join our team in Edinburgh.

In this role, you will be instrumental in supporting the Internal Audit function, working closely with the Chief Internal Auditor (CIA) and the leadership team in delivering our strategic vision and drive development of the function. As a direct report of the CIA, your responsibilities will be wide-ranging and varied, with exposure to all aspects of the function as well as the wider Global Internal Audit team. This includes delivery of regular/ad-hoc status reporting, supporting audit management and providing oversight of the audit planning process, producing accurate management information and data analysis, and other general operational tasks as required as well as play a key role in ensuring the team maintains quality standards in line with our methodology.

Within this role you will:

• Prepare high-quality monthly and quarterly reports to AUK Boards and Committees, delivering strategy-aligned insights to stakeholders. This includes coordination of all required inputs, creation of meaningful analysis, and preparation of drafts for the Chief Internal Auditor.

• Work with Group Internal Audit to maintain accurate MI and share insightful information as part of quarterly requests.

• Develop, implement, and maintain a comprehensive suite of KPIs and management information for audit management and the Chief Internal Auditor to support the operation of the Internal Audit team.

• Deliver Reporting to Aegon Group and participate in other Group initiatives, working closely with colleagues around the world to evolve Aegon Internal Audit.

• Oversee and coordinate the Audit Planning process, including updates to the Risk Universe, assessing and analysing capacity and resources for the new plan, and providing the first level of challenge prior to the CIA’s review.

• Act as a first point of contact for operational tasks, such as the annual policy attestation exercise, ad-hoc queries from the business or Group Internal Audit and external auditors.

• Deliver quality assurance reviews per the Internal Audit methodology and provide constructive feedback to the teams to drive delivery of high-quality and value-add audits. Where appropriate, tailor and delivery of training programmes to the wider team.

We’d love to hear from you if you have:

• Experience in preparing reporting for committees, boards, and Senior Management with strong attention to detail, providing business insights and supported by accurate data analysis.   

• Business acumen and detailed knowledge of developments in the financial services industry, and the changing economic environment.

• Strong project management skills to successfully coordinate and prioritise tasks as well as excellent organisation, planning and delivery of work

• Strong communication skills (written and verbal) as well as excellent stakeholder management skills.

• It will be great, but not essential, if you have knowledge and experience of Internal audit, risk and control methodologies, frameworks and best practices, and detailed understanding of International Internal Auditing Standards.

What’s in it for you?

• A non-contributory pension between 8%-12%

• A discretionary bonus, depending on personal and company performance

• 36 days leave per year (including bank holidays, pro-rated for part-time)

We also offer private medical cover, life assurance, critical illness cover, enhanced parental leave and a variety of lifestyle benefits to help our employees live their best lives, including retail discount vouchers, cycle2work scheme, subsidised restaurant and online GP appointments.

The legal bits

We’ll need you to confirm you have the right to work in the UK. If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing satisfactory references.