Audit Manager - Banking and Lending

2w2 weeks ago

RSM UK

London, GB · Full-time · £65,000 – £85,000

About this role

RSM is expanding its audit offering in the banking, building society, and lending sectors, focusing on both regulated and unregulated lenders. As an Audit Manager in our banking and lending team, you will lead the delivery of audits for lending clients with a strong emphasis on IFRS9.

You will manage a portfolio of statutory audits in the lending sector, ensuring compliance with firm procedures and quality standards. You will oversee and brief staff on assignments, provide training, liaise with senior client staff, and resolve key audit matters in consultation with stakeholders.

This leadership position includes developing and mentoring team members, supporting technical and training teams to build specialist expertise, and contributing to strategic growth initiatives while enhancing audit methodology. You will attend and present at client audit committees and board meetings, and support business development including scoping and pitching.

RSM offers a transparent, supportive culture with clear opportunities for career progression and professional development, making this an exciting time to join our rapidly growing service line. Within audit, we promote from within wherever possible and listen to your career goals and aspirations.

Requirements

ACA, ACCA, CA or equivalent qualification
Experienced Audit Manager with strong IFRS 9 expertise, particularly in accounting and auditing expected credit losses
Practical experience auditing ECL models for retail/consumer lending products such as mortgages, personal loans, credit cards, and consumer finance
Background in banking, commercial, or retail finance sectors, with ability to develop or enhance IFRS 9 audit methodologies
Proven leadership and project management skills, with experience leading teams and delivering complex assignments
Excellent interpersonal, communication, and presentation skills, with a collaborative and team-oriented approach

Responsibilities

Manage a portfolio of statutory audits in the lending sector, ensuring compliance with firm procedures and quality standards
Oversee and brief staff on assignments, provide training, liaise with senior client staff, and resolve key audit matters in consultation with stakeholders
Attend and present at client audit committees and board meetings, and support business development including scoping and pitching
Lead recruitment, line management, sector-specific training, and development of junior team members, while participating in industry organizations
Collaborate with national technical and training teams to enhance audit methodology and training on IFRS9 and other technical areas impacting lenders
Lead the delivery of audits for lending clients with a strong emphasis on IFRS9, particularly expected credit losses

Benefits

27 days holiday (with the option of purchasing additional days)
Long-term career development opportunities in a supportive and evolving environment
Lifestyle, health, and wellbeing benefits including financial tools, electric car scheme, and access to a virtual GP
Access to a suite of 300+ courses on demand developed by in-house experts