Head of Audit

ING Luxembourg is looking for a Head of Audit, that will work closely with the management, with other senior business and technology stakeholders to define and implement the local strategy. As a Head of Audit, you will lead a team which has the same or related purpose to apply a global assurance program of audit work providing high-quality value-added responses contributing to the improvement of ING’s operations, processes, and controls worldwide, based on the principles of independence, objectivity, and due professional care. Partners at all levels of the organization to develop, implement and execute organization-wide audit policies that assure effective, efficient, and compliant procedures are followed. You will report to the CEO and work closely with the functional line.

Mission:

• You will oversee and conduct financial audits to assess the accuracy and integrity of financial information

• You will rigourously evaluate internal controls related to financial processes and recommend improvements

• You will ensure compliance with accounting standards and regulatory requirements, keeping the bank safe and compliant

• You will lead, and mentor a high-performing internal audit team

• You will provide guidance on audit methodologies, techniques, and best practices

• You will communicate audit findings, recommendations, and risk assessments to senior management and to different committee

• You will participate in the development of corporate project and strategy for the local organization by managing the stakeholders and group requirements but with a local adaptation

• You will cover both risk and business aspects, across the 3 lines of defence and ensure a monitoring & report on progress

• You will coordinate with coordinate with external auditors and regulators if needed

• You will be responsible to develop and oversee the implementation of an annual internal audit plan based on the organization’s goals, objectives, risk profile, and compliance status

• You will conduct and supervise audits of various business activities, processes, controls, structures and records to verify their accuracy, integrity, efficiency, and compliance with policies, procedures, and regulations, i.e. to evaluate and improve the effectiveness of risk management, controls and governance processes

Who we are looking for?

A colleague with a talent for taking it on and making it happen, enthusiasm for helping others to be successful and a knack for always being a step ahead. In other words, you strive to enter client dialogues and to explain them complex solutions in an understandable communication. You are a naturally collaborative person who listens and invests in others to achieve common goals. You love to question the status quo and are eager to propose creative solutions to problems.

• More than 15 years of work experience in audit and/or risk management and in people management and their development

• Experienced in strategic management and leadership across company functions directing substantial resources over long time frames

• Proficient understanding of banking and internal audit processes, including identifying and evaluating key risks, setting the audit scope, developing audit testing, and managing audit assignments

• Strong understanding of regulatory environment

• Ability to provide assurance on the Risk & Control environment. This includes keeping the Audit Universe aligned with the organisational developments and global CAS approaches for creating and executing the annual audit plan

• Ability to perform, coordinate, and report on internal audits, evaluating the risks and controls of a variety of end-to-end processes

• Responsibility for a specific part of global audit universe acting as a Global Subject Matter Expert (GSME), maintaining standard audit guidance up to date, advising on audits conducted in the relevant area of expertise, and sharing relevant information around the global CAS organisation

• Ability to stay up-to date on strategic and regulatory developments, creating awareness on audit issues identified and keep stakeholders aligned with the activities in the world of audit

• Strong analytical skills to identify the areas of focus within the banking strategy and individual audits

We offer you  

A clear purpose, a unique offer and a range of flexible compensation and other benefits:

• A stimulating environment with lots of learning opportunities

• Personal growth & challenging work with opportunities to realise your ambitions

• An informal, dynamic environment with innovative colleagues supporting your endeavours

• A progressive and agile way of working, where new ideas are valued ahead of convention

Furthermore, within our department, you can count on a range of opportunities to invest in your personal and professional growth with:

• Experience to be fully immersed in a very diverse and dynamic team, full participation in tackling our collective challenges

• Experience to work in a dealing room and monitor the market closely as it happens

• Experience an international environment and collaborate with colleagues across the globe

• On-the-job training to translate theory into practice, learning from highly experienced professionals

We redefine banking. What about you?

There has never been a more interesting time to work at ING. We’re on a journey that’s centred around our customers, powered by technology and driven by smart, determined people. Our customers feel our people are empowering them to stay a step ahead in life and in business. We’re proud of that!