Associate Director, Pensions Auditor

  • Negotiable
  • Tadworth, England, United Kingdom
  • Permanent, Full time
  • Fidelity International
  • 14 Feb 19

This is a critical role within the business audit team, managing the delivery of a suite of audit assignments covering Fidelities Pension (WI and DC) businesses and other related functions to verify that these activities are effectively controlled and that risks are mitigated. In addition, the role will provide support and subject matter expertise to other audits across the global audit team to ensure effective coverage of pension regulatory risk.

Job Description

Title: Pensions Auditor - Associate Director

Department: Internal Audit

Location: Kingswood, Surrey

Reports To: Internal Audit Director

Our Values

All of our people must be able to demonstrate affinity with the Fidelity core values:

Innovation - Being willing to experiment and try new and better ways to serve our clients.

Integrity - Taking personal responsibility for always acting in the best interests of our clients.

Excellence - Striving to be the best while knowing we can always be better next time.

Our Behaviours

All of our people must be able to operate in accordance with our behaviours:

Commitment - We are committed to our clients and proud to work for Fidelity. We push through obstacles to make things happen; we make decisions quickly and thoughtfully. We are individually committed to building a culture of excellence.

Collaboration - We collaborate with colleagues, seek alternative views, invite different ideas and always challenge traditional thinking. This approach allows us to create a whole that is much greater than the sum of its parts.

Client Focus - We are expected to, and measured on, our ability to put our client first. We go the extra mile to understand their needs and strive to exceed their expectations. We listen carefully, we communicate clearly, and we're quick to respond. We're respectful of the trust placed in us to manage their money.

Department Description

Internal Audit is an independent Group function that reports directly to a non-executive Senior Advisor and to the Group Audit and Risk Committee. Our mandate is to examine and critically evaluate the effectiveness of the Company's internal controls and governance systems, as well as the adequacy of, and compliance with, regulatory obligations, internal strategies, policies, processes and reporting procedures. In addition, we help management and the Board to fulfil their oversight responsibilities through effective challenge to help them identify, assess and commercially manage the Company's risk.

Using a risk based methodology; our annual audit plan is developed in consultation with FIL management to include audits of specific business areas as well as thematic and emerging risks through participation in new initiatives and systems developments.

Internal Audit staff have extensive experience in assurance functions and/or various FIL business units and relevant professional qualifications.

The Group Internal Audit function is based in the UK, Luxembourg, Germany, India, Hong Kong and Japan.

Purpose of your role

This is a critical role within the business audit team, managing the delivery of a suite of audit assignments covering Fidelities Pension (WI and DC) businesses and other related functions to verify that these activities are effectively controlled and that risks are mitigated. In addition, the role will provide support and subject matter expertise to other audits across the global audit team to ensure effective coverage of pension regulatory risk.

You will be required to participate in the planning and oversee the execution of audit assignments in line with the FIL audit methodology, producing audit findings and draft reports for presentation to Senior Management. In addition you will be required to represent IA on a number of governance forums for the WI/DC business and monitor the changes to risk profile on an ongoing basis.

Key Responsibilities

  • Assist the Audit Director in setting strategy for appropriate coverage of the portfolio of corporate audits.
  • Work autonomously to deliver a suite of planned audits to time and budget.
  • Oversee and define scope for audit projects.
  • Manage audit staff and perform work paper reviews to ensure appropriate coverage and quality.
  • Identify areas in need of improvement and liaise with management to develop an action plan.
  • Responsibility for ongoing relationship management with key stakeholders and development of subject matter expertise.
  • Contribute to the maintenance of the audit universe.
  • Continuously develop your own technical, commercial and personal skills.

Key Competencies

  • Ability to communicate clearly and concisely at all levels
  • Detailed knowledge of regulation applicable to the pension business and a moderate understanding of broader asset management and platform distribution business
  • Knowledge of risks and controls associated with pension products and services
  • Broad knowledge of the pension industry and landscape
  • Ability to build strong relationships and influence senior stakeholders
  • Good analytical and problem-solving skills
  • Ability to manage auditors as part of a team-based review
  • Ability to perform varying assignments across more than one discipline
  • Excellent organisational skills
  • Attention to detail
  • Excellent presentation and report writing skills
  • Delivery focus with an ability to work to tight deadlines
  • Flexible, adaptable and ability to respond effectively to changing business needs

    We are committed to being an inclusive and diverse company to work for and strive to create a culture where flexible working is encouraged so that we retain and attract the best talent. As us about our New Ways of Working that offer working patterns that suit both individual and business needs.