Delegated Authority Audit

Our client is a global financial markets trading company in London looking for a Senior Credit Controller Reinsurance Accounting Technician. Salary: £60,000 - £71,500 per annum.

We are looking for a graduate with a Degree in Accounting.

• Organise audits of all outsourced service providers to whom the company delegates authority, including audit preparation, on-site fieldwork, drafting audit reports and tracking closure of audit findings.
• Provide independent, unbiased assurance and validation that OSPs are operating as expected and complying with contractual and regulatory requirements.
• Plan, organise and carry out audits both onsite and remotely, travelling as required and following the agency audit plan.
• Report and make recommendations on the systems and procedures being reviewed, monitor management's response and facilitate implementation.
• Preparation and delivery of audit reports.
• Identify any risks arising from agency audits and ensure appropriate remedial action is communicated and taken.
• Maintain the audit tracker and full audit records and evidence of testing work undertaken.
• Escalate overdue audit findings.
• Assist with annual audit planning and reporting to relevant management committees.
• Work alongside other business units or external resources on specialist ad hoc audit projects.
• Carry out due diligence/onboarding processes to ensure the suitability of potential new business partners and report findings.
• Provide support to colleagues or other business units or external resources for ad hoc requests or longer term projects.

• Graduate with a Degree in Accounting.
• Strong delegated authority background and experience with underwriting, claims, product distribution, finance, reporting, IT, governance and compliance.

Benefits: highly respected insurance organisation, hybrid work environment, generous benefits package including bonus.