TN Frank

Responsibilities

• To provide a value adding service by leading the delivery of audit reviews of processes, controls and systems, within Prudential and across the other business units in the Group as required.
• Plan one or more audit assignments simultaneously. This will involve collating information on the area being audited including key systems, organisational structure, financial and budgetary information, any legal or regulatory requirements etc. The planning phase will involve dialogue and interviews with the management responsible for the area being audited. The Principal Auditor should then brief the audit team on their respective roles. The Audit Manager should also be kept informed on the evolution of the planning work.
• Document the key processes and associated controls being examined in the audit – the Principal Auditor would be involved in the more complex activities being reviewed. This will involve the use of flowcharts where necessary. The Principal Auditor should be able to complete a control and risk assessment matrix following their documentation of the systems and processes being reviewed.
• Review the working papers of Auditors on the assignment to ensure they comply with the agreed standards. This may involve drafting review points.
• Review, and amend as necessary, the testing programmes prepared by the Auditors.
• Perform testing as required.
• Review and approve testing working papers. Discuss findings and draft observations with the Auditors on the team.
• Draft the internal audit report for discussion with the Audit Manager and auditee management.
• Assist the Audit Manager in discussing and finalising the findings and observations with the management responsible for the activities being audited.
• Support the process of reviewing evidence of delivery against recommendations through to closure.
• Managing a team of Auditors within a matrix structure on an assignment basis, with responsibility for coaching and mentoring individuals and providing feedback on performance following completion of each assignment.
• From time to time, the Principal Auditor may be asked, at the request of Internal Audit Management, to participate in steering committees, project boards and/or other bodies as required.
• To promote GwIA and the service it provides by building strong and effective working relationships with senior management, other staff and external auditors.