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Project Lead - Audit Firm Supervision (AFS)

Location: CITY OF LONDON, LONDON, UNITED KINGDOM Salary: 60,600-60,600 GBP (UK Pounds) Per annum, inc Benefits
Sector: Business Support Job Type: Permanent
Shift Type: N/A Applications: 3
Posted: about 1 month ago Reference: X3-442017

A Large UK Public Sector Organisation are currently seeking a Project Lead (Audit Firm Supervision) to join their organisation based in the City of London in a permanent role with a salary of £60,600 and an excellent benefits package. 

We have recently set up our Audit Firm Supervision (AFS) function to enhance our forward-looking supervision of audit firms and increase our focus on identifying and prioritising what they need to do to improve audit quality and to hold them accountable for delivering it. Within AFS, Supervisors lead on our liaison and oversight of each firm, culminating in an annual public report and a detailed supervisory letter setting out the actions we expect that firm to take.

The Role:
We are seeking to build a team to develop and implement our process for PIE auditor registration. The AFS Project Leader will support the AFS Project Manager on the design, launch and ongoing operation of this new system.
The role involves:

  • Reviewing and assessing applications from firms and individuals seeking authorisation to conduct PIE audits, including gathering the requisite evidence and intelligence.
  • Drafting reports and management information for Supervisors, the Supervision Division and committees.
  • Working closely with external stakeholders to deliver an effective and efficient decision-making process.
  • Working alongside the AFS Project Manager and the AFS Supervisors, providing administrative and technical support.
  • Assisting with the maintenance, development and implementation of policies and procedures to deliver AFS’s strategic objectives.
  • Supporting the development and growth of the AFS team, and wider Supervision department. 

The Person:
This role will suit a highly motivated individual with experience working in the audit and/or regulatory sector. The ideal candidates will have:

  • Experience of work in the regulatory sector or similar.
  • An understanding of the audit market and the public interest aspects of audit work.
  • Experience of managing a large volume of casework, particularly as a result of an application process.
  • Experience of working in an environment where priorities may change, championing a positive attitude and taking responsibility for implementation and continuous improvement.
  • Experience of identifying risks and making proportionate decisions to mitigate them.
  • Ability to prioritise and work effectively under pressure whilst observing targets and quality standards – demonstrating resilience and ability to work independently or as part of an effective team.
  • Excellent written and oral communication skills including the ability to listen, assess and assimilate others’ perspectives, concerns and proposals openly and to convey persuasively to the organisation's perspectives, concerns and proposals.
  • The ability to write compelling but concise reports in plain English.
  • IT literate: comfortable using/interrogating online systems to input, extract and analyse data.
  • Capable of planning and organising their own work.


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