.Details of required roleFunctional Title: Group Audit CFO - Principal Audit ManagerProfession: Internal AuditPosition Role Reports to: Chief Auditor CFOLocation: MadridCorporate Title: VPRole DescriptionThe Group Audit CFO team are responsible for global coverage of CFO (Finance and Treasury), in addition to the CRO functions of Liquidity Risk Management and Valuation Control. The current team is comprised of approx. 50 FTE's based in 10 locations (London, Frankfurt, Jacksonville, New York, Singapore, Bonn, Milan, Manila, Mumbai and Pune) with a Principal Audit Manager based in 5 of these. As a result of a planned increase in the size of the CFO team we are establishing a new CFO audit delivery team based in Madrid.This team will report locally into this newly created VP Principal Audit Manager, who will report directly into the CFO Chief Auditor based in London. The Principal Audit Manager will be responsible for the planning, staffing, risk assessment and delivery of audits for certain components of the global CFO function.Role Responsibilities and Tasks- Responsible for the delivery of audits (including the global audit plan and business monitoring process).- Contributing to functional planning of the audit plan related to own area of responsibility; adjusting the plan and advising any changes to the Chief Auditor.- Delivering and sustaining own and team performance against key objectives in the context of functional strategies.- Providing input to the risk assessments, audit plan and approaches.- Approving audit work papers and ensuring that they meet the Audit methodology and quality standards.- Determining team involvement and individual responsibilities for each audit.- Reviewing and providing expert opinions on action plans provided by clients, helping them develop robust remediation plans.- Responsible for issuing audit reports with "Satisfactory" grades. Reviewing all other reports prior to review by the Chief Auditor.- Approving the closure of Significant and Important audit issues in line with GA methodology. Responsible for ensuring that testing conducted to assess design and operating effectiveness of controls at the time of issue closure validation is comprehensive and adequately documented.- Partnering with relevant Regional Heads on a timely and effective basis regarding matters affecting their region.- Communicating the Banks/divisional strategy, plans and values within their teams and ensuring understanding and alignment.- Presenting complex and sensitive messages (such as audit issues) comprehensively, professionally and reducing complex topics to simple statements.- Conducting exit meetings for all FTE staff members that leave the team (internal GA transfers, internal bank transfers and bank leavers).- Key points raised during the exit meeting are documented and shared with relevant Chief Auditor.- Keeping abreast of pertinent industry, regulatory and business practices