Our client, a highly reputable niche bank, seeks a Chair of Audit to provide appropriate oversight, scrutiny, challenge and leadership to an established executive team and support and counsel the internal and external auditors to ensure the Bank meets its legal obligations and performs against shareholders’ expectations. The individual will set and lead the Audit Committee’s agenda, supporting professionalism throughout the organisation and ensure effective communication with management and the Board is maintained.
We expect that the successful candidate will currently be sitting as a Chair of Audit and/or Non-Executive Director and have worked within a UK-regulated financial services firm, and are currently, or have previously, been approved by the UK regulator. Furthermore, the individual will need to be a qualified accountant with recent and practical experience of current accounting practices, be able to evidence high-level knowledge of technical internal auditing, and possess in-depth understanding of the principles and practice of good corporate governance.
Candidates must possess the gravitas, independent judgement and tenacity to inspire confidence, challenge executive thinking and communicate with clarity and integrity.