Demand for banking internal auditors has stalled
Against expectations demand for internal auditors held up throughout 2008. That has changed and while internal audit is still a politically sensitive area demand has fallen and redundancies have risen. Senior members of audit staff appear to have been particularly badly hit at a time when the number of vacancies at this level have fallen disproportionately.
Often redundancy packages are offered which employees feel obliged to take as the threat of being made redundant shortly afterwards with a less generous offer is real. Vacancies are presently concentrated in a limited number of major banks.
There will always be potential options for strong candidates particularly if they are professionally qualified and have deep technical banking knowledge. Capital markets and investment banking knowledge are still in demand not only for investment banking audit roles but also because such people are considered to have very transferable skills for other banking areas.
The banking internal audit market is set to remain problematic for the rest of 2009. Whilst it is too soon to predict when more comprehensive demand will return, we are hopeful for the first quarter of 2010.
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| Senior Auditor |
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| £24-35,000+flex bens North of England |
Our Big 4 client is looking to recruit an experienced internal auditor to work on a range of internal audit and risk management reviews for commercial and financial services clients across the north of England.
Your role will involve expo.... more details |
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| Senior Internal Auditor |
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| CHF115000+Bonus+Bens Zurich |
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Barclay Simpson’s client is an international private bank. We require an experienced qualified internal auditor to join a highly experienced internal audit function to assist the Chief Internal Auditor in providing an independent review and evaluatio.... more details |
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| Business Audit Manager |
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| £65-75,000 London |
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This well known asset management company is a subsidiary of a global financial services powerhouse. It has a vacancy for a business auditor. You will work as part of a small team reviewing all asset management and hedge fund businesses within the Gro.... more details |
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| Trainee Banking Auditor |
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| £50-60,000 London |
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This international investment bank has a class leading training regime and is looking to recruit internal auditors who have excellent academics, are qualified accountants (ACA /ACCA/CPA) and can demonstrate exceptional performance in their career to .... more details |
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