Internal Audit Manager, Sova Capital Limited

Internal Audit Manager, Sova Capital Limited

Role Description:

The Manager, Internal Audit, will support the Chief Internal Auditor to implement the ongoing development initiatives of the Internal Audit framework, and ensure that good practice principles are prevalent across all aspects of the internal audit and assurance process. This will involve input to the development of the Internal Audit Plan (‘the plan’) and delivering against the plan in an effective and timely manner.

The Manager, Internal Audit has a direct reporting line to the Chief Internal Auditor for day-to-day operational matters. The Manager, Internal Audit may be required to delegate for the Chief Internal Auditor or Senior Audit Manager on occasion.

Key Responsibilities will include:

- Assisting the Chief Internal Auditor in all aspects of their work
- Assisting with development of the Internal Audit Plan through direct input, as well as insights and perspectives relating to current business, industry and regulatory risk factors
- Identifying and assessing current and emerging risks, themes and trends and maintaining the audit risk universe and related risk assessments
- Undertaking audits to examine and assess the adequacy and effectiveness of the Group’s risk management procedures, internal controls systems, information systems and governance arrangements
- Managing and executing audits, including the oversight of the work of more junior auditors, relating to the Group’s business functions and related activities, including those relating to the Group’s books and records including management information. And, in the course of those audits, assessing controls which may be impact upon the accuracy and integrity of financial statements, management information and other accompanying/complementary statements, upon which the external auditors provide their opinion
- Managing and executing audits, including the oversight of the work of more junior auditors, to examine and assess the adequacy and effectiveness of the Group’s risk management procedures, internal controls systems, information systems and governance arrangements, including those operated by 1LoD and 2LoD
- Undertaking advisory activities in relation to key projects and other initiatives undertaken by our business, its management bodies and/or heads of the various business units
- Performing special investigations, reviews and assessments initiated by the CEO, members of the Board of Directors and senior management
- Proposing appropriate/proportionate recommendations to address risks or control weaknesses identified, or where process and/or cost efficiencies are identified; and ensuring the appropriate and timely implementation of agreed recommendations
- Ensure that good working relationships are maintained with all key stakeholders, including external auditors, regulators, business unit heads and other management colleagues
- Promoting risk and control awareness throughout the organisation, including the potential for fraud, sharing good practice and encouraging continuous improvement
- Producing periodic reports on Internal Audit activity for Audit Committee and senior management


Qualifications/Skills and Competencies:

- Professional Auditor with several years of audit experience (ideally 3 or more years post qualification experience) gained within the financial services sector, particularly investment banking (trading) and brokerage Groups, or from an internal or external audit practice
- ACA, ACCA, CFA, IIA or equivalent qualification with a good understanding of international audit standards
- Demonstrable knowledge of all aspects of audit engagement, including planning and risk assessment, examination and fieldwork (including testing and sampling methods), reporting and follow-up of audit actions
- Strong written and verbal communications skills, including the ability to write clear and concise audit reports and effectively express verbal and written viewpoints to different levels of management
- Excellent understanding of current regulatory requirements
- Strong understanding or risks and internal control frameworks, as well as good practice principles applicable to governance arrangements, systems and controls (across product groups), operational processes, monitoring and assurance activities, and effective reporting
- Effective time management, with the ability to work across several audit engagements and/or business projects at the same time
- Ability to maintain professional standards and strict independence and integrity in all aspects of work
- Ability to develop and maintain effective working relationships with stakeholders at all levels of the business
- Commitment and strong work ethic, with an aptitude to work independently or as part of a larger team
- Strong Computer skills, specifically MS Office products and SharePoint
- Knowledge of Russian language would be beneficial

Key Behaviours:

- Ensure that conduct is ‘Fit and Proper’ at all times
- Maintain a high level of competency, with Continued Professional Development (CPD)
- Complete mandatory training in accordance with the Group’s business activities and FCA regulations
- Have a clear understanding of Sova’s policies and procedures, including Compliance, Trading Mandates, Breaches and Escalations, etc.
- Be aware of and comply with all applicable FCA regulations and guidelines, as well as other regulatory and industry bodies as applicable
Maintain all measures and arrangements necessary to demonstrate ‘Reasonable Steps’ in carrying out your duties and in meeting your ‘Conduct’ obligations
- Ensure internal policies and procedures, and regulatory guidelines and requirements are met and fully complied with
- Conducting all activities with high standards of professionalism, integrity and objectivity, and remains free of any undue management influence or other restrictions that may taint the independence of its work or its standing within the Group
- Ensure appropriate escalation to the Chief Internal Auditor any issues identified that are suspicious; and/or suggest the occurrence of fraud, corruption, bribery, money laundering, market abuse, or any other form or financial crime or other regulatory breach; and/or indicate a significant risk to Sova’s business activities and/or reputation
- Promote a positive culture of regulatory compliance within the Group and participate in Group-wide initiatives



- Location - Moscow-City
- Full-time job
- Permanent contract
- Competitive salary
- Comfortable office
- Social package

Sova Capital Limited

SOVA Capital Limited - частный независимый институциональный брокер, основанный в 2004 году
и регулируемый Управлением по финансовому регулированию и надзору Великобритании.

Мы оказываем широкий спектр инвестиционно-банковских услуг институциональным
и корпоративным клиентам. Среди этих услуг - привлечение публичного
и долгового финансирования, трейдинг, депозитарно-брокерское обслуживание
и независимое аналитическое покрытие.

Job type Full-time
Experience level Middle
Region Russia (Россия), Москва
Location Remote as option

Published: 14/02/2022