Internal Auditor Apprentice

Mdu Services Limited
1, Canada Square, London, E14 5GS
£21,504.00 annually
21 Oct 2019
02 Nov 2019
Role Type
Apprenticeship, Higher
Start Date
Internal Audit Reviews and Support

Undertake risk based internal audit reviews in line with the audit methodology and supporting the Senior Internal Auditor with reviews and/or undertaking own assigned work including:
  • Assist with the planning of internal audit work and scope of the review including producing terms of reference
  • Understanding the business processes from start to finish by walkthroughs, meetings with the business and documenting flow charts or meeting/system notes
  • Identify and assess risks in the business processes and the identify the key controls in place
  • Perform audit testing and fieldwork, including testing of controls and analysing results
  • Identify observations and understand root causes of business improvements or unmanaged risks for review and discussion
  • Propose practical recommendations for improvement and agreement with the business based on significance
  • Keeping the business informed of progress of the review including communication of any observations and findings and their feedback.
  • Produce clear and concise written output including working papers, draft observations and reports

Follow up process - internal audit actions
  • To log all internal actions on the Magique system once agreed with the right owners
  • To take responsibility for the follow up business and training of new action owners in process and requirements, including reminders for existing staff
  • To track and follow up audit actions to promote completion by the business and then testing to assess whether the action addresses the original risk raised
  • To ensure departments are reminded of their follow up actions regularly and provide update on progress or seek approval for extensions
  • To produce reports to the Executive and Audit and Risk Committee on the status of the actions including clearance rates and identify any departments who need to present to the Audit and Risk Committee

Development of Internal Audit Approach
  • To provide input into the development of internal audit methodologies including the internal plan/programme, risk management system and peer review process
  • To keep yourself up to date with the latest internal audit techniques, risk topics and review for input into Risk Assurance work and research on any new areas to be reviewed

Project Work/ Systems and Testing
  • To support the Head of Risk Assurance with any project activities such as investigation of incidents or additional testing of controls or implementation of any ongoing controls testing
  • To support the Head of Risk Assurance with any analysis of residual risks and testing of the accuracy of risk registers or annual analysis of the work of internal audit

Requirements and prospects

Desired skills

Strong IT/digital skills are essential. Previous experience in governance, risk management, compliance or legal is desirable but non-essential.

Personal qualities

Strong analytical and communication skills with a keen enquiring mind.

Desired qualifications

Educated to degree level or equivalent.

Future prospects

The apprenticeship is a 24 month fixed term contract. Upon successful completion of the Apprenticeship we may be in a position to offer a permanent contract but this is in no way guaranteed.

Things to consider

Benefits Include:22 days holiday, pension, Private Medical Insurance, Ride to Work scheme.

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