At XPS Group we operate a hybrid/flexible working style. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief. As part of our Disability Confident pledge we run the ‘Offer an interview’ scheme at XPS. If you have a disability and meet the ‘essential criteria’ described in the person specification for the role being applied for, you are guaranteed an interview. Access to the Disability Confident scheme simply requires you to (1) Show you meet the essential criteria described in the person specification, and (2) In the Offer an Interview Scheme section on our application form tick the box for 'do you wish to be considered under the Guaranteed Interview Scheme?' If you are successful in your application you undertake pre-employment checks which include: Right to Work confirmation, DBS Disclosure check, Qualification checks, Employment and/or educational references covering five years & Satisfactory credit check. If you have any questions or require further assistance, please email recruitment@xpsgroup.com
The job requirements are detailed below. Where applicable the skills, qualifications and memberships required for this job have also been included. As disability confident committed, we will support all applicants throughout the recruitment process. Each stage of the process is inclusive and offers reasonable adjustments where required. If you need the job description in an alternative format or would like us to do anything differently during the application process, please let us know.
Job details
Contractual hours: 36.25
Basis: Full time
Job category/type: Central Functions
Date posted: 24/01/2025
Job reference: REQ002754
Internal Auditor
Location: London
Type: Hybrid
Employment Type: Full Time
Status: Permanent
Ref: REQ002754
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.
Our Risk Team continues to grow and we are now looking for an experienced Internal Auditor to join our vibrant London office with hybrid working. This is an exciting role and would most likely suit someone with previous experience in a similar role within the pensions industry, where they have gained knowledge and experience of internal audit processes, including leading review activities and reporting to senior management.
A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 88 with assets over £1bn. We also provide wider ranging support to insurance companies in the life and bulk annuities sector.
Our people drive our success and as an XPS employee you can bring your whole self to work - Everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best. It’s about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they’re happy. Above all, it’s about ensuring everyone has a voice and feels valued. Because they are.
The Team
The Risk Team support all the business and central functions within the XPS Group in identifying risks and opportunities, to ensure that they are effectively managed. We manage a range of assurance frameworks, including AAF 01/20, ISO 27001, ISO 14001 and PASA as well as co-ordinating all internal audit activities and supporting external audits. We recognise that effective risk management helps the business to achieve its objectives, by working collaboratively with all areas in the Group.
As an Internal Auditor with XPS you will:
* Develop and maintain the company’s internal audit programme, taking into account its risk profile.
* Co-ordinate and perform internal audits at both business and client level, providing assurance on the Groups compliance with all internal and external standards, directives, regulations, policies and controls.
* Identify non-compliance and recommend remedial action to mitigate risks and propose process control improvements adopting best practice(s) where appropriate.
* Prepare and present audit reports for management in a timely manner, including agreeing appropriate corrective actions and follow-up activities to ensure all corrective actions are carried out within timescales.
* Facilitate scheduled audits undertaken by external auditors including supporting the collation of evidence, processing of auditor reports, and feedback on process improvements to the business.
* Manage a variety of stakeholders and their expectations through regular communications on progress against findings and the overall audit program.
* On an ongoing basis analyse and evaluate key business procedures and support continuous improvement initiatives.
* Work with the management team when complaints or issues arise, to investigate root causes and agreeing control enhancement recommendations and implementation plans.
* Produce monthly progress reports, dashboards and information as required by the business.
* Support the Risk team in the production of client bids, tenders etc.
* Actively contribute to the achievement of the Group’s Risk team objectives.
Your profile
* Demonstrable previous experience within the UK Pensions Industry.
* Strong understanding of internal audit processes including leading review activities and reporting to senior management.
* Excellent writing and communication skills along with the ability to work proactively with multiple stakeholders across a diverse Group and provide regular reports to key stakeholders on progress and challenges.
* Able to engage with subject matter experts to carry out reviews of areas outside of current expertise.
* Organised, able to prioritise and work under pressure.
* Willingness to travel to XPS locations.
* A good understanding of third-party pension administration and the commercial framework associated with outsourcing.
* A good understanding of relevant management system standards including, AAF, PASA, ISO 27001 and 14001 accreditations would be advantageous.
* Relevant auditing qualifications e.g. Certificate in Internal Audit and Business Risk (IIA), Certified Internal Auditor (CIA) or ISO 27001 Lead Auditor qualification would be of distinct advantage.
We offer an attractive reward package, typical benefits can include:
* Participation in annual discretionary Bonus Scheme
* 25 days holiday plus flexibility to buy or sell holiday
* Flexible Bank holidays
* Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
* Life Assurance cover, four times basic salary
* XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
* Employee Assistance Programme for you and your household
* Access to a digital GP service
* Paid volunteering day when participating in Company organised events
* Staff referral scheme when you introduce a friend to XPS
What next:
If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you. We will consider all applicants and respond swiftly.
Please discuss with the recruitment team, via phone or email, if you require any adjustments to the recruitment process. For example, we can provide materials in an alternative format, or give you extra time in interviews or tests.
The successful candidate will need to demonstrate the following requirements:
* Right to Work confirmation
* Employment or educational references covering five years
* Satisfactory credit check
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier list.
XPS try wherever possible to respond to all applicants if for any reason you have not heard from us within 28 days of your application, please assume you have been unsuccessful on this occasion.
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