Head Of Internal Audit

JOB PURPOSE/ROLE

The Head of Internal Audit is responsible for providing comprehensive audit services from planning to the follow-up. S/he acts as a trusted business partner to Executive Management and the Business.

The role of the Head of Internal Audit is an experienced senior role including managing large scale and cross-functional audits and providing their employees with guidance on how the targets for her/his functional area are aligned with the strategic picture. It also involves line management responsibilities and the coordination of functional/global working groups. In alignment with the company goals, the Audit Head of Internal Audit should develop a strategy for their area of responsibility.

The role shall ideally be filled in Frankfurt. Munich might be an option.

KEY RESPONSIBILITIES

 Strategy & Planning

• Strong collaboration with the Global Head of Audit to define local audit strategy aligned with the Group Audit strategy, as well as execution of the audit plan.
• Responsible for risk assessment and development of the annual audit plan.
• Responsible for the performance of the audit plan and ad-hoc engagements in own area.
• Increase efficiency of the audit function through enhanced collaboration, resource pooling and planning alignment.
• Verify the functionality and efficiency of the internal control system.
• Promote, drive and oversee the implementation of the use of data analytics within our global audit team.

Quality & Process Management

• Participate in developing internal standards for the local entity in line with the Allianz Group Audit Policy, minimum standards, and IIA standards.
• Comply with the audit policies and the respective standards (independence, integrity, confidentiality, truth and fairness, security, economy, system conformity).
• Collaboration on departmental and inter-organizational projects, recommend measures to improve the risk situation, security and efficiency, implement new ideas, processes and products and share best practice.
• Ensure stringent follow up on agreed implementation steps and recommendations as a result of findings.
• Perform quality assurance measures and be responsible for the final version of the audit report.
• Support and supervise auditors and experts work from audit preparation to report validation in own area.
• Planning and implementation of training and information (team/peer).

Relationship Management

• Be an accepted and valuable partner and advisor to the business by issuing recommendations, in particular as to deficiencies with regard to the internal control system and the compliance with the corporate rules.