Audit Manager – Independent Price Verification

Closing date for applications: 28/09/2026

Location Edinburgh, United Kingdom

Job typePermanent \| Contract typeFull Time

Mostly Remote

You’ll spend most of your time at home, working with your team digitally. You’ll come into an office or hub at least twice a month to collaborate with your colleagues.

Managerial / Technical Lead

This is a general indication and doesn’t always reflect day\-to\-day responsibilities. Check the job description for full details.

\#R\-00285570

Job description
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This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.

Join us as an Audit Manager \- Independent Price Verification

• We’ll look to you to provide quality, efficient, and effective assurance, and to influence business managers to improve controls


• You’ll be supporting the delivery of a flexible, risk\-based audit plan that addresses regulatory requirements and provides independent assurance and impactful opinions


• This is an opportunity to gain valuable exposure as you build on the Internal Audit experience and influence the evolution of our controls

As an Audit Manager, you’ll drive assurance across regular audit engagements by supporting assurance planning, ensuring coverage of key risks, collaborating with other Internal Audit teams, and complying with regulatory requirements for the function. You’ll also lead Independent Price Verification (IPV) audit activities for NatWest Group and its relevant subsidiaries, ensuring that the risk universe and audit approach for controls over Front Office traded instruments are reviewed in line with methodologies and regulatory requirements.

Moreover, you’ll lead and undertake key aspects of assurance fieldwork, taking responsibility for making sure that the team’s work is delivered on time, is fit for purpose, and provides reliable evidence to support issues and opinions. You’ll also deliver a risk\-based assurance plan over the production of IPV and associated processes, leading the engagement team to meet stakeholder requirements and align with business strategy.

Day\-to\-day, you’ll be:

• Acting as an ambassador for Internal Audit, demonstrating professional behaviours and helping to build the reputation and integrity of the function


• Leading and coaching the team as they deliver audit engagements, making sure they're delivered to budget and on time while helping individuals realise their potential


• Leveraging industry\-leading audit methodology and tools


• Ensuring compliance with global methodology within engagements and accurately keeping the audit management tool up to date


• Managing key stakeholders throughout audit engagements, ensuring a strong understanding of business risks and fostering open and effective discussions on key risks

We’re looking for an experienced IPV internal auditor with a thorough understanding of risk management principles and a meticulously investigative approach. You’ll also need the ability to lead teams in delivering projects while maintaining control over budget, schedule, and quality. Your experience will have to include supervising a Product Control, IPV, or similar function within a complex global bank, leading large teams through complex processes with challenging deadlines and significant change, alongside expert product knowledge across an investment bank's balance sheet, including multiple asset classes such as FX Products, bonds, and repos.

Moreover, you’ll need to bring detailed knowledge of Fair Value and IPV regulatory environment in which we operate across the UK and overseas. Alongside this, familiarity with Pillar 1 and Pillar 2 capital calculations, ICAAP, ILAAP, recovery and resolution planning, and balance sheet stress testing processes would be an advantage.

In addition, you’ll need:

• Strong knowledge of the accounting and regulatory requirements that impact products such as derivatives, bonds, and repos, particularly in the UK


• Proven stakeholder management skills, along with the ability to challenge and influence effectively


• The ability to support and supervise your audit team through coaching, feedback, and development


• Demonstrable knowledge of risk management disciplines, including capital, liquidity, credit, market, operational, non\-trading market, and pensions risks, as well as their derivative components


• Experience of financial reporting, consolidation, or balance sheet control


• A proactive approach to identifying and promoting talent


• Experience in agile audit methodology

Here’s a quick look at what your pay package and annual leave could look like if you get accepted for the role. We have a wide range of benefits to support you in your working life and beyond.

Tap each segment for details.

Your pay package

100% Base pay This is your base pay package that you take home every month.

\+10% Pension funding This is monthly funding paid towards your pension.

up to \+10% Benefit funding This is monthly funding paid towards a range of benefits you can choose from.

Your leave allowance

30 days Annual leave You’ll also have the opportunity to purchase up to 5 additional days off.

3 days Volunteering Take time off to support the causes you’re passionate about.

3 days Training Take time to build the skills you need to grow your career.

Total rewards package

Welcome to our Gogarburn hub
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Set in large grounds including beautiful woodland, Gogarburn offers a conference centre, a business school with hotel bedrooms, a restaurant, relaxing zen gardens, onsite parking, and excellent transport links.

Key facts:

• Surrounded by 85 acres of woodland


• Our carparks provide electric vehicle charging


• Opened in 2005

This listing is from Indeed. View original listing ↗