Introduction to intu and the Risk & Internal Audit team
A bit about our company
intu is the UK's leading owner, manager and developer of prime regional shopping centres with a growing presence in Spain. We are passionate about creating uniquely compelling experiences, in centre and online, that attract customers, delivering enhanced footfall, dwell time and loyalty. This helps our retailers flourish.
A FTSE listed company, we own many of the UK's largest and most popular retail destinations, including nine of the top 20, with super regional centres such as intu Trafford Centre and intu Lakeside and vibrant city centre locations from Newcastle to Watford. Our aim is to put a smile on the face of our 30 million customers. We want them to be happier when they leave our centres than when they walked through the door.
We are committed to our local communities, our centres support over 120,000 jobs representing about 4% of the total UK retail workforce, and to operating with environmental responsibility.
Our success creates value for our retailers, investors and the communities we serve.
A bit about the team
The Risk and Internal Audit team is a highly regarded function in the business. They provide assurance to management and the Board over the integrity, efficiency and appropriateness of corporate procedures. They help the business to identify and assess risks. They offer advice on controls, areas of risk, procedures and best practices for both new and existing processes or risks.
There are nine in the team, from a variety of backgrounds. Their skills combine to make a powerful team.
Objectives of the Role
A bit about the role
This role reports directly into the Internal Audit Manager. It is suitable for recent graduates who have studied a finance and/ or risk management qualification.
The role has been designed to give the graduate as wide an exposure as possible to the processes for identifying and managing risks within a top UK company, whilst continuing to enhance these processes.
What will this position give to you?
You will be an integral part of the Risk and Internal Audit team. The Director of Risk and Assurance has over 20 years experience in a variety of roles in some of the UK’s largest companies. The team work with all areas of the business, giving you a great understanding of different aspects of how the company operates. You will get to understand the key drivers of the business and how the business protects these.
This role has been designed to assist you with the practical application of risk and controls. You will have exposure to:
- Risk Management – understanding how the company identifies and manages its risks and sets its risk appetite
- Internal Audit – understanding how key controls are assessed and verified
- Insurance – understanding how financial risks are managed and insured
You will have the opportunity to liaise with all levels of the business; including the Directors.
The role is based in London, but there will be some travel to intu Centres.
Areas of Responsibility
What will you bring to this role?
You will be expected to deliver audits and risk management activities. You will be involved in enhancing the audit and risk procedures at intu. You will report into the Internal Audit Manager.
You, working with the Internal Audit Manager and other managers, will be responsible for:
- Delivering audits and assurance work from the approved Risk and Internal Audit plan and subsequent additional ad hoc requests, either as part of a team or when sufficiently trained, independently.
- For audits that are being conducted independently, managing the planning, fieldwork, review, reporting and completion of these audits.
- Assisting in the development of the Internal Audit Methodology and procedures to ensure that all internal processes comply with the audit guidance, are effective, efficient and are adding value to the business.
- Assisting with the delivery and development of other areas of responsibility of the Risk and Audit team as required (e.g. Insurance)
- Providing ad hoc advice to the business on risks and controls.
- Assisting in the preparation of the management information on the performance of the Risk and Internal Audit team to be presented to the Executive, Board, Audit Committee and other key managers.
- Covering for other members of the Risk and Internal Audit team as appropriate.
- Assisting in the delivery of Risk Review workshops throughout the business; for both the Shopping Centres and business departments
- Reviewing and writing reports from research on new areas of risk
Person Specification
What sort of person are we looking for?
Required skills:
- Graduate of a relevant Finance or Risk Management Degree
- Outgoing and engaging character, with the confidence to communicate with individuals at all levels of the organisation, demonstrating tact and diplomacy.
- Enthusiastic and willing to learn new skills
- Professional and personable
- Good verbal and written communication skills
- Numerate and attention to detail
- Organised and methodological approach
- Able to deliver to deadlines
- Strong Microsoft Office skills
- Prepared to work independently and as part of a team
- Understand that the department is a role model for ethics in the business and act in line with that. You will be exposed to confidential information that must stay confidential.
Desirable skills:
- Good knowledge of current risk management processes and procedures
- Knowledge of retail, property or finance
- Any fluency in Spanish.
Duration of role
This role is a permanent role.
What should you do if you are interested?
Send careers@intu.co.uk a copy of your CV and a short covering note identifying:
- The relevant risk management or finance degree that you have graduated in listing the modules that you have studied on this course.
- A comment about what value you believe that Risk Management and Internal Audit brings to an organisation.
- A short statement on what particularly interests you about this role.