Salary: £ 76,582

Closing date: Sunday, 12 November 2023

Contract type: Permanent

The Wellcome Trust is a global charitable foundation. We improve health for everyone by funding science, leading policy, and advocacy campaigns, and building partnerships.

We plan to spend £16bn over the next ten years, funding new discoveries in life, health, and wellbeing, and taking on three global health challenges: mental health, infectious disease and climate and health.

These challenges need the bold science we support, but they won’t be solved by science alone.

We are looking for an Internal Audit Manager to join our team.

Where in Wellcome will I be working?

You will be working in the Internal Audit Team, reporting to the Head of Internal Audit and be responsible for delivering audits for Wellcome’s largest subsidiaries, Genome Research Limited (GRL) and Wellcome Leap

Internal audit assists the Audit and Risk Committee and Executive management to protect the assets, reputation and sustainability of the organisation. The team comprises of 11 team members, supported by two co-source consulting firms. They perform audits relating to all of Wellcome’s activities (e.g. funded institutions, Investments, Strategy, D&T, Finance, Wellcome Collection) as well as Wellcome’s subsidiaries (GRL, Wellcome Leap, Premier Marinas and Urban & Civic) and partner institutions.

GRL is home to some of the world's foremost institutes and organisations in genomics and computational biology, committed to delivering life-changing science with the reach, scale, and imagination to solve some of humanity's greatest challenges.

Wellcome Leap accelerates discovery and innovation for the benefit of human health. It builds bold, unconventional programmes and funds them at scale, with the goal of achieving breakthrough scientific and technological solutions within five to ten years.

Internal audit assists the Audit and Risk Committee and Executive management to protect the assets, reputation and sustainability of the organisation. The team comprises of 11 team members, supported by two co-source consulting firms. They perform audits relating to all of Wellcome’s activities (e.g. funded institutions, Investments, Strategy, D&T, Finance, Wellcome Collection) as well as Wellcome’s subsidiaries (Genome Research Limited, Premier Marinas, Urban & Civic and Wellcome Leap) and partner institutions.

What will I be doing?

You will be responsible for leading internal audits at Wellcome with a specific focus on the two largest subsidiaries, GRL and Wellcome Leap, including Internal Audit plans and Audit Committee reporting, to provide objective and independent assurance over the adequacy and effectiveness of their systems of risk management and internal controls.

As an Internal Audit Manager, you will:

• Be responsible for the development of the GRL and Wellcome Leap Risk Based Audit plans and continually evaluate and review the Plans to ensure they remain Risk focused, as well as evaluating the significance of new or changing services, processes and operations to the organisations audit universe and assess internal audit activity accordingly.

• Implement the audit plans through delivery of high-quality audits, detailed planning, fieldwork, developing preliminary audit finding and holding audit discussions with senior stakeholders, as well as well as issues clear and concise internal audit reports focusing on findings, risks and agreed actions.

• Lead on Monitoring, Reporting & Control Assessments using agreed dashboards/reporting mechanisms, and provide reports to the Audit and Risk Committees and management, advising on the results of internal audit activity and ensuring the plans are being delivered as agreed.

• Provide insight on risks, issues and themes across GRL and Wellcome Leap, as well as identifying opportunities for improvement and how best to communicate these for action and impact.

• Leading on the delivery of audits across Wellcome operations, grants recipients and partnerships as required by the Audit plan.

• Contribute to a diverse and inclusive culture across the organisation, collaborating across departments.

Is this job for me?

This is a highly valued role within the organisation and offers the potential candidate an opportunity to enhance their skills by leading on the delivery of the plan for Wellcome’s largest subsidiaries. This will include regular interactions with senior stakeholders and presenting at various forums (including the Audit Committees). You will also get exposure to all areas of the businesses, which will provide you with a holistic view of how the subsidiaries operate.

We are looking for someone who:

• Is professionally qualified (ACA, ACCA, CIA) or has previous internal or external audit experience. Previous risk management experience is also desirable.

• Has the ability to execute audits in accordance with IIA standards and comfortable taking responsibility for the end-to-end audit process.

• Is able to create good stakeholder relationships, has commercial acumen and business exposure, with an ability to influence all levels across the organisation, particularly senior stakeholders.

• Is able to work as part of a team as well as independently, pragmatic in their approach and able to work under pressure and tight deadlines.

For the recruitment of this role we are using Workday’s anonymised application functionality.

To apply please upload your CV and complete our short application. Please ensure that when you are applying you complete all sections on the application form, we will not be able to accept any applications that are incomplete.

Interview dates:1st stage w/c 4 December 2023 and 2nd stage w/c 11 December 2023

You can view the full job description on our website

You can read more about the benefits we offer our employees on our website

Our Hybrid Way of Working

We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best. We are currently working 2 days per week (Tuesdays and Wednesdays) from our Euston Road offices (as part of our hybrid Ways of Working) with the remaining 3 days from home.

Diversity and Inclusion is at the heart of everything we do

Diversity and Inclusion is a priority at Wellcome . We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long-term condition. Please visit our website for more information on adjustments and accessibility, or contact us at jobs@wellcome.org.

Upon a conditional offer being made, the successful applicant for this position will be required to undertake a Basic Disclosure and Barring Service (or equivalent) criminal record check to disclose any ‘unspent’ criminal convictions or conditional cautions under the Rehabilitation of Offenders Act 1974. The criminal record check with not show anything that is ‘spent’.

For further guidance on disclosure of criminal records please see this UK Government Guidance. You can view our Policy Statement on the Recruitment of Ex-offenders here. You can view our Privacy Statement here.

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