Lead Internal Auditor

Location:Milton Keynes
Job Type:Full Time


Milton Keynes, GB

Department Name


About Network Rail

Network Rail is at the heart of revitalising Britain's railway. From Crossrail - Europe's largest civil engineering project - to investment in world-class stations and major programmes of electrification, we're involved in some of the most ambitious and diverse ventures that this country has ever seen.

Network Rail Internal Audit is a diverse team with people who have experience of having worked in Network Rail, FTSE 100 companies, Big 4, the Royal Navy and the Atomic Industry. We have variety of experience with qualified accountants, engineers, HSE specialists and auditors in the team. Our audits cover all parts of the Network focusing on key health & safety, operational risks and processes, capital programmes, IT, Finance etc.

In the context of Network Rail's vision, "Putting Passengers First", Internal Audit's purpose is to help the Board and Executive Committee to protect the assets, reputation and value of Network Rail by challenging the design, operation and effectiveness of the framework of controls which enable risk to be assessed and managed. All of this contributes to improving services for our customers.

In addition to audit work, Network Rail Internal Audit also undertakes advisory work.The advisory work is intended to add value to the organisation and improve its governance, risk management and control processes.It helps the business to be more economic, efficient and effective in its approach towards risk, control & governance.

Brief Description

The purpose of this role is to lead and deliver planned internal audit assignments focusing on a wide range of subjects, such as: safety, health, asset management, environment and significant change programmes.

About the role (External)

Key responsibilities

    Identifying significant risks to business objectives, processes, programmes and projects.

      Assessing the design, effectiveness and efficiency of internal controls over risks.

        Performing appropriate audit tests over the controls identified for testing.

          Providing senior executive with recommendations to improve the quality of their control environments.

            Ensuring all audit work is fully documented within the Audit Management System in line with IIA Standards and the Network Rail Internal Audit Methodology.

              Coach, train and provide guidance to other members of the team.

                Assist in regular reporting activities (e.g. Business assurance committee, Audit action reporting, etc).

                Skills and attributes for success

                  Able to establish personal credibility with senior stakeholders; is professional in conduct and demonstrates expertise.

                    A track record of delivering internal audits and/or reviewsthat meet or exceed expectations, offer real insight into the business and add real value to business performance.

                      Strong project management and organisational skills; detail-oriented and ability to multitask.

                        Ability to engage and collaborate effectively across different teams and multiple organisational levels.

                          Passionate about finding logical and innovative solutions to complex or unusual problems.

                            Plans and coordinates own workload and that of other team members.Meet deadlines, quality and risk objectives, taking appropriate action to address issues as they arise.

                              Continuously builds and masters key technical, functional and professional skills.

                                Encourages collaboration and knowledge sharing that impact performance of team members.


                                  Experience leading teams in global management consultancy or professional services firm, or large matrix organization, with an internal audit or consulting background.

                                    An ability to utilise core risk and controls skills in a broad range of projects both in traditional internal audits and advisory projects aimed at assisting in the implementation of controls / improvements.

                                      Ability to manage competing priorities in a dynamic and fast paced work environment, consistently delivering quality work products to agreed deadlines.

                                        Genuine appreciation of the business benefits of internal controls and robust risk management.

                                          Professional; quickly establishes personal credibility and demonstrates expertise.


                                            Suitable professional qualification, e.g. Qualified Accountant - ACA, CIMA or ACCA, or IIA (or intention to complete).

                                              Experience and interest in the transport, infrastructure or rail industries.

                                                Experience with Project and Programme Management methodologies (e.g. APM, MSP).

                                                  Relevant professional qualification (e.g. Chartered Health and Safety Practitioner, Chartered Environmentalist, SHE related master's degree (Occupational Health and Safety or Environmental Management)) or Operational experience.

                                                    Knowledge of safety management within the rail industry including front line working practices.

                                                    How to apply (External)

                                                    Network Rail welcomes applications regardless of age, disability, marital status (including civil partnerships), pregnancy or maternity, race, religion or belief, sexual orientation, transgender status, sex (or gender), employment status, trade union affiliation, or other irrelevant factors. We will interview all disabled applicants who meet the essential criteria.

                                                    Keeping people safe on the railway is at the heart of everything we do, safe behaviour is therefore a requirement of working for Network Rail.Applicants should demonstrate their personal commitment to safety in their application.

                                                    Network Rail can offer you a rewarding career with competitive pay and excellent benefitsincluding a choice of contributory pension schemes, a generous annual leave package, a bonus scheme and an annual 75% subsidy on season tickets costing up to £3333 (to a maximum amount of £2,500).

                                                    Network Rail positively embraces flexible working recognising that employees may wish to balance work and family/home life.

                                                    Network Rail adheres to a structured pay framework, any salary offered will be within the following pay range: £51,156 - £57,551.

                                                    As an arm's length department of the UK Government, Network Rail is required to comply with a well-established pre-employment vetting process for all prospective employees.

                                                    Baseline Personnel Security Standard (BPSS) checks require prospective employees of Network Rail to meet the following requirements;

                                                    §Provide eligibility to work in the UK and identity documentation

                                                    §Complete a satisfactory 3 year employment history check

                                                    §Complete a satisfactory unspent criminal conviction disclosure check

                                                    For more information regarding BPSS pre-employment related checks, please visit the UK Government website for further information - UK Government - BPSS Checks

                                                    Closing date: 20 April 2020, late applications will not be accepted.We retain the right to close the advert before the listed closing date based on application volumes

                                                    It is a requirement of the role to live within 90 minutes commuting time of The Quadrant Milton Keynes.