Lead Internal Auditor

Location:Greater London
Job Type:Full Time


London, GB

Department Name


About Network Rail

Network Rail is at the heart of revitalising Britain's railway. More than 4.8 million rail journeys are made to connect people, every day. Network Rail plays a pivotal role in this as we own, operate and develop Britain's railway infrastructure. In the last 20 years the number of people travelling on the rail network has doubled, and the rail network, our stations and our platforms are dealing with more passengers than they were ever designed for. Our multi-billion-pound Railway Upgrade Plan represents the biggest investment programme in the railways since Victorian times.

As Network Rail transforms the UK landscape, we are looking for people who want to be involved in this change. The ideal candidate should be able to handle competing tasks and lead a team of like-minded professionals in delivering our annual audit plans.

About Network Rail Internal Audit

A watertight governance and controls framework is key to protecting the organisation's assets, reputation and value, making Network Rail Internal Audit (NRIA) an important catalyst for creating confidence amongst all of Network Rail's stakeholder communities inside and outside the organisation. Whilst we have responsibility to be the eyes and ears of the Board, we are committed to being as supportive as we are objective, aligned to the same priorities and vision as our stakeholders.

Brief Description

We are seeking an experienced professional to join our Internal Audit team and assist in the development and optimisation of operational audits.The ideal candidate will be inquisitive, want to be intellectually-stimulated, and be driven to continuously improve and expand their knowledge and skills.

You will be able to utilise your knowledge of leading practice processes and emerging risks to develop and deliver an annual plan of audits and reviews with the support of the Internal Audit Manager. You will provide practical risk management, internal controls and process improvement solutions whilst gaining valuable experience and exposure working with a variety of senior stakeholders, with opportunities to grow your career in other parts of the business.

This role will cover the audit of railway infrastructure projects and therefore we are seeking an individual who has previously led relevant internal audits/advisory/assurance interventions in relation to capital delivery projects, preferably in the railway or wider transport industry.

About the role (External)

Key responsibilities include:

    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 executives 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.

              Lead the audit team on each assignment and review their work and deliverables.

                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.

                      Professional in conduct and able to demonstrate expertise.

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

                          Strong programme 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 independently own workload and that of other team members.

                                  Meets 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 in 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.

                                            Experience with risk-based auditing preferably in railway or wider transport industry;

                                              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 individual who quickly establishes personal credibility and demonstrates expertise.


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

                                                      Programme Management qualifications (e.g. PRINCE 2, MSP, etc);

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

                                                        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: 6 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.