Internal Audit & Risk Manager, ASOS
Salary not provided
Offers discretionary performance related bonus scheme
Mid level
London
2-3 days a week in office
Online fashion and cosmetic retailer
Job no longer available
Online fashion and cosmetic retailer
1001+ employees
B2CLifestyleMarketplaceFashionBeautyeCommerce
Job no longer available
Salary not provided
Offers discretionary performance related bonus scheme
Mid level
London
2-3 days a week in office
1001+ employees
B2CLifestyleMarketplaceFashionBeautyeCommerce
Company mission
To be the world's number-one destination for fashion-loving 20-somethings.
Role
Who you are
- A relevant qualification (e.g., CCAB, IRM, other data/ESG related) and/or significant post-qualification experience in a risk and control focused business area. This could be internal audit, enterprise risk management, controls assurance, data, ESG, compliance or another relevant industry or practice-based role
- A strong, diverse technical background which could include experience with process transformation/improvement, financial (including SOx)/operational/compliance/ESG controls, operational auditing, IT governance, or other recognised control frameworks
- Strong risk and controls awareness, experience of complex and less mature operating environments, and analytical and problem-solving skills
- Strong negotiation and influencing skills with the willingness to work with the business to understand commercial perspectives when defining fit for purpose governance and controls. Someone who wants to make a difference and is excited about getting stuck in and adding value
- Excellent stakeholder management and relationship building skills with the ability to lead thinking on risk management, governance, compliance, and internal control best practice in an e-commerce/retail environment
- Excellent verbal and written communication skills. The ability to tailor their approach to deliver clear, powerful, and succinct messages to audiences at differing levels
- Self-motivation and the ability to work pro-actively alone as well as part of team. The ability to multi-task, deal with competing priorities, and someone with the flexibility and agility to deal with the ambiguity that comes from working within a fast paced, ever-changing business and risk landscape
- (An advantage but not essential) Excellent data analysis skills (e.g., Excel, SQL) and data visualisation skills (e.g., Power BI, Tableau) and experience applying these in real world settings
What the job involves
- This exciting newly crafted role will give the successful candidate the opportunity to get involved in both internal audit and risk management activities here at ASOS
- Expanding their skills and experience whilst playing a key role within the IA&R team. We insourced internal audit delivery and kicked off our Risk Transformation Project in 2021 and are now looking to take these to the next level
- Working across both areas of the IA&R team, you will be responsible for delivering a range of activities and identifying areas where IA&R can be more effective and efficient, sharing ideas with the team, and taking ownership for putting them in place
- Our activities are playing a key and growing part in supporting the business as its control environment matures
- We need someone who can act as an ambassador for us within the business as we continue to embed and build our profile and bring our value proposition to life for our stakeholders
- This includes in how we continue to support ASOS’ culture by driving Diversity, Equity & Inclusion strategies
- You will help the Group to manage its risks through identifying, planning, performing, and reporting on internal audits, agreeing pragmatic and value add control improvements with management, and simultaneously supporting the development and delivery of our Risk Management Framework
- Aligned to our team culture you will be striving to continually improve, supporting our on-going risk assessments, helping set and continually update our annual Plans, and refining our internal processes
- All this within a dynamic, fast paced, ambitious, and maturing company where you will have plenty of opportunity to make your mark
- Working with the team to refine and deliver our IA&A Strategy and Roadmap
- Responsible for independently delivering end-to-end audits from the IA&A Plan, from planning to reporting, either directly or through managing co-source resource where specific expertise is required
- Delivering a range of other services that could include advisory/consultancy, project assurance, special projects (as required), remaining agile to add timely value to the business
- Agreeing and tracking control improvement actions with management, advising stakeholders on remedial actions to drive change and action closure
- Managing communications and building strong relationships with your stakeholders across key functions. Working collaboratively with the business to drive ASOS’ internal controls, assurance, and risk and control culture maturity agendas whilst maintaining independence
- Providing advice and challenge on relevant areas of governance good practice including risk management, controls, and data. Simplifying complex topics in a way that others can understand and engage with and that link back to ASOS’ risks and needs
- Identifying opportunities for the use of analytics and automation both within the IA&R team and business including for adopting and embedding new tools, techniques, and methodologies
- Responsible for drafting Audit Committee Reporting, KPI production, and managing client satisfaction questionnaires as well other areas noted above
- Spending approximately 65-70% of your time on internal audit related activities
- Working with the team to refine our Risk Management Framework including risk taxonomy and appetites, delivering its activities and helping drive the next steps of our Risk Transformation Project
- Managing communications and building relationships with our Risk Champions Network and management
- Supporting functions and our Risk Champions with regular risk reviews, agreeing and tracking actions, horizon scanning, risk assurance activities, and updating our principal risks
- Collating and analysing risk data. Presenting this in innovative ways to deliver clear messages, add value, and help delivery of ASOS’ Strategy and programmes
- Prepare risk presentations and papers for our Management and Audit Committees
- Supporting the Senior Risk Manager in refreshing and delivering our Business Continuity Management Framework, including development of business impact analysis, updating business continuity plans, and delivering training and exercises. Also supporting with Crisis Management (as required)
- Spending approximately 30-35% of your time on risk management related activities
Salary benchmarks
Our take
Founded in 2000, ASOS initially meant 'AsSeenOnScreen' - the initial model being sales of imitations of clothing and accessories seen in movies. Now, the website sells over 850 brands, as well as its own ranges, and ships across the UK, US and EU. Priding itself on keeping up with the latest fashion trends, ASOS is aimed primarily at young people.
Since its foundation, ASOS has seen almost continuous growth. Whilst part of this comes from its ability to keep up with trends, much of its success has arisen from impressive use of digital marketing. Its mobile app, launched in 2018, has allowed it to expand across multiple online platforms.
It is well known that the fashion industry has been under huge pressure over the last few years. But ASOS' model has allowed it to dodge issues faced by competitors. ASOS' UK factories, for example, allow it to keep producing items which are up to date with trends; all whilst other brands must wait for international deliveries.
Over the last 20 years, ASOS has built itself into a fashion giant. The company appears to have the potential to emerge unscathed from the economic pressures currently affecting other players in the industry, and continue to capture value into the future.
Steph
Company Specialist at Welcome to the Jungle
Insights
Top investors
-11% employee growth in 12 months
Company
Company benefits
- Health: Virtual GP, Cycle to Work, Gymflex, Eye Test, Dental Insurance, Healthcare Cash Plan, Health Screening, Private Medical Insurance.
- Wealth: Critical Illness Insurance, Debt Consolidation – Neyber, Gadget Insurance, Life Assurance, Pension, Season Ticket Loans, Travel Insurance, Taste Card, Technology Devices.
- Inner Self: Unmind app, Holiday Trading, Payroll Giving, Travel Account.
- You will receive an exclusive discount on all ASOS products for you and a friend……,(watch as they come flocking to be first in line!). Then you can treat yourself further, with great discounts on iPads, cinema tickets and spa vouchers.
- However you choose to travel to work, whether you cycle or jump on the train, we'll help you out with that too.
- Finally to thank you for everything you do in the year, we have a summer hours scheme where we finish at 3pm on Fridays. It’s the perfect chance at the end of a busy week to relax and have a drink on us. Yippee!
Company HQ
London, UK
Leadership
Nick Robertson
(CEO)Co-founded ASOS in 2000.
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