The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Internal Audit Specialist
3-5 years in auditSkills to master
- Deep understanding of audit methodologies, strong report writing, ability to identify root causes of control failures, stakeholder management in an assurance context.
You're ready to move on when
- Successfully led multiple audit engagements from planning to reporting.
- Consistently identified significant control weaknesses and proposed effective recommendations.
- Received strong feedback on communication with business stakeholders during audits.
- 2
External Audit (Financial Services Focus)
4-6 years in external auditSkills to master
- Expertise in financial reporting controls (SOX), detailed testing procedures, client management, understanding of accounting standards, working under tight deadlines.
You're ready to move on when
- Managed sections of large financial services audit clients, specifically focusing on internal controls.
- Demonstrated ability to interpret complex accounting standards and their control implications.
- Proven track record of delivering high-quality audit workpapers and findings.
- 3
Operational Risk Analyst
4-6 years in operational riskSkills to master
- Experience with risk event data, RCSA processes, KRI development, understanding of operational resilience, strong analytical skills to identify risk trends.
You're ready to move on when
- Actively participated in or led RCSA cycles for specific business units.
- Contributed to the development and monitoring of Key Risk Indicators.
- Demonstrated ability to analyse operational loss events and identify control gaps.