Head of Internal Audit, Australia

Job Description

Head of Internal Audit | LGT Private Banking

The Tone:
This is a full-time role at LGT Wealth Management, located in Sydney, Australia. LGT Wealth Management was formed to bring global best practice in building institutional quality investment portfolios to Australian clients, creating a new business from the ground up with a client-first commitment and entrepreneurial spirit. Now part of the global LGT Group, the company benefits from global expertise and stability to provide client-focused advice for generations. As Head of Internal Audit, this role is crucial for providing independent and objective assurance and insight on governance, risk management, risk culture, and internal controls for the Australian wealth management business.

The TL;DR
• Role: Full Time
• Type: Full Time
• Location: In-person, Sydney, Australia

• Team: Group Internal Audit (GIA), integrated with the APAC Internal Audit team and broader GIA regions.
• Mission: Lead the internal audit function for LGT Wealth Management Limited, providing independent and objective assurance and insight on governance, risk management, risk culture and internal controls.
• Tech Stack: data analytics, AI-enabled techniques, audit management systems

What You’ll Actually Do
• Leadership: Lead and manage the Australian Internal Audit team, safeguarding its independence and objectivity while setting priorities and developing the team to deliver a high-quality, risk-based audit plan.
• Audit Planning: Develop, propose, and maintain a risk-based internal audit plan, executing a program of audits, thematic reviews, and special investigations to assess governance, risk management, risk culture, and internal controls.
• Reporting: Provide clear, concise, and insight-rich reporting on significant risks, control weaknesses, and emerging themes to the LGT Wealth Management Boards, Audit Committees, and relevant stakeholders.
• Investigations: Oversee and, where appropriate, lead or support independent investigations of whistleblowing matters relating to LGT Wealth Management Limited, ensuring timely escalation and reporting.
• Stakeholder Engagement: Build and maintain independent yet constructive relationships with executive and senior management and key stakeholders, participating in relevant governance and risk committees as an independent observer.

The Must-Haves
• Background: Executive-level experience in internal audit or relevant risk management within wealth management, private banking, or broader financial services, demonstrating proven people leadership.
• Experience: Typically 12+ years of experience, including a leadership role (Head of Internal Audit, Deputy, or equivalent), with regular Board and regulator-facing exposure, and experience operating within a group-level or international internal audit function.
• Skills: Deep understanding of Australian wealth management risks, business models, and front-to-back processes; strong familiarity with Australian regulatory requirements (ASIC, APRA, AUSTRAC); experience leveraging data analytics and AI-enabled tools; excellent communication, interpersonal, intercultural, and analytical skills.
• Bonus: Experience in, or understanding of, international (especially European and Asian) regulatory environments; flexibility to travel to other locations within Australia and, where required, to APAC and other Group locations.