Assistant Manager- Algorithm & Artificial Intelligence (AI) Assurance - Audit & Assurance

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Job description

Connect to your Industry

Our Assurance practice encompasses skills across regulation and finance with a deep analytics capability. We harness these to provide Assurance to those charged with governance, serving the public interest. Working in Assurance means you will have an opportunity to work alongside leading experts, as we help build and enhance trust between businesses and the public, by responding to emerging issues and protecting the public interest. Providing assurance to help businesses become more resilient, agile and better prepared for the future.

To be resilient, businesses must be ready to respond to current and future challenges and opportunities. They are increasingly being required to be more transparent with their reporting, to drive trust and confidence in the market, and protect the wider public interest.

Assurance builds, maintains and develops confidence. We provide independent assurance by assessing the risks and underlying processes, providing conclusions as to which risks are being managed and mitigated in line with the business' appetite for risk. Deloitte's assurance offerings help those charged with governance to understand their business and build trust amongst key stakeholders and regulators.

Algorithm and AI Assurance

Deloitte's Algorithm & AI Assurance team is at the forefront of a rapidly evolving landscape. We are a multi-disciplinary team of specialists with expertise in artificial intelligence, data science, regulatory compliance, and audit & assurance. We work with organisations across industries to help them build trust and confidence in their algorithms and AI systems.

Our team plays a critical role in shaping the responsible development and use of these transformative technologies. We are passionate about helping our clients understand and manage the risks associated with algorithms and AI. We also provide independent Assurance to companies on their compliance with new Algorithm and AI related regulations.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, that covers audit, risk advisory, and consulting services across tax, legal, business, technology and corporate finance, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other , foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most .

Connect to your opportunity

We are looking for an Assistant Manager to join the Algorithm and AI Assurance team in London to support with delivery of projects to clients in this space.

You will understand our clients' industry and the issues they face on Algorithm and AI Risks and Controls. The combination of your specialist and core assurance skills, industry expertise and on-going investment in this area will allow you to anticipate complex business problems for our clients and recommend appropriate action.

You will be

• Working within a team to provide professional services across the Algorithm and AI Assurance focus areas described above.
• Providing assurance over large technology platforms compliance with new Internet regulations - i.e. Digital Markets Act, Digital Services Act, EU AI Act
• Completing Algorithm and AI control reviews and control testing (training can be provided on how to apply Deloitte's proprietary Algorithm and AI assurance procedures)
• Supporting with day-to-day delivery of project objectives, interaction with clients, and regular reporting to team leads
• Preparing deliverables including written reports, working papers, and summary analyses.
• Ensuring project deliverables are undertaken in accordance with quality and risk requirements.
• Working effectively in diverse teams within an inclusive team culture where people are recognised for their contribution.
• The projects we work on from client to client can vary a lot and therefore you need to be prepared to adapt quickly to new situations and enjoy variety. Often, we are part of cross-service line teams delivering our expertise on large scale engagements which will give you the opportunity to also build a strong internal network.

Connect to your skills and professional experience

To qualify for this role essentials are:

• Keen interest in regulatory requirements relating to algorithms impacting firms and emerging regulation in AI/Algorithms (e.g. EU AI Act, Digital Services Act, Digital Markets Act, Online Safety Act etc)
• Experience in risk and control assessments (preferably IT, Algorithm or AI related)
• Highly proficient in written and oral communication, including experience in written deliverables to senior stakeholders
• Able to work independently as well as part of a team
• Impressive analytical capabilities (including proficiency in MS Excel, PowerPoint and Word)
• Strong Project Management Skills (input to the design of approach, management of junior staff, client stakeholders, timely reporting to internal and client senior management)
• Proven track record of developing and maintaining strong client relationships
• Highly motivated, committed with a positive and ambitious attitude.

Additional desirable experience includes:

• Experience in internal (or external) audit, in particular with regards to performing design and operating effectiveness testing of controls (IT control testing experience will be considered)
• Experience with regards to algorithm or technology control enhancement and regulatory change projects (e.g. through working within a risk and controls team at another professional services firm or within industry, or through experience in regulatory supervision)
• Experience in working with control frameworks and/or control framework enhancement, especially relating to algorithms or AI
• Coding or Data Modelling and Analytics experience

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect to your business - Audit & Assurance

We know it's not just about the numbers. Often, we let the technology take care of those. It's about the creative and collective thinking or our people. That's where the true insight is found. We're redefining the future of audit. Come join us.

Connect with your colleagues

"I assumed the culture would be very corporate, however, I have worked with people who have different personalities and approaches to the way they work. We do have a clear brand, but everyone is encouraged to be themselves."

-Alice, Audit and Assurance

"The team I support works with one of Deloitte's biggest clients. To be involved with such an influential client so early in my career is really rewarding; I love it."

-Owen, Audit and Assurance

The progression at Deloitte is steady and I've always felt in control of my own career path. You can learn something new here every day which I really enjoy.

-Ali, Audit and Assurance

Our hybrid working policy

You'll be based in London with hybrid working. Our hybrid model enables our people to collaborate, connect and innovate in both a virtual and physical capacity. As well as remote working, you'll attend your local office, virtual collaboration spaces and client sites, depending on the requirements of the role.

At Deloitte we understand the importance of balancing your career alongside your home life. That's why we'll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you'll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You'll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Connect to your return to work opportunity

Are you looking to return to the workplace after an extended career break?

For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.

Our commitment to you

Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level .

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers

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Your professional experience

To qualify for the role you must have:

• A background in Insurance which could be from a regulatory, strategy or project role in industry, experience from another professional services firm or from the PRA or FCA
• Strong understanding of insurance firms' businesses, structures, and strategies, ideally across more than one area e.g. brokers, retail insurers, Lloyd's syndicates, InsurTech
• Working knowledge of or an interest in UK regulatory requirements and an emerging regulation
• The ability to generate ideas and use flexible thinking to problem solve
• Experience of working on multiple projects or engagements at any one time
• Excellent communication and interpersonal skills - both written and verbal
• Experience in delivering presentations and pitches
• Experience in conducting stakeholder interviews
• Strong organisational and planning skills
• Strong aptitude with MS Word, Excel and PowerPoint
• Confident client presence and ability to build contacts and develop relationships
• Ability to develop effective working relationships internally and with clients
• Strong team leaderships skills and proven ability to lead challenging projects and large team
• Positive and ambitious attitude, and ability to work on own initiative
• Educated to degree level or equivalent required

Your service line: Audit & Assurance

In an industry best known for looking back, Deloitte looks beyond.

Our Audit & Assurance team understand the most important decisions are the ones we are yet to make. Crafting the future in an informed and clear-sighted way means understanding current conditions, as well as the trends that are shaping tomorrow. That is why we use our expertise in audit to show where things stand now, and to help inform the next step. With the assurance we provide, we help our clients to look ahead with strength and confidence across all of their accounting, regulatory and transaction needs.

Innovation is the key, underpinned by audit quality. You will be joining a diverse team of experts capable of delivering meaningful and durable change for both our clients and our profession.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints. This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm. The recruitment team will provide further detail as you progress through the recruitment process.

About Deloitte

Our Purpose & Strategy

To make an impact that matters for our clients, our people and society - defines who we are and what we stand for. Our purpose provides the foundation for our strategy and our aspiration to be the undisputed leader in professional services: this is not about size, it's about being the first choice. The first choice for the largest and most influential clients, and the first choice for the best talent.

What do we do?

Deloitte offers global integrated professional services that include Audit & Assurance, Consulting, Financial Advisory, Legal, Risk Advisory and Tax Consulting. Our approach combines intellectual leadership, industrial expertise, insight, consulting & problem-solving capabilities whatever the role, technology revolutions and innovation from multiple disciplines to help our clients excel anywhere in the world.

Beyond the UK: Deloitte North and South Europe

The UK is part of Deloitte North and South Europe (NSE), the second largest member firm in the Deloitte network. Deloitte NSE combines operations in Belgium, Central Mediterranean (Italy, Greece, Malta), Ireland, the Middle East (Bahrain, Cyprus, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Palestinian Ruled Territories, Qatar, Saudi Arabia, United Arab Emirates, Yemen), the Netherlands, the Nordics (Denmark, Finland, Iceland, Norway and Sweden), Switzerland and the UK. Deloitte NSE brings together 2,700 partners and over 50,000 people, combining our unmatched breadth and depth of capabilities in audit and assurance, consulting, financial advisory, risk advisory, and tax and legal across the region. Being part of Deloitte NSE supports our aspiration to be the undisputed leader in professional services and will create more opportunity and growth for our people.

What do we value?

What brings us all together at Deloitte? it's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for maximum impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Being a Leader at Deloitte

Cultural fit and purpose-led leadership is crucial for Deloitte. Our leaders always set the example and inspire their colleagues. They make quality time for people and take an interest in them. They know what matters to people - both inside and outside work - and value them as individuals; always finding opportunities to develop them while showing respect and appreciation.

We expect colleagues at all levels to embrace and live our purpose and our leadership culture by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. We know leadership comes in all shapes and sizes, but our Leadership Charter helps all of our people understand what We're looking for:

• We live our purpose : we act as a role model, embracing and living our purpose and values, and recognising others for the impact they make
• We develop talent : we develop high-performing people and teams through challenging and meaningful opportunities
• We drive performance : we deliver exceptional client service; maximise results and drive high performance from people while fostering collaboration across businesses and borders
• We believe positive influence can make an impact that matters : we influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• We move, together, towards a strategic direction : we understand key objectives for clients and Deloitte, aligning people to objectives and setting priorities and direction.

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