Marc Catherall

Experience

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  PwC

  Jan 1997 - Jun 2001

  Audit Manager

  Managing audit teams for year-end and interim audits of financial statements including group consolidations to UK GAAP.Plc experience - Clients included Marks & Spencer, Sainsbury’s, Alfred Dunhill, Anglia Television, Express Newspapers, and GEC Marconi.Experience of preparing management letter reports highlighting issues and potential improvement opportunities.For a period of six months post-qualification, seconded to the Merger & Acquisition team.

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  MBNA Europe

  Jan 2001 - Jan 2005

  Audit Manager

  Reporting into the Head of Internal Audit, managed the efforts of a team of 12 Internal Auditors (including 2 Senior Auditors, ACAs, ACCAs, IIAs and part-qualified IIAs).Management responsibilities for the delivery of all Finance/Accounting/Treasury and collections audits for the £11bn credit card and consumer loans portfolio for UK, Ireland and Spain operations, and for the delivery of all commercial and personal lines premium finance audits.Responsible for effective application of an annual audit budget resource of over 25,000 man hours, leading to approximately 55 core audits.Responsible for ensuring audits are completed in line with the annual audit plan approved each year by the mbna Audit Committee, and in compliance with IIA standards and the Corporate Audit Manual.Responsible for ensuring quality of work completed by the audit team and providing assessment of internal control environment with the results of work being documented in an audit report distributed to all European and Corporate Executive (US) management. Frequent interaction with business area Directors, requiring excellent verbal and written communication skills.Manage and agree individual auditors' performance objectives and development needs and effectively coach and develop auditors.Led audit of mbna's Operation Risk Management approach to the implementation of processes to ensure adherence to Sarbanes-Oxley requirements.Exposure to UK and US regulations and regulators (FSA, Data Protection, Consumer Credit Act, Money Laundering, OCC, SEC, FFIEC), Basel and corporate governance requirements.12-month secondment as full-time internal audit representative to the project team for the conversion of a purchased £1bn credit card portfolio to mbna core systems. Manage audit involvement in system development projects, change initiatives and new product launches in line with mbna’s change methodology. Show less

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  Bank of America

  Jan 2006 - Jan 2010

  Reporting to the International General Auditor, responsible for Audit coverage of Bank of America's Euope Card operations in UK, Ireland, and Spain.Member of the Senior Leadership Team for Europe Card Services, supporting the Europe Card CEO.Responsible for maintaining regulatory relationships with primary regulatory bodies – FSA (UK), OCC (US), including the presentation of Annual Audit Plans, ongoing updates on Audit Plan status, Audit results, and Audit Issues Management.Responsible for providing Audit updates to Executive Risk Committees.Manage team of 10 qualified auditors/accountants based in the UK and US. FSA Approved Person holding a Significant Influence Function (SIF). Show less Supporting the International Audit Director in maintaining Bank of America's Internal Audit relationships with regulators for all lines of business (Global Consumer & Small Business Banking, Global Markets, Global Banking) in Bank of America’s primary regional hubs in EMEA and Asia.Supporting Internal Audit to ensure Audit coverage meets the needs and expectations of in-country (EMEA and Asia) regulators.Present Annual Audit Plans to key EMEA and Asia regulators.Regular visits to key EMEA and Asia regional hubs to maintain relationships with executive management and regulatory bodies.Lead execution of those Audits mandated by EMEA and Asia regulators.Developed strong working relations with UK FSA, Bank of France, Japan FSA (JFSA), Monetary Authority of Singapore (MAS), Hong Kong Monetary Authority (HKMA), and Reserve Bank of India (RBI). Show less

  • SVP, Head of Internal Audit

    Jan 2008 - Jan 2010

  • Internal Audit - International Regulatory Liaison

    Jan 2006 - Jan 2008
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  Bank of America

  Jul 2010 - Dec 2011

  SVP, Business Control Executive

  Reporting directly to the Europe Card CEO, responsible for embedding risk management disciplines in Bank of America's Card operations in UK, Ireland, and Spain. Member of the Senior Leadership Team for Europe Card.Matrix reporting line into US based Business Control Executive for Bank of America Card Services.Designed and built a multi-location Business Control function of 25 Senior Risk Managers and Risk Specialists.Responsible for the following key disciplines:o Policy Governance;o Control Monitoring;o Risk and Control Self Assessments;o Governance;o Audit Issue Identification and Remediation;o Ensuring compliance with corporate standards for supplier management, business continuity, and information protection.Chairman of the Europe Card Internal Controls Committee.Chairman of the Europe Card Crisis Support Team (for business recovery).Executive sponsor of Europe Card’s compliance with Treating Customer’s Fairly (TCF) outcome 1.Providing regular control updates to UK FSA and US OCC regulatory bodies, and external audit firms.Providing regular updates to Corporate (US) and regional (EMEA) governance routines concerning Europe Card’s risk and control environment.FSA Approved Person holding a Significant Influence Function (SIF).Managed a department with an annual budget of £2 million. Show less

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  Business Risk & Control Limited

  Jan 2012 - Sept 2012

  Director

  Internal Audit Plan Development and Execution, Operational Risk Management and Risk Mitigation, Embedding Risk Management Frameworks, Enhanced Governance; for Financial Services Companies on an Interim and Contract basis.

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  Payzone UK Ltd

  Feb 2012 - Jul 2012

  Commercial Director

  6-month fixed term contract as interim Commercial Director.

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  Together Money

  Sept 2012 - Dec 2015

  Head of Audit
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  Universities Superannuation Scheme (Ltd)

  Jan 2016 - now

  • Internal Audit Director

    Jul 2024 - now

  • Head of Internal Audit

    Jan 2016 - Jul 2024