Responsibilities
1. Collaborate with senior management and the auditmittee to develop aprehensive internal audit plan that addresses key risks and priorities. Ensure the plan is aligned with organisational objectives and regulatory requirements.
2. Perform risk-based internal audits to assess the effectiveness of internal controls, identify control weaknesses, and evaluatepliance with policies and regulations. Plan, execute, and document audit procedures, including testing, analysis, and evaluation of data and information.
3. Analyse audit findings, assess the significance of identified issues, and determine the root causes. Prepare clear and concise audit reports that effectivelymunicate findings, rmendations, and remediation plans to senior management and the auditmittee.
4. Collaborate with management to develop practical and actionable rmendations to address control deficiencies, mitigate risks, and improve operational efficiency. Advise on best practices and emerging trends in internal audit and risk management.
5. Track and monitor the progress of remediation plans and actions resulting from internal audits. Engage with stakeholders to ensure timely implementation of agreed-upon corrective measures. Provide periodic updates to management and the auditmittee.
6. Keep abreast of changes in regulations, laws, and industry standards relevant to the organisation. Assess the impact of these changes on internal controls and risk management practices and make rmendations for adjustments or enhancements as needed.
7. Continuously improve internal audit processes, methodologies, and tools to drive efficiency, effectiveness, and quality. Identify opportunities for automation and leverage technology solutions to streamline audit activities.
8. Establish and maintain effective working relationships with key stakeholders, including senior management, the auditmittee, external auditors, and regulatory bodies. Collaborate and coordinate with other assurance functions to ensure a cohesive approach to risk management.
9. Lead or participate in special projects, investigations, or ad hoc assignments as required.
10. Appropriately assess risks when evaluating business decisions, with particular consideration for the firm's reputation and the protection of assets.
11. Ensurepliance with applicable laws, rules, and regulations, demonstrating sound ethical judgment and behaviour.
12. Escalate, manage, and report control issues transparently and in accordance with established procedures.
Requirements
13. Proven track record in internal audit role within the financial industry, preferably within the fintech industry, consultancy or Big Four.
14. Working understanding of financial services regulatory environment (preferred if this is in the payments/e-money area) - required.
15. Excellent writtenmunication and verbal presentation skills.
16. A collaborative approach to working with others andmitted to an inclusive environment.
17. Understanding of applicable laws and regulations.
18. Excellent interpersonal skills.
19. Strong analytical and problem-solving skills.
20. Ability to work independently and collaboratively in a team environment.
21. Highly organised and detail oriented.
22. Ability to manage multiple priorities and deadlines.
23. Self-starter with high level of integrity and positive attitude.
24. Experience leading and developing a team.
25. A true team player with a winning mentality and strong work ethicmitted to continuous improvement and high performance
26. Adaptable, tenacious and flexible who is able to perform under pressure
Diversity & Inclusion
We believe that diversity and inclusion are essential to our success. We aremitted to fostering a culture where everyone feels valued and respected, regardless of their background, identity or experiences. By embracing diverse perspectives and promoting equity, we aim to create an environment where all employees can perform and reach their full potential.
Additional Information
- We work on a hybrid basis from our office in central London.
- You must be eligible to work in the UK to be considered for this position.
- Full background check will be carried out. Job ID 208