Senior Internal Auditor

Key Responsibilities

• Plan and deliver assigned audits from the annual plan, agreeing scope and terms of reference with the business
• Carry out risk and control assessments, design and perform testing, and document work to a standard that withstands external scrutiny
• Draft clear, evidence-based findings with a defensible risk rating and a practical recommendation
• Agree findings, management actions, owners and target dates with the relevant executive and action owner
• Produce audit reports for the Audit and Risk Committee

• Maintain the consolidated action log, including original and revised target dates, reasons for any slippage and risk rating
• Obtain and assess evidence of closure, and close actions only where the evidence supports it
• Chase action owners for progress updates and escalate where delivery is at risk
• Prepare overdue action reporting for the Board and the Audit and Risk Committee

• Track and validate the closure of findings raised by external reviewers, regulators and skilled persons
• Support responses to regulatory information requests where Internal Audit input is needed

• Build working relationships with first and second line owners across Compliance, Operations, Risk, Finance and Technology
• Hold a position under challenge, and set out the basis for a finding or a closure decision clearly and without overstating it

• Contribute to the risk assessment and the annual audit plan
• Help improve audit methodology, working paper standards and reporting templates

Skills, Knowledge and Expertise

• Substantial internal audit experience gained preferably in a regulated environment, either in-house or in professional services. Payments or e-money experience is useful but not a requirement, and we will consider strong candidates from other sectors who can transfer their skills
• A track record of delivering audits end to end with limited supervision, including scoping, testing, reporting and follow up
• Working knowledge of a comparable UK regulatory framework, and the ability to get up to speed quickly
• Experience auditing financial crime systems and controls, including customer due diligence, sanctions and PEP screening, transaction monitoring and suspicious activity reporting
• The ability to write findings and reports that are clear, proportionate and defensible to an external reader
• Confidence dealing with senior stakeholders, including holding a position where a finding is challenged
• Strong working paper discipline and attention to evidence
• A professional qualification such as CIA, ACA, ACCA, CISA or an equivalent, or qualification by experience

• Experience of safeguarding and client money audits, including reconciliations and account provider due diligence
• Experience validating the closure of skilled person, s166 or other third-party review findings
• Experience auditing fraud controls, including APP fraud and the mandatory reimbursement regime
• Familiarity with auditing technology change, data migrations or system implementations
• Experience in a function building or maturing its audit methodology, rather than operating an established one

• Self-sufficient, able to work from a scope to a finished report without being managed through it
• Pragmatic about what a finding is worth, and willing to say when something does not warrant a finding
• Direct but constructive with action owners, most of whom are delivering remediation alongside a day job
• Comfortable flagging a problem in your own work before someone else finds it
• Able to pick up a partially complete piece of work and establish the position from the evidence available.

Benefits

• 🌴 Time to Recharge

  • 25 days’ annual leave, plus bank holidays
  • An extra day off for your birthday
  • Holiday loyalty scheme rewarding long-term service
  • Work abroad scheme for added flexibility

• 💰 Financial Wellbeing

  • Competitive pension scheme via salary exchange
  • Annual discretionary bonus scheme (eligible after probation)
  • Financial education, planning & coaching platform
  • Interest-free Season Ticket Loan for London travel
  • Salary exchange nursery fee scheme

• 🩺 Health & Wellbeing

  • An in-house fully equipped gym, including instructor-led classes for pilates, HYROX and more
  • Life Insurance
  • Healthcare platform including:
    • Cashback on dental, optical & physio
    • Virtual GP access
    • Mental health and stress support helplines
    • Additional wellbeing resources

• 👶 Family & Lifestyle Support

  • Enhanced parental leave
  • Cycle to work scheme
  • Flexible benefits that support everyday life

• 🚀 Growth & Career Development

  • Career development and progression tools
  • Opportunities to grow within a fast-scaling international business
  • IFX-sponsored training budget for your individual learning & development

• 🎉 A Great Team Culture

• We will review your application and come back to you as soon as possible.
• You must be eligible to work in the UK to be considered for this position.
• Full background checks will be carried out on all successful candidates.