Head of Internal Audit

Job Description

Reporting to the Global Head of Operations and i2c’s Board through the Governance, Risk & Compliance Committee (GRCC), the Head of Internal Audit is responsible for the review of all key functional departments, the identification and assessment of key risks, and the design and operation of a continuous improvement program at i2c aligns with the requirements of the payments and banking industry. The Head of Internal Audit is expected to drive a culture of meeting and exceeding industry best practices through innovative approaches, practices, and leadership in keeping with i2c’s vision, mission, values, and culture.  
 

• Work with management to ensure a system is in place which ensures that all major risks are identified, analyzed, and acted upon in an agile manner.
• Plan and implement kaizen / internal audit activities to provide assurance, insight, and advice to the management under supervision of the GRCC.
• Provide and review follow-up plans for all audits performed and discuss in the GRCC meetings along with their score ratings. 
• Prepare and circulate minutes of meetings of the GRCC to relevant stakeholders.   
• Prepare and maintain a charter for internal audit that is periodically reviewed and approved by the GRCC. 
• Drive the development of Standard Operating Procedures (SOPs) throughout the organization, including the development and documentation of key risk controls. 
• Manage the direction and leadership of the Internal Audit team and ensure all aspects of the internal audit function operate at the highest levels.
• Ensure that Internal Audit practices are either aligned with or an improvement on the profession’s standards and guidelines given by the institute of Internal Auditors.
• Deliver effective and clear audit reports. Ensure that audit issues are well-defined, root causes are identified, and recommendations for improved internal controls and processes are communicated appropriately. As needed, provide leadership for the development and implementation of corrective action plans.
• Provide clear and concise oral and written communications details of the Kaizen / Audit programs, objectives, and findings to senior management, external auditors (ISO Audits as well), audited subjects, and regulatory authorities.
• Coordinate internal audit efforts with the Company's external auditors to ensure the most cost-effective audit coverage.
• Manage the enterprise risk management (ERM) program and ensure top risks are assessed and adequate mitigation steps are in place.
• Ensure that Internal Audit function (a key element of i2c’s enterprise-wide risk management approach) interfaces with other risk and oversight functions to ensure optimal coverage of i2c's key business risks. 
• Maintain an independent yet supportive in-house assurance capability that provides comfort to i2c's management and the GRCC as to the company's overall control environment. 
• Report to both the GRCC and management on the policies, programs, and activities of the department.
• Review all key functions, report on the findings, make  recommendations on systems and procedures, and monitor management's response and implementation of recommended controls/remediation measures.
• Review and report on the accuracy, timeliness and relevance of financial and other information that is provided to management. 
• Oversee regular audits of various business functions to ensure their procedures comply and align with industry best practices and security standards.
• Raise Risk and Security awareness within the organization through training sessions and published materials.

We are looking for

• Education: Management Sciences, Accounting/Finance, ACA, FCA
• Experience: Minimum 15 Years

Skills

• Working experience and Knowledge of the International Professional Practices Framework of the Institute of Internal Auditors 
• Interest in Compliance & Regulations 
• Knowledge of a variety of reporting procedures, regulations and law
• Demonstrates competence and due professional care. 
• Aligns with the strategies, objectives, and risks of the organization. 
• Demonstrates quality and continuous improvement.
• Critical Thinking and Analysis
• Tenacity and Ethics
• Provides risk-based assurance. 
• Is insightful, proactive, and future-focused.
• Promotes organizational improvement.
• Planning and Time Management
• Effective Communication and Human Relations skills
  
  Specific Tools, Technologies, or Equipment Skills
   MS Office 365
   Effective Presentation Skills
  
  Professional certifications: 
  Certified Internal Auditor, Certified Information Systems Auditor