Develop and execute a risk-based internal audit plan for the virtual bank, considering regulatory requirements, industry best practices, and emerging risks.
Working in a small team of internal auditors, providing guidance, coaching, and performance feedback to ensure the effective execution of audit engagements.
Conduct comprehensive internal audits of the virtual bank's operations, processes, and controls to assess compliance, identify control weaknesses, and recommend improvements.
Review and evaluate the effectiveness of internal control systems, risk management practices, and governance processes.
Collaborate with cross-functional teams, including Compliance, Risk Management, and Technology, to ensure alignment and coordination of audit activities.
Prepare and present audit findings, recommendations, and reports to senior management and the Audit Committee.
Monitor and track the implementation of audit recommendations and ensure timely resolution of identified issues.
Support external audits and regulatory examinations by providing requested information and facilitating the audit process.
Continuously improve the internal audit function by implementing best practices, enhancing audit methodologies, and leveraging technology tools.
Qualifications:
Bachelor’s degree in Accounting, Finance, or a related field. A relevant professional certification (e.g., CIA, CISA, CPA) is required.
Extensive experience 5+ years in internal auditing, preferably within the banking or financial services industry.
Strong knowledge of banking operations, regulatory requirements, and risk management practices.
Experience in leading and managing internal audit teams, including remote teams or virtual work environments.
Proficiency in using audit software and data analytics tools.
Knowledge of emerging technologies and their impact on virtual banking operations is a plus.