Internal Audit Officer

You will:

• Plan, execute, and report on audits of operational processes and procedures to evaluate their efficiency, effectiveness, and compliance with internal policies and regulatory requirements. Assess the adequacy and effectiveness of internal controls in these areas, identifying operational risks, and recommending appropriate risk mitigation strategies.
• Conduct thorough audits of IT systems, applications, and infrastructure to ensure data integrity, security, and adherence to BSP regulations. Collaborate closely with Infrastructure, Information Security, and Engineering teams to evaluate the effectiveness of IT controls, including access controls, change management, and disaster recovery plans. Apply your technical expertise, including coding knowledge, to review and assess the robustness of code and software development practices, ensuring they align with best practices and regulatory standards.
• Proactively evaluate the security of information systems, identifying vulnerabilities, and recommending improvements to protect against evolving cyber threats.
• Perform targeted audits of financial processes, including accounting, budgeting, and financial reporting, to ensure accuracy, integrity, and compliance with regulatory requirements. Assess the effectiveness of internal controls over financial reporting, making recommendations for improvements. Review financial statements and reports to ensure they are accurate and complete.
• Partner with the Risk and Compliance Office to stay updated on BSP regulations and other relevant regulatory requirements affecting the fintech sector. Ensure the organization’s compliance through regular audits and reviews, and provide guidance on regulatory matters and best practices.
• Identify and assess risks across operational, IT, and financial areas. Develop and implement audit plans to address these risks, and monitor the effectiveness of risk mitigation strategies.
• Perform consulting engagements based on the audit plan.
• Stay updated in industry regulations and news that is relevant to the work.
• Work with the Head of Internal Audit to prepare comprehensive audit reports that clearly communicate findings, recommendations, and action plans. Present audit results to senior management and the Board of Directors, ensuring transparency and accountability.
• Track the implementation of audit recommendations, ensuring that corrective actions are completed in a timely manner. Promote continuous improvement of internal audit processes and methodologies.
• Utilize strong technical skills, including coding, to audit IT processes and the quality and security of the codebase, ensuring that the engineering team’s coding practices meet high standards of governance and security.