Bank Internal Audit Head - Remote - up to 200k

We are looking for an Internal Audit Head for our Fintech clientSalary: up to 200kSchedule: Monday to Friday, dayshiftSet-up: RemoteIndustry: Fintech The Head of Internal Audit is responsible for the overall audit project management activities of the bank and ensures the operations of the bank complies to the major regulations by implementing thorough assessments.Responsibilities:Prioritize internal audit processes based on risk assessments Plan, develop, and scope the audit test plan Performs independent and reliable assessments of the effectiveness of the banks risk management activities and its internal control-environment. Review internal processes Evaluate and examine the effectiveness and adequacy of the internal control systems Reviews processes of external partners Monitor exceptions and reports and provide feedback to partner facing teams. Systems/ IT audit Board reporting Responsible for resolving material issues and giving relevant recommendations to the SeniorManagement, Reporting Audit Results Ensure adequate AML coverage Review of AML CTR and STRAs per regulation, this position will report directly to the independent Risk and Audit Committee of the Bank. The position will be independent of the Management but will work closely with the management of the bank in theimplementation of the responsibilities.Required skills and qualifications:This position requires expertise in control functions, while also understanding the implications of these functions on business operations to ensure the functions are implemented in a client friendly manner.The specific areas of expertise seen in the candidate will include: Leadership of internal audit functions Definition of an Audit plan Definition of audit timetable Oversight of audit functions Management of internal and external reviews Experience in policy development. Clear and concise writing. Technical expertise in audit activities, including the following: Expertise in Auditing and Accounting Principles: Comprehensive knowledge of auditing standards, accounting principles, and financial reporting is crucial. Regulatory Knowledge: Familiarity with banking laws, regulations, and compliancerequirements. This involves understanding both local regulations and international standards such as the Basel Accords. Risk Management: Ability to identify, assess, and manage risks across all areas of the bank, including credit, market, operational, and liquidity risks. Analytical Skills: Strong analytical skills to evaluate data, assess control environments, and make recommendations based on findings. Communication Skills: Excellent verbal and written communication skills to effectively report findings to the bank's management and board, and to liaise with regulatory bodies. Ability to work closely with partners to complete audit assessments. Leadership and Management Skills: Ability to lead and manage the internal audit team, including planning and assigning work, mentoring staff, and evaluating performance. Technology Proficiency: Understanding of information systems and technology as they relate to auditing processes. Familiarity with audit software and the ability to assess IT controls is important. Critical Thinking and Problem-Solving Skills: Ability to think critically, solve problems efficiently, and provide practical recommendations to improve the bank's operations and control environment. Ethical Judgement and Professionalism: High ethical standards and professionalism to maintain the confidentiality of information and remain objective and independent in the audit process.Continuous Learning: Commitment to continuous professional development to stay up-to-date with changes in the banking sector, auditing standards, and regulationsMust have:At least 10 years of Internal Auditing experience, preferably from the Banking/Fintech industryAt least 5 years of Senior Management experience in Internal AuditingOriginally posted on Himalayas