Senior Internal Audit Control Officer at PalmPay

Job Summary: 

The Internal Audit Control Officer plays a crucial role in ensuring the effectiveness of internal controls and compliance with regulatory requirements within the company. This position involves evaluating and improving the organization's risk management, control, and governance processes through systematic reviews and assessments. The ideal candidate will have a strong background in auditing, risk management, and financial services regulations.

Key Responsibilities:

• Internal Audit Planning: Assist in the development of the annual internal audit plan, including identifying key risk areas, defining audit objectives, and prioritizing audit activities based on risk assessment.
• Audit Execution: Conduct internal audit reviews in accordance with the established audit plan and professional standards, including planning, fieldwork, testing, and reporting phases.
• Risk Assessment: Assess the effectiveness of internal controls and identify areas of potential risk exposure through a combination of interviews, documentation review, and data analysis.
• Compliance Monitoring: Monitor compliance with relevant laws, regulations, and internal policies, and assess the adequacy of controls to mitigate compliance risks.
• Process Improvement: Recommend and facilitate the implementation of process improvements and control enhancements to strengthen the overall control environment and optimize business operations.
• Issue Identification and Resolution: Identify control deficiencies, compliance violations, and operational inefficiencies, and work with management to develop remediation plans and track progress towards resolution.
• Reporting: Prepare clear and concise audit reports documenting findings, recommendations, and management responses, and present audit results to senior management and the audit committee.
• Stakeholder Engagement: Build positive relationships with key stakeholders across the organization, including business units, compliance, risk management, and external auditors, to promote collaboration and knowledge sharing.
• Training and Awareness: Provide training and guidance to staff on internal controls, compliance requirements, and best practices for risk management and audit processes.

Qualifications:

• Bachelor's degree in accounting, finance, business administration, or a related field; advanced degree or professional certification (e.g., CPA, CIA, CISA) preferred.
• Minimum of 3-5 years of experience in internal audit, risk management, or compliance roles within the financial services industry.
• Thorough understanding of financial services regulations, including but not limited to banking regulations, securities laws, anti-money laundering (AML) requirements, and consumer protection regulations.
• Strong analytical skills and attention to detail, with the ability to assess complex processes and identify control weaknesses or areas for improvement.
• Excellent communication and interpersonal skills, with the ability to interact effectively with individuals at all levels of the organization.
• Proficiency in audit software tools, data analytics techniques, and Microsoft Office applications.
• Ability to work independently, manage multiple priorities, and meet deadlines in a dynamic and fast-paced environment.