About IFX Payments

We're an award-winning global provider of foreign exchange and payment solutions. At IFX, our mission is to become the number one service-led alternative banking partner in EMEA for corporates and Financial Institutions that add value beyond the transaction. We have one guiding principle: to Win. Properly.

What we offer

Everyone at IFX Payments has a meaningful and impactful role to play in helping us achieve that goal. We take pride in the quality of our work but balance that with the speed, intent, tenacity, and focus needed to win. We're a high-performance team who can trust each other as individuals to get the job done so we can be successful together.

Being part of IFX Payments, you'll receive every opportunity to thrive in your role to contribute to that success. We'll invest in you along the way to genuinely help you grow and take your career to new and exciting places. You'll work alongside experienced industry leaders, receive guidance from pioneering performance coaches and have the option to gain qualifications in your field that help you realise your ambitions. In exchange, we don't expect anything extra from you during your time here. We only ask you to do one thing: Make it count.

Benefits

• 25 days of annual leave + bank holidays and your birthday off.
• Pension auto-enrolment with salary sacrifice contributions.
• Healthcare cash plan including support for dental, physio and therapies.
• Discounts on fitness, cinema discounts, shopping, travel, entertainment and more!
• Life Insurance.
• Cycle to work.
• Nursery fees salary exchange.
• Employee Assistant Programme
• Career progression with excellent training and development.
• Company events – Pub nights, sporting events, seasonal parties, socials

What's the role?

Job Title: Internal Audit Manager

Team: Compliance

Location: London

Overview of the role

The Internal Audit Manager is responsible to lead our internal audit function. In particular they are responsible for overseeing and managing all aspects of the internal audit process, ensuring that IFX operates in compliance with applicable laws, regulations, and internal policies. They provide independent and objective evaluations of our internal control systems, risk management processes, and operational efficiency. They also play a crucial role in providing valuable insights and recommendations to enhance the effectiveness of our business operations.

Responsibilities

• Collaborate with senior management and the audit committee to develop a comprehensive internal audit plan that addresses key risks and priorities. Ensure the plan is aligned with organisational objectives and regulatory requirements.
• Perform risk-based internal audits to assess the effectiveness of internal controls, identify control weaknesses, and evaluate compliance with policies and regulations. Plan, execute, and document audit procedures, including testing, analysis, and evaluation of data and information.
• Analyse audit findings, assess the significance of identified issues, and determine the root causes. Prepare clear and concise audit reports that effectively communicate findings, recommendations, and remediation plans to senior management and the audit committee.
• Collaborate with management to develop practical and actionable recommendations to address control deficiencies, mitigate risks, and improve operational efficiency. Advise on best practices and emerging trends in internal audit and risk management.
• Track and monitor the progress of remediation plans and actions resulting from internal audits. Engage with stakeholders to ensure timely implementation of agreed-upon corrective measures. Provide periodic updates to management and the audit committee.
• Keep abreast of changes in regulations, laws, and industry standards relevant to the organisation. Assess the impact of these changes on internal controls and risk management practices and make recommendations for adjustments or enhancements as needed.
• Continuously improve internal audit processes, methodologies, and tools to drive efficiency, effectiveness, and quality. Identify opportunities for automation and leverage technology solutions to streamline audit activities.
• Establish and maintain effective working relationships with key stakeholders, including senior management, the audit committee, external auditors, and regulatory bodies. Collaborate and coordinate with other assurance functions to ensure a cohesive approach to risk management.
• Lead or participate in special projects, investigations, or ad hoc assignments as required.
• Appropriately assess risks when evaluating business decisions, with particular consideration for the firm's reputation and the protection of assets.
• Ensure compliance with applicable laws, rules, and regulations, demonstrating sound ethical judgment and behaviour.
• Escalate, manage, and report control issues transparently and in accordance with established procedures.

Responsibilities

• Proven track record in internal audit role within the financial industry, preferably within the fintech industry, consultancy or Big Four.
• Working understanding of financial services regulatory environment (preferred if this is in the payments/e-money area) – required.
• Excellent written communication and verbal presentation skills.
• A collaborative approach to working with others and committed to an inclusive environment.
• Understanding of applicable laws and regulations.
• Excellent interpersonal skills.
• Strong analytical and problem-solving skills.
• Ability to work independently and collaboratively in a team environment.
• Highly organised and detail oriented.
• Ability to manage multiple priorities and deadlines.
• Self-starter with high level of integrity and positive attitude.
• Experience leading and developing a team.
• A true team player with a winning mentality and strong work ethic committed to continuous improvement and high performance
• Adaptable, tenacious and flexible who is able to perform under pressure

Diversity & Inclusion

We believe that diversity and inclusion are essential to our success. We are committed to fostering a culture where everyone feels valued and respected, regardless of their background, identity or experiences. By embracing diverse perspectives and promoting equity, we aim to create an environment where all employees can perform and reach their full potential.

Additional Information

- We work on a hybrid basis from our office in central London.

- You must be eligible to work in the UK to be considered for this position.

- Full background check will be carried out.