Posted 17 days ago
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Lead the development and implementation of internal audit policies and procedures for Revolut's South Africa operations, designing and executing the annual audit plan to mitigate business and regulatory risk. Collaborate with the Global Head of Internal Audit and local committees, interact with senior management, and assist external auditors as needed. Use data-driven audit techniques (SQL, Python, R, SAS) to test controls, identify root causes, and deliver actionable recommendations. Ensure compliance with South African regulatory requirements (including SARB) and maintain IIA SA certification standards.
- Compensation
- Not specified
- City
- Not specified
- Country
- South Africa
Currency: Not specified
Full Job Description
About Revolut
People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 65+ million customers get more from their money every day.
As we continue our lightning-fast growth, 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.
About the role
Our Audit team is critical to our business. They create internal risk management and compliance processes, and make sure they’re running efficiently.
We’re looking for a Head of Internal Audit who’ll lead the development and implementation of audit policies and procedures. You'll mitigate business risk across various functional areas to safeguard customers while giving them more control over their money.
Up to shape what's next in finance? Let’s get in touch.
What you’ll be doing
- Designing the annual internal audit plan, considering regulatory requirements and risks associated with operations in South Africa
- Developing and executing audit programmes in accordance with internal audit policies, procedures, methodologies, and regulatory requirements
- Attending local committees and maintaining the internal audit risk assessment process and related audit plans, working closely with the Global Head of Internal Audit
- Proactively seeking ways to make the best use of data as part of our audit process, including to inform our understanding of risks, test controls, and provide relevant insights to the business
- Advising on the identification of relevant regulatory requirements for incorporation as part of the audit scope and work programme
- Interacting with senior management and staff to obtain an understanding of relevant risks, controls, and processes
- Reporting on deficiencies and underlying root causes, providing recommendations to mitigate/address them while adding value
- Collaborating cross-functionally with global team to develop recommendations for audit findings, business process optimisation, internal control, and compliance
- Assisting external auditors in financial statement audits, as needed
- Monitoring audit progress (against expected timelines, scope, etc.), managing projects to completion and escalating where required
What you'll need
- 7+ years of professional experience in an audit related-role within a regulated financial services environment
- Experience across banking, security trade, payments, operations, risk, finance, and/or treasury processes
- An excellent understanding of regulatory compliance requirements in South Africa for EMI and/or retail banking
- Expertise working with and interpreting data, with experience in SQL, SAS, Python, or R
- Experience dealing with the SARB
- Extensive audit experience on risk assessment, process and control review, implementation, and advice
- Knowledge of COSO, IIA Standards, CSA, etc.
- The ability to work independently while managing concurrent deadlines and multiple priorities
- Solid critical thinking and problem-solving skills
- To be certified by the Institute of Internal Audit South Africa (IIA SA)
Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.
Important notice for candidates:
Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.
• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.
• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.
We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.
By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice
