Head of Internal Audit - India

Job Description

ABOUT THE TEAM Revolut continues to grow and is entering India with a multi million pound investment inIndia over the next few years. Revolut India will look to introduce multiple digitally-enabled products across banking, cards and payments, foreign exchange remittances, investments and other financial services. We will help customers improve their financial health, give them more control, and connect people seamlessly across the world. We approach all roles the same way at Revolut. We take complex issues, and create extraordinary solutions that our customers love. Put simply, we build things we want to use ourselves, that we’re proud to show to our friends and families. ABOUT THE ROLE When you join Revolut, it’s not just another job. You’ll have the chance to build something that really matters, with a team that will become like family to you. We’ll give you the freedom and tools to bring your absolute best, and the opportunities will be limitless. We are looking to hire a superstar Head of Internal Audit who will develop and own the Internal Audit function for Revolut India. This will be a new role within our India office and would work closely with the Global Head of Audit. WHAT YOU NEED TO ACHIEVE • You will be responsible for the production and delivery of the internal audit plan covering Revolut’s legal entities in India. • In addition you will need to efficiently, quickly and effectively deliver a portfolio of impactful audits that provide both assurance and insight to help Revolut meet its goals. WHAT YOU'LL BE DOING • Develop the annual audit plan for Revolut’s legal entities in India considering regulatory requirements and risks associated with the operations of the India entity • Develop and maintain the Internal Audit Policies and Procedures • Interact with regulators, Board and internal stakeholders and represent the Internal Audit department in local Executive Committees. • Develop and execute audit programs in accordance with internal audit policies, procedures, methodologies, regulatory requirements • Proactively seek 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 • Communicate and discuss audit findings and recommendations with relevant stakeholders • Develop audit reports which identify deficiencies and underlying root causes; provide recommendations to mitigate/address deficiencies while adding value to Revolut • Build-out an audit capability within India through direct hires/co-sourcing • Work closely with business units (both India-based and globally) at all levels to develop recommendations for audit findings, business process optimisation, internal control and compliance • Conduct follow-up reviews of deficiencies noted during audits • Identify common features across audits and organisation-wide issues and propose appropriate improvements WHAT YOU'LL NEED • 10+ years of professional experience in an audit related role within a regulated financial services environment. CA, CPA or CIA preferred • Deep knowledge of systems and controls within Payments/Retail Banking businesses for managing prudential (incl. credit, market, liquidity, operational) and conduct risks • Excellent understanding of regulatory compliance requirements in India • Experience in interacting with regulators and executive members • Excellent critical thinking and problem-solving skills • Strong organisational and project management skills • Attention to detail; strong communication skills OUR VALUES We’re looking for people who align with our five core values: we believe that we Get it Done because we Think Deeper and are strongly rooted in the Dream Team. We Never Settle hence why we always Deliver Wow. You want to join a community of forward thinking people - we are here for you. Please note that this is a remote role to be hired within the country & the candidates can be based in Mumbai, Bangalore, or Delhi NCR as we currently do not have a physical office in India. THE BENEFITS Competitive salary Biannual equity bonuses All the latest tech you need Skip the commute and work from home once a week A little about us... When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate. Launching into 2020 with 10 million Personal customers and over a quarter of a million Business customers only reinforced our belief in the vast need across the world for better financial services. As our customer base has boomed in the last year, we’ve expanded our team to match that growth. We started 2019 with several hundred employees; we closed it out with 2000. What we’re looking for... Revolut is being scaled up by people all around the world who share our vision. We’re looking for people who align with our five core values: we believe that we Get it Done because we Think Deeper and are strongly rooted in the Dream Team. We Never Settle hence why we always Deliver Wow. You want to join a community forward thinking people - we are here for you. We believe in empowering our Revoluters in their work, giving them autonomy and ownership of what they do. We want everyone at Revolut to own their story and their successes - working with us means you’re not just another cog in the machine. By applying for the above role, you confirm that you have reviewed our Data Privacy Notice for Candidates . Apply for this job