Description:
PayPal is looking for Head of Internal Audit AU
Job Description:
The position “Head of Internal Audit – Australia” will be based in Sydney and report directly to a the Head of Internal Audit, APAC. The position will be responsible for leading the Australia Internal Audit Plan
- Participate in the development of the Australia Internal audit plan and in its effective execution
- Review and report on the risk management framework.
- Evaluate the adequacy and effectiveness of internal controls relating to prudential, compliance and legal risks in accordance with PayPal’s audit methodology and the established risk assessment framework.
- Coordinate the process for reporting progress and findings to board and management
- Identify compliance risks and act as business partner to Compliance.
- Manage risk assessment and business monitoring activities and the overall implementation of group audit methodology.
- Manage and execute audit assignments, draft audit issues for review by audit management, facilitate issue tracking and validate closure of issues.
- Pro-actively develop and maintain professional working relationships with colleagues, the business and respective support areas and work in an integrated manner with fellow team members both locally and globally.
- Develop and maintain key local regulatory experience.
- Keep current on AU specific business/industry changes and their effect on the business, audit plan/approach and risk assessments.
- Provide coaching and mentorship to less experienced teammates.
Experience required:
The ideal candidate should have a minimum of 12-15 years of External Audit, Internal Audit or Compliance experience within a large and high growth company that provides financial products and services, and proven experience in evaluating internal controls or compliance programs. Working experience and knowledge of Australian financial regulatory mandates (AUSTRAC and APRA) is required.
The successful candidate must possess:
- A working knowledge and understanding of prudential, consumer regulations and financial crimes risks in the Australian market.
- Excellent relationship and communication skills to build internal networks within the team and wider firm, and the ability to clearly articulate business risks and controls at the senior management level and Audit Committee.
- Excellent client relationship skills.
- Proactive approach in managing engagements and seeking ways to add value.
- A team player with excellent time and project management skills and the ability to successfully manage multiple projects at one time.
- Design audit test programs and hands on ability to execute and oversee audits including ability to evaluate the adequacy of system and manual controls.
- Have excellent problem solving skills and attention to detail.
- Demonstrate ability to see the big picture, analyze risks and make recommendations for improvements to mitigate those risks.
- Experience with regulators and the regulatory exam process.
- A passion for understanding the unique PayPal community, along with a passion for understanding the online payments business
- Ability to travel 10-15% of time.
Key Responsibilities:
- Execute a range of internal audit projects from the planning and execution through to reporting
- Develop and maintain constructive working relationships with client at all levels from management through to Executives, Audit Committees, and Boards.
- Identify and deliver on value added services to the client.
- Provide clients with strategic and operational solutions to their needs.
- Support the internal audit strategies and methodologies for the Australia market.
Highly regarded:
- Working knowledge of Prudential, Financial risk and consumer regulations in the AU market.
- Certified Anti-Money Laundering Specialist, Certified Internal Auditor, or Certified Regulatory Compliance Manager
- Big 4 or Financial Services Experience
- Experience using audit data repository, work paper documentation, risk assessment tools such as TeamMate for leading the Australia Internal Audit Plan.