Internal Audit - Regulatory

JOB DESCRIPTIONS

RESPONSIBILITIES

• Stay abreast of industry developments and emerging regulatory trends that may impact the company's compliance requirements.
• Create and maintain a comprehensive regulatory map outlining the specific regulations relevant to the company's operations as well as the processes and internal controls that the company implements to ensure compliance to these regulations.
• Identify potential areas of non-compliance and assess associated risks, taking into account the company's growth plans and business outlook.
• Develop and execute Regulatory audit plans, scopes and programmes in accordance with business risks and regulatory requirements.
• Monitor and evaluate the company’s internal control environment and examine its adequacy, efficiency, and effectiveness to achieve compliance with regulatory requirements.
• Conduct regular and rigorous regulatory internal audits, ensuring Deriv’s practices align with the evolving fintech compliance landscape.
• Provide value-adding, practical and actionable recommendations to resolve findings and enhance internal controls to meet the goal of sustained compliance to our regulatory obligations.
• Collaborate effectively with cross-functional teams to implement action plans, enhance business processes and manage Regulatory risks.
• Develop and present detailed reports to senior management and stakeholders, enabling effective decision making.

Requirements

• 5+ years of experience in an internal audit role, preferably within the financial services or related industry, focusing on regulatory compliance internal audit.
• Bachelor’s or master’s degree in law, finance, commerce, or a related field.
• An in-depth understanding of the regulatory frameworks and compliance requirements relevant to the fintech industry.
• Exceptional analytical skills, with the ability to dissect and interpret regulatory frameworks and present clear, actionable insights.
• Proven ability to conduct thorough, unbiased audits and produce detailed, comprehensive reports.
• Strong collaborative capabilities, ensuring seamless cooperation with different departments and teams.
• High levels of attention to detail and a meticulous nature to identify subtle patterns or anomalies that may indicate underlying problems.
• Commitment to ethical standards, integrity, and maintaining the highest level of confidentiality.
• Excellent spoken and written English communication skills.