Job Description
Here at SmallWorld Financial Services, we know how important it is to be able to support friends and family from abroad. Put simply, we believe that the more people we can help transfer money to overseas family, friends and businesses, the smaller the world becomes.
Our employees are as diverse as our customer base and we value the sharing of skillsets and cultures that come with a truly international company present in several countries.
SmallWorld is one of the largest money transfer companies in the world. We have a network of over 253,000 pick-up locations and a global team of over 1000 people who are responsible for over 15 million worldwide transactions each year.
Are you passionate about working for a global company that celebrates differences? Do you want to empower people and families to support each other regardless of distance?
Then join us! Let's make this big world into SmallWorld.
Purpose of role:
Reporting to the Deputy Head of Audit, we are looking to hire a Senior Internal Auditor who specialises in Financial Crime (FinCrime) and has the ability to support other financial services focused regulatory audits globally. This will be a new role within our Group Internal Audit team and the successful candidate will have ownership for developing and executing a portfolio of internal audits primarily focused on FinCrime topics including but not limited to financial crime risk management, Know Your Customer (KYC) checks, ongoing due diligence, transaction monitoring and sanctions screening. The successful candidate will also have a unique opportunity to work across our other audit areas including financial services audit, operational risk and technology supporting both our UK business as well as our expanding global businesses.
Role details:
Working closely with our 2LOD teams, to develop and execute audits in accordance with our global internal audit policies, procedures, methodologies, regulatory requirements and the Standards for the Professional Practice of Internal Auditing.
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.
Providing input and assist in the identification of relevant risks and regulatory requirements for incorporation as part of our audit scope and work programs.
Interacting with staff to obtain an understanding of relevant risks, controls and processes.
Assisting in communicating and discussing findings with business unit management.
Assisting in developing audit reports which identify deficiencies and underlying root causes; provide recommendations to mitigate/address deficiencies while adding value to SWFS Group.
Conducting research and successfully complete assigned training requirements necessary to maintain relevance.
Working closely with business units at all levels to develop recommendations for audit findings, business process optimisation, internal control and compliance.
Conducting follow-up reviews of deficiencies noted during audits or conduct action follow- up
Monitoring audit progress (against expected timelines, scope etc) and project manage to completion, escalating where required in a timely manner. Person specification: Required skills and qualifications
5+ years of professional experience in an audit related-role within a regulated financial services environment.
ACA / ACCA / CIA qualified or an undergraduate or Master's degree in a quantitative discipline.
A good understanding of the current regulatory environment, including EU Money Laundering Directives and the UK regulatory environment (FCA, UK Money Laundering Regulations, UK Bribery Act and JMLSG Guidance)
Interest in data and proficiency in both working with and interpreting data - ideally with
practical experience with one of the following: SQL, SAS, Python, RACA or CIA
A desire and drive to learn, grow and have impact quickly as part of an expanding team
Strong critical thinking and problem-solving skills
Strong interpersonal communication skills
Strong computer/technology skills
Strong organisational and project management skills
Strong attention to detail
Desirable Skills
Experience working in a fast-paced environment with a focus on execution
Experience of payments or money transfer industry.
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