Our client is a leading financial institution and a key player in the Maltese market, forming part of a highly diversified multinational group of companies. With over 270 employees, the Bank offers a comprehensive range of lending and savings solutions to both personal and business customers. Through its network of thirteen retail branches across the Maltese Islands, our client strives to provide highly personalized services. They are a team of inspired individuals who believe that every opportunity starts with a conversation.

Key Responsibilities:

In this important role, the individual will guide and manage audit activities within the Bank, including coordinating internal audit planning, audit execution, and reporting of audit results. Reporting to the Head of Internal Audit, the role is key in ensuring a solid internal controls foundation from a third line of defense perspective.

• Assist in the development and execution of risk-based internal audit plans.
• Help maintain and implement the audit strategy, aligning it with the organization's objectives and professional internal audit standards.
• Conduct walkthroughs and meetings with internal stakeholders to understand processes, procedures, internal controls, and risk areas.
• Map out the processes under review and assess the effectiveness of internal controls.
• Prepare audit programs aligned with established audit scopes.
• Review documents, execute testing, document workpapers, and draft reports.
• Prepare or review detailed audit reports, clearly communicating findings, recommendations, and action plans intended for senior management and the Board of Directors.
• Monitor and follow up with management on the remediation of audit issues and the implementation of recommendations.
• Supervise and coach junior team members, reviewing their work accordingly.
• Assist with ad-hoc assignments that arise within the Internal Audit Department.
• Stay updated with industry trends, regulatory changes, and emerging risks to ensure audit processes remain relevant and effective.
• Respond to regulatory and external auditor inquiries, ensuring smooth examinations and audits.
• Foster strong relationships with key stakeholders and provide expert guidance on audit matters to various business units.

Required Qualifications and Experience:

The ideal candidate should be well-organized, meticulous, and have a strong willingness to learn, with a team-oriented approach to work. Candidates must also have:

• ACCA qualification and/or a Bachelor’s degree in a financial services-related field, with a preference for a master's degree and/or professional certifications (e.g., CPA, CIA, or CISA).
• A minimum of 5 years of internal audit experience, with at least 2 years in a supervisory or managerial role, preferably within the financial services sector.
• Broad audit experience across various areas, including IT, finance, operations, AML, and compliance.
• Proven experience in managing audit engagements, small audit teams, and delivering high-quality reports and recommendations.
• Strong ability to work both independently and as part of a team.
• In-depth knowledge of internal audit methodology, internal audit standards, risk assessment, and internal control frameworks.
• Excellent analytical skills to identify issues, root causes, and propose practical solutions.
• Effective communication and interpersonal skills for interacting with stakeholders at all levels of the organization.
• Detail-oriented with a strong risk and control mindset, capable of managing multiple projects and priorities simultaneously.
• Familiarity with relevant regulatory requirements for financial institutions.
• High integrity, professionalism, and ethical behavior.
• Previous experience in banking processes and practices will be considered an asset.

What They Offer:

• Ongoing personal development.
• Preferential interest rates on home loans, personal loans, and home value loans.
• Comprehensive academic support, including fully subsidized staff study loans.
• Private health insurance coverage, extendable to dependents.
• Life insurance and personal accident coverage.
• Free ophthalmic examinations.
• Private counseling sessions in collaboration with the Richmond Foundation.
• Additional half-day leave for birthday celebrations.
• Annual performance appraisals and salary reviews.
• €250 annual wellness allowance.
• Complimentary mammogram screenings for female employees over 40 and PSA screenings for male employees over 40.
• Flexible work arrangements (role permitting).
• Various corporate discounts.