Our client, a company currently in the process of obtaining a payment institution licence regulated in Malta, is committed to excellence in financial services and innovation within the payments sector. As the organisation continues to grow, it is seeking a dynamic and experienced professional to lead the Internal Audit Function.

Position Overview
The selected candidate will be responsible for executive oversight of the Internal Audit Function across the company and its associated entities. This individual will provide independent, objective assurance and consulting activities designed to add value and improve operational efficiency, internal controls, risk management, and overall corporate governance.

Key Responsibilities

• Lead and manage the entire audit cycle, with a focus on risk management, internal control systems, financial reliability, and regulatory compliance.
• Develop and implement comprehensive internal audit strategies and annual audit plans.
• Analyse and evaluate operational, financial, and compliance-related data, reports, and workflows.
• Prepare detailed audit reports for the Board of Directors, summarising findings and providing actionable recommendations.
• Offer independent advisory support to management on process and control effectiveness.
• Identify risk exposures, inefficiencies, and control weaknesses, and propose improvements to mitigate these risks.
• Maintain ongoing communication with senior management and the audit committee.
• Conduct follow-up audits to monitor the implementation of audit recommendations.
• Stay informed on regulatory changes, industry trends, and emerging risks in the payment services sector.
• Participate in senior management meetings and collaborate with stakeholders across the business to anticipate challenges and identify opportunities for improvement.
• Provide support with ad-hoc duties in line with the responsibilities of the role.

Requirements

• Proven experience as an Internal Auditor or in a similar senior role within a financial services or regulated institution.
• Strong knowledge of internal auditing standards, risk assessment practices, financial regulations, and compliance requirements, particularly within the EU Payments/EMI framework.
• Excellent analytical, reporting, and communication skills.
• Proficiency in audit software, Microsoft Office Suite, and accounting systems.
• Ability to work independently, exercise sound judgment, and maintain confidentiality.
• Bachelor’s or Master’s degree in Finance, Accounting, or a related discipline. A relevant certification such as CIA, CPA, ACCA, or equivalent is highly desirable.
• Experience with Maltese and EU regulatory frameworks is considered a strong advantage.

What’s on Offer

• Competitive remuneration package based on experience.
• Opportunity to work in a highly regulated, fast-paced, and innovative environment.
• Leadership position with autonomy and direct influence on strategic and operational decisions.
• Exposure to an international and diverse business structure.