Job Description

Description

Overview of the role

The Internal Audit Manager is responsible to lead our internal audit function. In particular they are responsible for overseeing and managing all aspects of the internal audit process, ensuring that IFX operates in compliance with applicable laws, regulations, and internal policies. They provide independent and objective evaluations of our internal control systems, risk management processes, and operational efficiency. They also play a crucial role in providing valuable insights and recommendations to enhance the effectiveness of our business operations.

Key Responsibilities

Collaborate with senior management and the audit committee to develop a comprehensive internal audit plan that addresses key risks and priorities. Ensure the plan is aligned with organisational objectives and regulatory requirements. Perform risk-based internal audits to assess the effectiveness of internal controls, identify control weaknesses, and evaluate compliance with policies and regulations. Plan, execute, and document audit procedures, including testing, analysis, and evaluation of data and information. Analyse audit findings, assess the significance of identified issues, and determine the root causes. Prepare clear and concise audit reports that effectively communicate findings, recommendations, and remediation plans to senior management and the audit committee. Collaborate with management to develop practical and actionable recommendations to address control deficiencies, mitigate risks, and improve operational efficiency. Advise on best practices and emerging trends in internal audit and risk management. Track and monitor the progress of remediation plans and actions resulting from internal audits. Engage with stakeholders to ensure timely implementation of agreed-upon corrective measures. Provide periodic updates to management and the audit committee. Keep abreast of changes in regulations, laws, and industry standards relevant to the organisation. Assess the impact of these changes on internal controls and risk management practices and make recommendations for adjustments or enhancements as needed. Continuously improve internal audit processes, methodologies, and tools to drive efficiency, effectiveness, and quality. Identify opportunities for automation and leverage technology solutions to streamline audit activities. Establish and maintain effective working relationships with key stakeholders, including senior management, the audit committee, external auditors, and regulatory bodies. Collaborate and coordinate with other assurance functions to ensure a cohesive approach to risk management. Lead or participate in special projects, investigations, or ad hoc assignments as required. Appropriately assess risks when evaluating business decisions, with particular consideration for the firm's reputation and the protection of assets. Ensure compliance with applicable laws, rules, and regulations, demonstrating sound ethical judgment and behaviour. Escalate, manage, and report control issues transparently and in accordance with established procedures.

Skills, Knowledge and Expertise

Proven track record in internal audit role within the financial industry, preferably within the fintech industry, consultancy or Big Four. Working understanding of financial services regulatory environment (preferred if this is in the payments/e-money area) - required. Excellent written communication and verbal presentation skills. A collaborative approach to working with others and committed to an inclusive environment. Understanding of applicable laws and regulations. Excellent interpersonal skills. Strong analytical and problem-solving skills. Ability to work independently and collaboratively in a team environment. Highly organised and detail oriented. Ability to manage multiple priorities and deadlines. Self-starter with high level of integrity and positive attitude. Experience leading and developing a team. Excellent verbal and written communication skills. A true team player with a winning mentality and strong work ethic committed to continuous improvement and high performance. Adaptable, tenacious and flexible who can perform under pressure.

Benefits

25 days' annual leave, plus bank holidays and an extra day off for your birthday! Holiday loyalty scheme. Life Insurance. Work abroad scheme. Enrolment into our pension scheme, which we offer via a salary exchange scheme. Access to a financial education, planning and coaching platform. Membership with Healthcare platform, which offers cash back on healthcare focused on dental, optical & physio, plus access to stress helplines, a virtual GP and more. Salary exchange nursery fees. Enhanced parental leave. Cycle to work. Career development and progression tools. Company events - Sporting events, pub nights, seasonal parties, socials.

Diversity & Inclusion

We believe that diversity and inclusion are essential to our success. We are committed to fostering a culture where everyone feels valued and respected, regardless of their background, identity or experiences. By embracing diverse perspectives and promoting equity, we aim to create an environment where all employees can perform and reach their full potential.

What's next?

We will review your application and come back to you as soon as possible. You must be eligible to work in the UK to be considered for this position. Full background checks will be carried out

About IFX Payments

We're an award-winning global provider of foreign exchange and payment solutions. On a mission to become the number one service-led alternative banking partner in EMEA for corporates and Financial Institutions that add value beyond the transaction.



FX Payments was built to challenge the status quo of cross-border money movement. From our early days to today, our goal has remained the same: to provide seamless, secure, and scalable solutions for businesses operating globally. With a growing presence and a reputation for service excellence, we've become a trusted partner for clients who demand more from their payment provider. We're here to make international money movement feel local--driven by service, powered by innovation, and committed to delivering value beyond the transaction.