
Internal Audit Manager
4 days ago
Job Description
Our company Wolt License Services Oy is a dynamic payments compliance organization, specializing in payment and financial services for our parent company Wolt, a prominent platform marketplace. WLS currently manages all merchant payment flows across 20 EEA markets, ensuring strict adherence to regulatory requirements, including AML, safeguarding customer funds, and maintaining robust internal controls. As a licensed and supervised payment and e-money institution, we are committed to upholding the highest standards of integrity, transparency, and efficiency in our operations.
As we continue to expand our operations and enhance our governance frameworks, we are seeking a highly skilled and experienced Internal Audit Manager to join our team. Reporting to our Director, Internal Audit, this individual will play a pivotal role in establishing and leading our internal audit function. The Internal Audit Manager will be responsible for developing and executing a comprehensive, risk-based audit plan that covers all aspects of our business, including payments, e-money services, compliance, and IT systems.
The ideal candidate will bring extensive experience in internal auditing within the financial services sector, with a strong understanding of regulatory requirements across the EEA. This role demands a proactive, analytical mindset and the ability to work closely with senior management, regulators, and other stakeholders. The Internal Audit Manager will not only ensure that our internal controls are effective and aligned with industry best practices but will also provide valuable insights that drive continuous improvement across the organization.
Enthusiasm for fostering a culture of compliance and accountability, coupled with excellent communication and leadership skills, is essential. This role offers a unique opportunity to shape the future of our internal audit function, playing a critical role in ensuring the long-term stability and success of our operations. The ability to manage multiple priorities, work autonomously, and navigate complex regulatory landscapes with precision and integrity is a must.
Key Responsibilities:
- Audit Strategy and planning: development and implementation of a comprehensive internal audit strategy, followed by a risk-based audit plan covering all significant areas of the regulated business
- Execution of audits: leadership and management of the end-to-end audit processes while ensuring that audits are conducted in accordance with established standards and best practices
- Risk assessment: continuous assessment of the risk landscape in close collaboration with Risk and Compliance Manager and Head of FinCrime Prevention and evaluation of the design and effectiveness of internal controls
- Regulatory compliance: actively contribution to ensure that the E-money and Payment Institution remains compliant with all relevant regulatory requirements
- Reporting and communication: Preparation and presentation of clear and concise reports and recommendations to colleagues, senior management and board of directors together with effective communication with regulators and other external stakeholders
- Team membership and development: Build and foster a culture of continuous improvement, integrity and compliance e.g. by providing trainings and allocating resources
Our humble expectations
Skills:
- Strong and demonstrated understanding of internal auditing principles and practices
- Knowledge of payment industry regulations and compliance requirements in Europe, including PSD2, GDPR, and AML directives
- Experience in conducting audit assessments and developing audit plans
- Strong analytical skills with the ability to evaluate complex processes and identify areas for improvement
- Attention to detail and the ability to spot inconsistencies or irregularities
- Ability to communicate effectively with various stakeholders, including senior management and external auditors
- Stay updated on changes in European financial regulations and ensure the institution's adherence to relevant laws and standards
- Excellent verbal and written communication skills in English; knowledge of additional European languages is a plus
- Highly business driven mindset and willingness to support the growth by providing valuable insights for further development
- Ability to adapt to a fast-paced, dynamic and unpredictable work environment
- Demonstrate flexibility in handling multiple tasks and changing priorities
Experience:
- Minimum of 5 years of experience in internal auditing, preferably within the financial services or payment industry
- Previous experience with a European payment institution, financial institution or one of the FSA's is a plus
- Proven track record of conducting successful audits and providing valuable recommendations
- Experience in liaising with regulatory bodies and auditors during examinations and audits
Next Steps:
If you are excited about working in a high-growth environment, taking ownership of things you care about, and being part of an ambitious group of professionals, then click below to apply and get the conversation going
What You'll Get By Joining Us:
- Opportunity to be part of building something exceptional, in an international environment
- Lots of learning and growth in a globally scaling tech company
- Competitive salary + long term incentive plan available
- Hybrid working environment
If you have any further questions about the position, you can turn to:
Chene Elliot, Talent Acquisition Partner - c.elliot@external.wolt.com
Please note that we do not accept applications sent by mail. You should submit your application through our careers website
About Wolt:
Wolt is a Helsinki-based technology company that provides an online platform for consumers, merchants and couriers. It connects people looking to order food and other goods with people interested in selling and delivering them. To enable this, Wolt develops a wide range of technologies from local logistics to retail software and financial solutions – as well as operating its own grocery stores under the Wolt Market brand.
So, why work at Wolt?
At Wolt, We're About Getting Things Done.
You'll probably enjoy it here if you like taking ownership, developing yourself and being around friendly, humble and ambitious people.
We work hard to make cities into better places, and it's pretty cool seeing us grow every week. If you're passionate about building things that just… work, Wolt might be for you.
Our Commitment to Diversity, Equity & Inclusion:
We want to have all sorts of people in our team – people like you and me, and people different from you and me. To be able to work with diverse teammates – when it comes to gender, age, ethnicity, life background, sexual orientation, political views, religion, or any other personal trait – we consciously aim to offer equal opportunity for everyone to work with us. This is because we believe diverse teams make the most thought-through decisions and build things in the most inclusive way.
Join us today to build Wolt together.
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