Varo is building a world-class Internal Audit Function. As Varo’s third line of defense, the Internal Audit Team will provide independent assurance on Varo’s governance, risk management practices, and internal controls. We will also conduct special advisory projects. As Varo is the first consumer fintech to get a national bank charter in the United States, we are seeking skilled and highly motivated professionals who want to be part of building a new audit function for a technology and data-driven business model in a regulated financial services sector.
As Senior Auditor you will assist in the planning, design, and performance of operational, product, and compliance audit programs including Internal Controls for Financial Reporting (ICFR). We are looking for someone who is well organized, analytical, a quick learner, and can adapt and work across different areas of the business
What you’ll be doing:
- Involved in planning and executing the operations, product and compliance audits for various functions, areas, and business processes within Varo
- Perform risk and control evaluations to assigned business areas to assess potential weaknesses in - process controls, consumer protection, and compliance with applicable laws and regulations
- Participate in walkthroughs and meetings with key business partners
- Perform testing of key controls and document results
- Effectively communicate the results of audit work
- Contribute to the audit methodology and development of the annual plan
- Develop and maintain productive client and team relationships
- Complete all work assigned on a timely basis, including ad hoc projects
- Monitor progress of management's committed action plans and validate closure of remediated audit issues and regulatory findings
- Conduct all audit work in accordance with Internal Audit policies and procedures, the Institute of Internal Auditors (IIA) “International Professional Practices Framework” (IPPF), and applicable regulatory guidelines
You’ll bring the following required skills and experiences:
- 4+ years of experience in internal auditing in a regulated financial institution
- Demonstrated knowledge of various business practices and regulations such as NACHA, FDICIA and FFIEC guidelines ICFR/SOX controls experience is desired but not required
- Ability to identify risks, assess controls, and develop practical recommendations
- Business acumen reflecting insight/understanding of business concepts, tools, systems, and processes needed for making sound decisions in Varo’s business
- Effective communicator who can transmit, receive, and accurately interpret ideas, information, and needs plus adjust to the audience
- Proven history of accuracy and attention to detail with minimal oversight and errors
- Bachelor's or Master's degree from an accredited university or equivalent education and experience, including military service, in the absence of a degree
- Professional designations such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or equivalent are desired but not necessary
