VP of Internal Audit

As the VP of Internal Audit, youll ensure the effectiveness of Derivs internal control systems, risk management processes, and regulatory compliance. Its no ordinary gig — this is your chance to lead an innovative internal audit function that takes us to new heights and helps us achieve our strategic goals.

Were all about staying ahead of the game by leveraging advanced data analytics and risk assessment techniques. Youll be the mastermind behind gaining valuable business insights, spotting trends, and making sure weve got all our bases covered. Your role is crucial in safeguarding our assets, protecting our hard-earned reputation, and keeping our customers happy.

So if youre motivated by demanding work, thrive in high-pressure environments, and want to make a real difference, apply today.

AI is being embedded into our company DNA, across every department. For further information, please read our guide: ‘ AI at Deriv: Your future fuelled by innovation .

Your challenges

• Develop and implement a risk-based internal audit plan to review key controls and processes across the organisation. The plan should focus on high-risk areas such as trading platforms, customer data protection, AML controls, etc.
• Identify key risks from trading, investments, financing, and regulatory activities. Assess levels of assurance and audit coverage needed. Monitor for control gaps, inadequacies, and non-compliance.
• Plan and oversee internal audits to evaluate trading controls, transaction verification, cash reconciliations, collateral management, counterparty exposure, and regulatory compliance. Follow up on action plans to address any findings.
• Ensure internal audit reviews are conducted professionally, objectively, and in compliance with the Institute of Internal Auditors’ standards. Issue timely audit reports with practical recommendations to improve internal controls.
• Stay abreast of trends impacting broker-dealers and global financial markets. Identify the best practices to improve risk, compliance, and audit frameworks supporting trading operations.
• Monitor and ensure the implementation of internal audit recommendations by management while fostering a strong working relationship. Regularly communicate audit plans, resource requirements, audit findings, and status updates.
• Meet key performance metrics such as audit plan completion rate, audit report quality assessments, etc.
• Develop a high-performing internal audit team. Provide guidance, coaching, mentoring, and performance feedback to team members. Foster a collaborative and professional work environment that encourages learning, innovation, and career development.
  
  

• University degree in accounting, finance, or a related field
• Extensive experience in internal audit, risk management, or related roles
• In-depth knowledge of auditing standards, risk assessment methodologies, and regulatory compliance requirements
• 10+ years of internal audit experience
• Strong analytical and problem-solving skills with the ability to identify risks, assess controls, and develop practical solutions
• Excellent communication and interpersonal skills, with the ability to present complex information clearly and effectively to diverse audiences
  
  

• Professional certifications such as CIA, CPA, or CISA
• Experience in the fintech industry
  
  

• Market-based salary
• Annual performance bonus
• Medical insurance
• Housing and transportation allowance
• Casual dress code
• Work permit
• A chance to work with top talent from across the globe (70+ nationalities)
• Ample team-building and bonding activities
• Great overseas travel opportunities