Internal Auditor

Company Description

E-Wallet Services 

Job Description

Internal Auditor at Neonism SAL

Neonism SAL, a leading fintech company, is looking for a skilled Internal Auditor with minimum of 5 years audit experience to join our dynamic team. This is a fantastic opportunity to make a significant impact by optimizing company processes, safeguarding company assets, and ensuring compliance in a rapidly evolving industry.

As an Internal Auditor at Neonism SAL, you will be actively contributing to the effectiveness of our internal controls, risk management systems, regulatory and financial compliance and reporting processes. You will be hands-on, directly helping us maintain the highest standards of corporate governance, regulatory standing as a fintech company licensed by the Central Bank of Lebanon, as well as meeting company strategic objectives.  

Key Responsibilities:

• Adherence to BDL regulations and circulars: A critical part of your role involves ensuring rigorous adherence to all regulations and specific provisions of the license granted to the company, its activity authorizations, and regulatory framework as set forth by Banque Du Liban, maintaining the company good standing in the financial technology sector. This also includes ensuring that all required reports are submitted on time by the respective departments and reporting any submission delays.
• Compliance Program Evaluation: You will review the overall compliance department’s strict adherence with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations and with internal policies, confirm E-KYC forms are correctly supported, review screening tools adequacy and frequency and assess the overall effectiveness of the company compliance performance.
• Internal Controls & Risk Management: You will evaluate the design and effectiveness of the internal controls, with a focus on testing the segregation of duties in sensitive processes. This includes auditing user access controls across all relevant platforms, reviewing existing fraud detection mechanisms and escalation procedures, and conducting fraud scenario testing.
• Financial Operations & Transactional Auditing: You will audit financial operations, including cash movements and account transfers. This involves verifying reconciliation processes between internal records and transaction systems, and reviewing fund transfers between different entities or branches. Furthermore, you will conduct periodic and surprise cash counts to ensure accuracy and proper liquidity management.
• IT Systems & Cybersecurity: Your responsibilities will extend to reviewing data protection mechanisms, including encryption, backups, and access control. Ensuring compliance with data privacy is also a key part of this role.
• Operational Efficiency: You will assess the efficiency of key operations, identify process gaps, and monitor adherence to operational standards regarding transaction processing. This involves evaluating performance and investigating failed transactions to document their root causes. and propose improvements.
• Internal Reporting & Escalation: You will be responsible for preparing and submitting periodic discrepancy reports.
• Staff Training & Culture: You will review existing training programs and their frequency, conducting knowledge checks to assess compliance awareness among staff.

Qualifications and Skills:

• Bachelor's degree in Accounting or Auditing. Master’s degree or certification as an internal auditor a plus. A minimum of 5 years of experience in internal audit, preferably within a financial institution or fintech company.
• Strong understanding of accounting standards, internal control frameworks, risk management, and compliance principles.
• Highly proficient in Microsoft Office and accounting software, ability to rapidly learn and adapt to new systems.
• Understanding of digital wallets, financial services and fintech operations a plus.
• Highly motivated professional with strong leadership skills.
• Ability to combine strong analytical acumen with an exceptional grasp of end-to-end processes, leading to efficient problem detection and resolution
• Strong communication and interpersonal skills, both written and verbal, to effectively collaborate with stakeholders at all levels.

Location and work schedule:

• Sin El-Fil Lebanon, Full-time Monday to Friday (from 9:00 am till 5:00 pm).