Internal Auditor - REG E Experience Preferred

What Is MyBambu? 

MyBambu is a financial institution delivering the first all in one mobile digital banking solution targeting the Hispanic unbanked and underbanked population. The mission of MyBambu is to promote financial inclusion to the unbanked and underbanked by providing an array of financial solutions delivered via mobile devices. We give an overlooked audience a convenient, safe, and cost-effective way of managing their finances. MyBambu’s objective is to promote financial literacy and access to unbanked/underbanked individuals, who have previously been left behind. In 2020, we were honored to be recognized as FIS’s Impact Award winner for innovation in the next frontier of the Modern Banking Platform. We’ve fostered a company culture that empowers people to do the most defining work in their career offering an environment that’s made up of a passionate and goal-oriented team. 

MyBambu participates in E-Verify and will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new hire’s Form I-9 to confirm work authorization.  Find out more information: E-Verify Participation Poster or Right to Work Poster. 

Just a heads-up, this role is all about being present in person, and guess what? Our base is in West Palm Beach, Florida! 🌴 So, if you're ready to dive in with us, remember, we're all about that office vibe – no remote work here!

Your Opportunity

The impact that you can have at MyBambu is powerful. We’re looking for someone who’s eager to take on a meaningful role in the success of MyBambu on a massive scale. Someone who takes work seriously, but also isn’t afraid to have some fun either. Someone who’s ready to take MyBambu—and their career—to the next level.

This position is a full-time, in-person position reporting to the Chief Compliance & Business Development Officer. As the Internal Auditor, you will be responsible for ensuring the adequacy of and coordinating the overall risk management and internal control processes of MyBambu. You will evaluate and improve the effectiveness of our risk management, control, and governance processes while ensuring compliance with Board-approved policies and applicable regulations. This role is vital in maintaining the highest standards of financial integrity in the rapidly evolving industry.

Job Responsibilities

• Develop and execute the annual audit plan based on risk assessments, performing audits of financial, operational, and compliance processes.
• Ensure the adequacy of and coordinate the overall risk management processes of the company, including identifying and assessing risks associated with business operations.
• Work with management to establish a framework of specific internal controls, accounting controls, and operating procedures that align with the company’s risk exposure.  
• Assess compliance with applicable regulations and internal policies, ensuring alignment with Board-approved guidance.
• Prepare detailed audit reports summarizing findings, conclusions, and actionable recommendations for management and the audit committee.
• Coordinate with third-party vendors to augment the internal audit efforts, particularly in information technology.
• Monitor the implementation of audit recommendations and track management responses to ensure timely resolution of identified issues.
• Work closely with other departments to foster a culture of compliance and risk management, providing guidance and support as needed.
• Recommend enhancements to audit methodologies, tools, and processes to improve the efficiency and effectiveness of the internal audit function.

Technical Skills & Abilities:

• Strong knowledge of auditing standards, risk assessment, and compliance with relevant regulations.
• Capability to understand dynamic contexts comprising legal requirements, business objectives, resource constraints, and stakeholder interests, and to exercise creativity and judgment in guiding and organizing activities effectively. Ability to analyze complex data sets, identify trends and anomalies, and develop actionable recommendations.
• Excellent written and verbal communication to convey findings clearly to stakeholders and foster collaboration.
• Meticulous approach to reviewing processes and financial records to ensure accuracy and compliance.
• Familiarity with IT systems, data security, and audit software, along with the ability to analyze data effectively.

Job Requirements:

• Bilingual proficiency Spanish and English.
  
• 3+ years of experience in internal auditing, risk management, or compliance, preferably in the fintech or financial services industry.
  
• Knowledge of Regulation E Policy, Visa Rules, Risk Management, Chargeback Rights, and NACHA criteria preferred.
• Strong understanding of relevant regulations (e.g., SOX, PCI-DSS, GDPR, AML/BSA) and best practices in internal auditing.
  
• Excellent analytical skills with the ability to interpret complex data and develop actionable insights.
• Strong written and verbal communication skills, with the ability to present findings clearly and effectively to diverse audiences.
• Proficiency in audit software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Strong interpersonal skills and the ability to work collaboratively in a fast-paced, dynamic environment.

Physical Requirements: 

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.

MyBambu Benefits

• Excellent medical coverage.
• Fifteen (15) days of Paid Time Off.
• Seven (7) days of Paid Holidays.