Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions.

With over 20 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.

The Director Internal Audit, UK & Europe is a member of Senior Audit Leadership Team and contributes to the value of the Group Internal Audit function by leading internal audit assurance and advisory activities for the UK & European businesses, to achieve the Group Internal Audit objectives, mission and vision.

Group Internal Audit Mission

To protect and grow Paysafe’s value by providing objective, risk-based assurance, insight and advice to management to drive ongoing improvement in governance, controls and management of current and emerging management and controls.

Group Internal Audit Vision

Rapid and reliable insights and assurance.

Essential Responsibilities:

• Representing IA at the regulated entity Board meetings for UK entities (PFSL/PSCL/Skrill) and EEA (PPSL1 & PPSL2).
• Proactively identifying improvement opportunities related to the quality and compliance of internal audit deliverables and owning initiatives to ensure improvements are implemented. Acting as a core part of the IA leadership to drive change and add value through our work.
• Liaising with third party audit service providers and other internal/external partners of Internal Audit in order to ensure audit work is conducted effectively and efficiently; monitoring the performance of outsourced audit partners and periodically reporting performance outcomes to the CAO.
• Building an in-house team to promote an ‘internal first’ approach to using internal staff for UK/ EEA audit work.
• Engaging with local regulators as part of recurring meetings and ad-hoc inspections.
• Building strong relationships with leadership and developing the optimum risk-based audit plan to cover the UK/EEA regions with sufficient coverage of mandatory and risk-based audit topics.
• Maintaining and continuously improving standard audit documentation supporting regular/recurring internal audit engagements.

Essential Competencies:

PROFESSIONAL ETHICS

• Speaks with authority on Paysafe’s key policies, practices and procedures.
• Assesses and fosters the ethical climate of senior management.
• Discusses ethical conflicts with Paysafe senior management.

INTERNAL AUDIT MANAGEMENT

• Articulates clear expectations and business goals and links these to Paysafe’s strategy.
• Provides opportunities and proactive input in the development and career needs of others.
• Manages relationship with third party audit firms when working under co-sourcing model to ensure audit objectives are covered in accordance with the audit plan and budget.

PROFESSIONAL INTERNAL AUDIT STANDARDS (IIA/ISACA)

• Monitors the effective implementation of the IIA/ISACA professional audit standards.
• Actively contributes to the Internal Audit quality assurance and improvement program to ensure it meets objectives as defined in the Internal Audit Charter, and takes proactive action to address variances where these arise.

GOVERNANCE, RISK AND CONTROL

• Educates senior management on best practices in governance, risk and control.
• Contributes to the development of risk-oriented culture within Paysafe.

BUSINESS ACUMEN

• Has substantial knowledge of industry-specific expertise, trends, risks and strategy.

COMMUNICATION

• Communicates effectively to influence senior management on Internal Audit perspective and value of deliverables.

PERSUASION AND COLLABORATION

• Adept at establishing trust and credibility with different stakeholders, whether these be external, senior management, second line governance functions or first line business functions, to enable audit reports to be produced and audit work to be executed to a high standard with minimal support from CAO.

CRITICAL THINKING

• Utilizes benchmark research to support decisions and key messages.

INTERNAL AUDIT DELIVERY

• Balances Internal Audit quality and compliance standards, resource constraints and stakeholder demands, to drive on-time audit delivery.

IMPROVEMENT AND INNOVATION

• Champions change, continuous improvement and innovation and supports others in the pursuit of these.
• Implements change programs across the Internal Audit function/team.
• Identifies potential audit engagement issues and suggests any necessary adjustments.

What we’re looking for:

• Strong academic record, including bachelor or higher degree equivalent.
• Industry-recognised audit or security certification such as CISA/CRISC/CGEIT/CISSP/CIA (IT), CPA/CIA/CFE/MBA (Finance, Compliance and Financial Crime, Operations), PMP (Projects).
• 10+ years of experience in a senior role in internal audit, security, risk, compliance or other assurance discipline, working within a global function.
• 5+ years of experience in Financial Services sector.
• A deep understanding of payment services products, associated risks and governance models.

Desired:

• Big 4 background.
• Payments/EMI background

Equal Employment Opportunity

Paysafe is an equal opportunity employer. We value diversity and are committed to providing a work environment of mutual respect to everyone without regard to race, color, religion, national origin, age, gender identity or expression, or any other characteristic protected by applicable laws, regulations and ordinances.