Head of Internal Audit – Relocation to Bermuda

This role requires the successful candidate to relocate to Bermuda; relocation costs will be covered by the client.

We’re recruiting on behalf of our client, a bank based in Bermuda, for an experienced Head of Internal Audit to lead and oversee their internal audit function.

This is a senior leadership position responsible for providing independent assurance to the Board Audit Committee and Executive Management on the effectiveness of the Bank’s governance, risk management and internal control framework.

The successful candidate will develop and deliver a comprehensive risk-based internal audit programme across financial, operational, regulatory and technology-related areas. They will also provide insight on emerging risks, regulatory developments, operational resilience, cybersecurity, digital banking and wider business transformation initiatives.

The role requires an experienced banking or financial services audit professional who can operate independently, influence at Board and Executive level, and provide effective leadership to the internal audit function.

Key Responsibilities

- Develop and deliver the annual risk-based internal audit plan.
- Provide assurance across governance, risk management, internal controls and regulatory compliance.
- Lead financial, operational, regulatory and technology-related audits.
- Assess key business risks, identify control weaknesses and recommend improvements.
- Provide audit oversight across digital banking, cybersecurity, payments and operational resilience.
- Monitor audit findings,



remediation plans and corrective actions.
- Prepare and present audit reports to the Board Audit Committee and Executive Management.
- Advise senior stakeholders on emerging risks, regulatory change and business transformation.
- Liaise with external auditors, regulators, Risk and Compliance.
- Lead, mentor and develop the internal audit team.

Qualifications & Experience

- University degree in Business, Accounting or a related discipline.
- Professional accounting qualification (CPA, CA, ACA or ACCA); CIA or equivalent internal audit qualification preferred.
- Minimum 10 years’ progressive experience within banking or financial services, including at least 4 years in a senior internal audit, financial audit, controls or assurance role.
- Demonstrated experience leading complex audits and presenting to Audit Committees, Boards, Executive Management and financial services regulators.
- Strong knowledge of banking operations, risk management, governance, internal controls and regulatory requirements.
- Experience across digital banking, payments, cybersecurity, fintech or technology-enabled financial services is highly desirable.
- Robust leadership, analytical and communication skills with the ability to influence senior stakeholders and operate independently.

Pay: $238,000.00-$245,000.00 per year

Education:

- Bachelor's Degree (required)

Experience:

- progressive banking or financial services: 10 years (required)
- Snr internal / financial audit: 4 years (required)

Work Location: In person

📌 Head of Internal Audit – Relocation to Bermuda (Toronto)
🏢 The Platinum Group
📍 Toronto