Hoist Finance is looking for a Chief Audit Officer to manage the group’s Internal Audit function as mandated by the Board of Directors.

Hoist Finance is an asset manager specialised in non-performing loans. For more than 25 years, we have focused on investing in and managing debt portfolios. We are a partner to international banks and financial institutions across Europe, acquiring non-performing loan portfolios. We are also a partner to consumers and SMEs in a debt situation, creating long-term sustainable repayment plans enabling debtors to convert non-performing debt to performing debt. We are present in 11 markets across Europe and our share is listed on Nasdaq Stockholm (HOFI). Hoist Finance has a bank license and is regulated by the Swedish Financial Supervisory Authority. For more information, please visit hoistfinance.com.

Joining Hoist Finance, you will get the opportunity to work in a fast-paced environment, with a growing and quickly expanding international business, based in our modern headquarters in central Stockholm. Here, you will be part of a team of engaged colleagues driven by strong business ethics, and you will play an important role for Hoist Finance continued growth and success. For the right candidate, this is a great opportunity to find a role with lots of flexibility and room to develop professionally.

About the role

The purpose of an Internal Audit at Hoist Finance is to strengthen the organization’s ability to create, protect, and sustain value by providing the board and management with independent, risk-based, and objective assurance, advice, insight, and foresight.

The responsibility of the Chief Audit Officer (CAO) is to provide assurance to the Hoist Finance

Board of Directors (the Board) as well as to aim to enhance the organization’s:

• Successful achievement of its objectives
• Governance, risk management, and control processes
• Decision-making and oversight
• Reputation and credibility with its stakeholders
• Ability to serve the public interest

The CAO together with the Board is responsible for defining Hoist’s internal audit strategy and developing leading practices, as well as maintaining audit and advisory activities across the Group. The role will be proactive in line with Hoist’s primary business objectives to ensure that control and risk management practices are best in class. The chief Internal Audit will also possess the balance of independently challenging managements’ risk and control practices while employing a consultative and hands-on approach to give recommendations on solutions.

The CAO reports directly to the Board of Hoist Finance AB.

Main responsibilities

• Create a risk-based audit plan and ensure that the plan is carried out by directing assignments to internal auditors and/or external (consultants) resources and by supervising their work
• Lead, coach and motivate the internal audit team, today consisting of four direct reports
• Responsible for all internal audit assignments carried out in Hoist Finance
• Responsible for special assignments, investigations and consulting activities as needed or as directed by the the Board
• Monitor progress of any agreed management actions as a result of audits; inform the board when necessary
• Ensure that Hoist Finance conforms to regulatory requirements for Internal Audit as well as the Global Internal Audit Standards

Suitable background

The CAO plays an important role in further developing the internal audit function. The right candidate possesses a high level of integrity and trustworthiness. It is a prerequisite that the person has prior experience from similar positions and has been exposed to the Nordic banking and/or finance sector. You are a strategic thinker who can communicate effectively and work cross-functionally. Strong interpersonal skills are important, as well as the ability to quickly build trust in different contexts and organizations.

Desired skills and experience

• Relevant university degree with at least 10+ years’ experience in internal audit with proven track record, 5+ years leadership experience, 5+ years financial industry experience: Certified Internal Auditor (CIA) is a plus
• Interpersonal and communication skills (both written and verbally), analytical, organized, able to motivate both own team and auditees
• Open minded, Stress resilient, Critical and independent with high integrity
• Experience from working in a larger dynamic, international organization
• Fluency in Swedish and English

Is Hoist Finance your next employer?

Hoist Finance’s co-workers are driven by a common purpose; to develop and foster long-term relationships built on mutual trust. With high ethical standards, compliance with applicable financial regulatory frameworks, and behaviour based on transparency and respect, we ensure that we earn the trust of our stakeholders – every day.

If you want your work to make a difference, Hoist Finance is the place for you.

Your application

In this recruitment Hoist works together with Boardtalk AB. Please apply through website (www.boardtalk.se) Interviews will be conducted continuously. For further questions about this service contact Mats Holmberg (072-8532313) and Linn Johansson (070-790 27 12) at Boardtalk AB.

As part of the recruitment process a background check will be run on each of the final candidates.