Graduate Internal Audit Analyst – Regulatory Assurance

Spreadex has been a trusted name in sports and financial spread betting for over 25 years. Since expanding into fixed odds betting in 2010 and CFD trading in 2017, we remain the only global operator to offer all these services under a single brand. Following a quarter-century of sustained profitability, we’re entering an exciting new phase of growth across both our sports and financial divisions. This ambitious expansion is backed by a significant increase in our marketing investment and the recent acquisition of Sporting Index.

This role offers a unique opportunity to join a dynamic and growing team at our vibrant St Albans office, just outside London. The position offers a hybrid working model, combining both office-based and remote work. Our office is based in St Albans, Hertfordshire with a fast and simple commute from London and the surrounding area:

• 20 minutes from London St Pancras/Kings Cross by direct train
• Regular services also run from Farringdon, City Thameslink, and Blackfriars
• Easy access from the M1, A1(M), and M25

The Graduate Internal Audit Analyst provides key support in ensuring Spreadex’s compliance with the rules, regulations and guidance of our respective regulators, chiefly the Gambling Commission and FCA. The role focuses on the execution of routine monitoring and testing of internal controls. The Analyst supports the Internal Audit Manager by undertaking detailed ongoing monitoring and testing of internal controls and processes, ensuring alignment with our policies and regulatory standards, delivering clear, actionable insights to the Internal Audit Manager where inconsistencies are found.

Key Responsibilities:

• Internal Control Support
  • Gaining a detailed understanding of key internal controls and processes within Spreadex’s support departments.
  • Testing internal controls and processes to ensure that these are functioning as intended and working in the ways described in official policy documents.
  • Identifying and flagging any discrepancies to the Internal Audit Manager between actual practice and the documented policy and procedures.
  • Updating process or procedure descriptions on wiki pages as directed by the Internal Audit Manager to ensure they reflect current practice.
• Ongoing Monitoring
  • Frequent dip-sampling of internal controls and processes to ensure they have been completed in a manner which aligns with internal policy documents and the defined processes.
  • Collation and preparation of audit work documentation that evidences findings in a clear, concise, accurate and easy to follow format.
  • Providing feedback to the Internal Audit Manager on any inconsistencies found or potential improvements if or when these are identified.
• Internal Policy and Process Documentation Update Assistance
  • Assisting the Internal Audit Manager in the review of internal policies and procedures, highlighting sections that may require updates based on either internal or external / regulatory changes.
  • Highlighting to the Internal Audit Manager any areas where changes may be required to align with the latest rules or guidance.
  • Assisting the Internal Audit Manager with drafting initial copy for potential amendments and improvements where required.
• Regulatory Reporting
  • Assisting in the preparation and review of regulatory reports where necessary to ensure accuracy and compliance.

About You:

• A methodical thinker with first class levels of attention to detail.
• Strong academic background demonstrating analytical ability and capacity for understanding complex regulatory frameworks.
• Excellent communication and interpersonal skills.
• Strong organisational skills and an ability to work under pressure and manage multiple priorities.

Benefits:

• Competitive salary and bonus scheme.
• Hybrid working (2 days working from home), including 2 weeks remote working from any location after 6 months of service.
• 25 days holiday, rising to 30 after 2 years.
• Enhanced parental leave.
• Contributory pension scheme.
• Private medical insurance scheme.
• Discounts for gym membership, travel & cinema.
• Sabbatical after 10 years of service.