Senior Manager
Western Union · Vienna, Austria · Hybrid
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Lead and run independent internal audits over a bank’s governance, risk, controls and lending activities.
Worth knowing: Minimum three years audit experience within an Austrian banking environment
About WUIB Western Union International Bank (WUIB) is The Western Union Company (TWUC)'s Vienna-based European bank, providing regulated payment and banking services to consumers and businesses across the European Economic Area. Today, its activities center on current accounts and cross-border money movement, including online transfers, account, card and mobile-wallet payouts, and corporate payment solutions that leverage Western Union's global network and digital capabilities. WUIB is transforming from a primarily payments-focused institution into a broader, technology-enabled bank with lending and receivables finance capabilities. Its planned factoring model will begin with a phased expansion among lower-risk European agents, followed by selected North American and Middle Eastern markets. This transformation will require independent credit decision-making, automated onboarding and monitoring capabilities, enhanced data and treasury infrastructure, and formal oversight of key dependencies on The Western Union Company. The intended outcome is a scalable, controlled, and regulator-ready operating model that combines WUIB's banking license and governance framework with Western Union's global network, data, technology, and distribution strengths. About the Role In this high-impact role, you will provide independent Internal Audit leadership for Western Union International Bank (WUIB) as part of Western Union's global Internal Audit function. You will oversee and challenge the effectiveness of governance, risk management, and internal controls across the Bank, providing independent assurance over strategic initiatives, regulatory compliance, financial crime controls, lending and factoring activities, technology, data, outsourcing, and operational resilience. You will have regular access to executive management, the WUIB Advisory Board and Audit Committee, the TWUC Audit Committee, and supervisory authorities through the Bank's established governance arrangements. This is an opportunity to shape a scalable third-line assurance capability within an Austrian bank undergoing significant transformation.
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