As anyone who follows the news knows, integrity is a hot topic. Open a newspaper and you’re bound to find something about money laundering, data theft or poor information provision. Brand New Day does everything it can to not be associated with any of this.
The Internal Audit department helps to maintain the integrity and efficiency of Brand New Day’s operations. We independently assess the effectiveness of our internal controls, risk management, and governance processes. Through regular audits, we ensure that all departments comply with established regulations, policies and procedures, while also identifying areas for improvement.
What do Legal & Compliance and Internal Audit do?
Our legal experts monitor changes in laws and regulations and advise other departments on the implementation of new or amended laws and regulations, and on their impact. They also ensure that contracts with other parties are legally sealed.
The compliance officers (2nd line) investigate during the year whether we are complying properly with our own policies and with relevant laws and regulations and ensure that everyone in the company is aware of what constitutes integrity.
Privacy is an important issue within compliance. Conducting controlled and honest business naturally involves protecting and properly handling our clients’ data. The privacy compliance officer is the designated person for this task.
The Internal Audit department independently (3rd line) reviews operations to ensure compliance with internal policies and external regulations. We identify areas for improvement and help mitigate risks. By conducting regular audits, we ensure that our processes are efficient and effective. This helps maintain the integrity and reliability of Brand New Day.
What do the teams look like?
The Legal & Compliance department has grown fast alongside Brand New Day itself and includes both very experienced (seniors) and less experienced employees (juniors and mediors). There are opportunities for advancement, too. For example, the current Head of Compliance once started as a compliance officer and the Chief Risk Officer, who is ultimately responsible for the department, was once (the only) risk manager.
Internal Audit is a small, friendly department who work closely together. We strive to have a social and approachable atmosphere and enjoy participating in company events and team outings. We believe this helps foster a collaborative and supportive environment at Brand New Day.
In these departments, you will find professionals who love hard work and informed discussions. Personal relationships are just as important: company drinks and the occasional team outing contribute to a relaxed and informal atmosphere. We like to join in, from a pub quiz to pétanque and from paintball to bowling.