Summary of Principal Job Responsibility
Assist the Group Head of Internal Audit in the audit function of the Group with the objective of providing independent, objective assurance and value-added services in improving the effectiveness of risk management, control and governance processes, operations and
performance of the Group for the specific assignment.
Specific Job Duties and Responsibilities
- Support the Group Head of Internal Audit in developing internal audit strategies, standards, policies and procedures.
- Lead the development of audit plan, taking into account business units and enablers risk levels, market changes and emerging risks, regulatory requirements, resource availability, and ensure effective oversight of its implementation and progress.
- Drive Internal Audit's continuous improvement efforts, including enhancements to audit methodology, integration of data analytics, knowledge sharing and on-the-job training initiatives.
- Supervise audit assignments, provide coaching and guidance to the team, drive risk-based audit planning, and ensure audit assignments are conducted in accordance with audit plan, internal audit methodology, applicable standards, regulatory requirements, and within agreed timelines.
- Lead and execute audit engagements, including planning, defining audit scope, executing fieldwork, and reporting.
- Design, enhance or review audit programmes, flowcharts, working papers, and ensure all audit documentation complies with internal audit standards and supports audit conclusions.
- Identify control weaknesses and risk exposures during audits, and provide practical, value-added recommendations to improve processes, strengthen controls and enhance operational efficiency.
- Communicate audit findings and recommendations clearly and effectively to management and relevant stakeholders.
- Review and finalize audit reports, and ensure they are comprehensive, well-structured and issued in a timely manner.
- Monitor the implementation status of audit recommendations and perform validation reviews to confirm effective remediation.
- Lead the preparation of periodic and ad-hoc reports and presentation materials on internal audit matters for submission to the Audit Committee, Management, regulators, holding companies, and support the Head of Internal Audit in presenting these matters when required.
- Establish and maintain trusted working relationships with business units and enablers, and provide advisory support on internal controls, risk management, and governance practices.
- Plan and oversee training and development for Internal Audit staff.
- Provide regular performance feedback to team members to support their development.
- Represent Group Head of Internal Audit in her absence in various committee meetings that involves Internal Audit.
- Carry out any other responsibilities or ad-hoc tasks assigned by the Group Head of Internal Audit.
Educational Qualifications & Years of Relevant Experience
- Bachelor's degree in finance, accounting or a related field; or professional qualification such as ACCA, CPA, or equivalent.
- Professional certification, such as CIA (Certified Internal Auditor), Capital Markets or AML/CFT related certification, is an added advantage.
- 10+ years of work experience with Auditing.
- Past working experience in financial services industry is preferred.
- Experience in data analytics tools and techniques is an added advantage.
Skills
- Fluent in English both written and spoken.
- Proficiency in Mandarin is an added advantage.
- Proficient in MS Office applications (Excel, Word, PowerPoint, Outlook, etc.).
- Proficient in using audit management software and data analysis tools is an added advantage.
- Ability to adapt to changing regulatory environments and industry practices.
Personal Attributes
- Strong ethical standards and a commitment to maintaining confidentiality.
- Excellent analytical, problem-solving and critical thinking skills.
- Open to feedback, proactive in acquiring new knowledge, and adaptable to new challenges.
- Capable of managing multiple tasks and meeting deadlines in a structured manner.
- Effective communication and interpersonal skills to effectively collaborate with stakeholders at all levels.
- Excellent verbal and written communication skills.
- Ability to work independently and in a team.
*Only shortlisted candidates will be contacted*
