Job Overview

Business Audit Lead - Digital Bank (Consumer / Retail Banking)

Location: Singapore Salary:
Type: Permanent Contact: Hazel Rowe
Posted: about 1 month ago

This is a high-profile role and a unique, challenging opportunity to be part of an end-to-end process to build a strong audit function within the new virtual bank.

The Role Responsibility:

  • Promote collaboration and strong culture across business units to address risk and control issues.
  • Act as liaison with Management to ensure full understanding of business strategy, plans, products, performance and risk-related issues at business unit level and communicating these to the relevant Audit Team members via bottom-up continuing risk assessments and dialogue.
  • Perform, support or lead where directed, the planning, fieldwork, and reporting of internal audit engagements to deliver agreed assurance objectives to established standards and timelines.
  • Actively track and escalate, where appropriate, significant issues and audit findings that remain unresolved.
  • To help develop and maintain a robust risk assessment process for documenting and communicating the results of assessment, the consolidated audit plan and strategy for the assigned portfolios and / or business functions.
  • Maintain effective relationships with internal stakeholders to provide input / assistance on developing their audit approach as required.
  • Provide non-assurance services to business units where required, through active participation on advisory engagements / special projects within the Bank.
  • Where undertaking the role of Team Lead, provide performance feedback to team leaders and team members.
  • Share knowledge, skills and experience with team members to guide and assist in their development.
  • To identify, clearly document and escalate significant risk and control issues.
  • To assist the Head of Audit to ensure accurate and timely management reporting to the Audit Committee and Senior Management.
  • Our Ideal Candidate:
  • Enjoys working in a dynamic environment, are passionate about risk management and can focus on key issues and the details that come with it.
  • Team player with the ability to collaborate and influence while maintaining independence and effective challenge.
  • Proven hands-on usage of data analytics in audit work.
  • At least 8 years of working experience as professional auditors or business practitioners with core audit skills, particularly Retail Banking / Governance and Risk Management / Compliance (including regulatory and financial crime compliance) / Operational Risk / Finance and Liquidity.
  • Knowledge of key Singapore regulatory requirements and international standards and their impact on the bank and financing business.
  • Strong understanding of risk and control, including experience in formulating risk and control statements, designing and conducting control testing, documenting audit outcomes and participating in report writing.
  • Strong interest and desire to learn about virtual banking and modern technology. Ability to think strategically and participate in building a future dynamic audit model and overall perform role of ‘Change Leader’.
  • Demonstrates ability to work independently and seek guidance when needed.
  • Demonstrates ability to multi-task without loss of quality.
  • Flexibility to work across different functions and situations, and change priorities at short notice.
  • Demonstrate ability to think critically, objectively and “think outside the box” when analyzing issues and recommending / developing solutions.
  • Effective written, verbal and presentation communication skills.
  • Demonstrates understanding of and commitment to the Bank’s core values.
  • Engagement in professional certification activities, including completion of mandatory Bank-sponsored industry certification where appropriate.
  • Professional audit certification preferred (CPA or CIA equivalent), additional specialist qualification would be an advantage (e.g. CAMS, CISA, etc.)
Job posted by Hazel Rowe - Registration Number: R1114575