My client is looking for an experienced audit professional with a solid background and strong knowledge on the key risks and controls pertaining to bank internal audit related matters in Singapore. This role is responsible in setting up the internal audit function within their digital bank and to ensure that the internal audit function is closely aligned with industry best practices in executing the duties across the business and financial operations.
Key Job Responsibilities
- Establish internal audit function
- Develop audit universe
- Map major processes/operations
- Develop risk assessment, including technology risks
- Develop Internal Audit Charter and ensure independence, reporting lines to the Board of Directors (or Audit Committee of the Board) and status within the company
- Build audit budget
- Develop a risk-based annual internal audit plan for business areas as well as across operational, financial, compliance and risk management audits
- Develop Internal Audit Manual, including policies and procedures
- Ensure that internal audit activities are completed in a timely and efficient manner in accordance with standards established by industry best practices and the relevant risk and regulatory environment, and provide senior management and Audit Committee with assurance that local regulatory requirements are fully met
- Support the Audit Committee, external auditors and regulators, consultants, and other external parties regarding internal audit related matters
- Collaborate with stakeholders to identify potential red flags and ensure that insights to emerging risk and controls are identified and managed
- Build trust and credibility with stakeholders in order to objectively engage them and where appropriate, challenge their views and support senior management in achieving their business objectives
Key Job Requirements
- Minimum 15 years of experience in audit (internal or external) or risk and control areas in fintech, banking or other financial institution
- Candidates with Certified Information System Auditor (CISA) certification, Certified Information Systems Security Professional (CISSP), Certified Internal Auditor (CIA) or equivalent will be of added advantage
- Knowledge and experience with MAS regulations relating to banking
- Must possess the knowledge, skills and other competencies to examine all areas in which the financial institution operates
- Experienced in leading internal audits, teams, interacting with key stakeholders and managing negotiation situations
- Good experience in Risk Management and Compliance
- Ability to lead a team with strong interpersonal skills and the ability to collaborate and influence both internal and external stakeholders
- Proven ability to work cross functionally and influence organization to accomplish goals
- Team player, focused, passionate, with ability to inspire confidence in others
- Willingness and ability to adapt to new circumstances, information, and challenges
- Excellent written and verbal communication skills
- Highly proficient in Excel, knowledge of other MS office applications
- Bachelor’s degree in Finance/Accounting
