Audit Manager 3rd party Risk and Outsourcing

About the Company

Our client is a large International Bank and is looking to strengthen their audit teams in Third Parties and Operational risk with TPRM expertise and 2nd LOD Operational risk. This is a fantastic opportunity to join an established Audit team with a unique breadth in the market.

About the Role

This is a key role to manage underlying risk for vendor management from sourcing, onboarding, vendor management to exit in compliance with MAS regulations

Responsibilities

• Drafting of the audit programme, audit observations/ issues and audit report.
• Provide technical input and challenge on audit work being undertaken within the scope of product or country responsibilities
• Using data analytics, evaluate quantitative and qualitative data to diagnose underlying issues, patterns, and root causes.
• Monitor/track assigned audit issues and action plans, and report overdue items with resolution.
• Support the head of audit with audit risk assessments and committee reporting, such as Audit Committees reporting.
• Support audit teams by providing SME knowledge and expertise for their audits.
• Provide ongoing continuous monitoring support to Head of Audit (HOA) and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses.
• Demonstrate leadership and ability to motivate and guide audit team members.

Key Skills

• 10 years of experience in audit or a risk and governance background with relevant experience in Operational Risk Management or Third Party risks such as Outsourcing, Procurement or Third Party Risk Management in large International Bank or MNCs
• Experienced in performing vendor onsite reviews across various types of vendor services or experiences
• Understanding of Third Party or Outsourcing risks across business strategy, plans, products, performance and related issues.
• Strong communication skills, both written and verbal, with ability to influence business management, other stakeholders and peers.
• Ability to collect and objectively analyse and apply information, "thinking out of the box" where necessary, in supporting the planning, fieldwork or reporting of results of audit engagements.
• Certified Internal Auditor (CIA) / Certified Information Systems Auditor (CISA) / ORM certification is preferred.

EA Licence: 16S8091

EA Reg No.: R21103434