AVP/VP, Investment Banking Auditor, Internal Audit Department (Singapore)

Job description

Internal Audit department of SMBC is responsible for examining the overall internal control system including the effectiveness and efficiency of operationsand compliance with applicable laws and regulations. Internal Audit Department, Asia Pacific Division (IADAP) conducts internal audits of the operations of all SMBC units and departments. The IADAP team based in Singapore is primarily responsible for the audits of SMBC units and activities in Asia Pacific region. However the team may be called upon to help support the other regions. Considering expansion of audit universe in view of the expansion of APAC, it is critical to maintain at least the current headcount to conduct the audit plan in timely and precise manner. As Regional Internal Auditor, specialising in Investment Banking audits, you will add value and improve the bank’s operations by bringing an efficient and disciplined approach to the effectiveness of risk management, control, and governance processes. You will travel and work closely with internal audit counterparts on a regional scale to conduct audit visits. You will have the opportunity to work with the stakeholders to evaluate internal controls and providing recommendations to strengthen these processes. Responsibilities Lead and/or execute audits independently and efficiently, including audit planning, key control evaluation and testing, report drafting and issues follow-up and closure. Perform audit activities in accordance with the Bank internal audit methodology. Assess the Bank internal control environment with view to provide value-adding recommendations to Management to manage emerging issues or remediate identified weaknesses. Apply data analytics to assess the internal control environment. Establish and develop good working relationship with Management of assigned Business Units for which candidate has been assigned risk assessment responsibility. Contribute to the annual risk assessment exercise by developing good understanding of business strategy, plans, products, processes performance, risks and issues of the assigned Business Units. Perform continuous monitoring on assigned Business Units to keep abreast on evolving markets, regulatory, business and operational changes to drive appropriate ongoing audit coverage. Participate in the team’s strategic initiatives and projects as opportunities arise. Requirements University degree in a relevant discipline such as Finance or Business or CPA certified or equivalent of an internationally recognised accounting body. At least 6 years of audit experience in the banking industry preferably experience in investment banking front office and credit risk management audits in the APAC region. Familiar with execution of risk-based audit approach. Proficient in both spoken and written English. Good interpersonal and stakeholder management skills. Good team player as well as able to work independently. Meticulous, disciplined and self-motivated individual with the passion to pursue excellence.