Senior Manager, Regulatory Audit

Qualifications

Preferred level of Experience (by years/function/industry)

•       Minimum of 10 years audit experience, preferably with 5 years of managerial position at established financial institutions. Big 4 candidates with regulatory audit experience are welcomed.

•       Specialised in the audit of regulatory compliance

Other skills required (if applicable)

•       Sound knowledge of internal control principles, corporate governance framework as well as statutory and regulatory requirements, regulations, standards and guidelines.

•       Strong numerical, analytical, presentation and report writing skills with high level of accuracy.

•       Independent, resourceful and possess good interpersonal and communication skills

Job Description

Primary Objective

Assist the Head of Internal Audit in discharging its responsibilities by performing independent review to ensure :-

• Soundness and adequacy of governance, risk management and internal control system
• Compliance with statutory and regulatory requirements as well as internal policies and guidelines.
• Coordinate and supervise audit assignments to ensure timely completion and efficient execution.
• Provides consultative role in review of proposal papers for development of new and variation to the existing Islamic banking products & services as well as new and enhancement of framework, policies and guidelines to ensure the necessary control features are incorporated.

Key Responsibilities

• Coordinate annual risk assessment exercise of regulatory units.
• Plan and supervise the execution of risk-based audits as per annual audit plan established.
• Prepare audit scopes and audit programs for execution by audit team to ensure audit objectives are met with adequate coverage.
• Prepare draft audit findings and works performed by audit team to ensure issues raised are appropriate and valid for audit discussion.
• Attend audit exit discussion with the respective Head of BG/FG & BA/FA to discuss audit issues as well as recommendations to improve system of internal control
• Draft audit reports for sign off by Head of Internal Audit and Functional Group Head, RHB Bank Singapore
• To provides value-added service through recommending the key controls required in review of proposals for new and variation to existing Islamic products and services, new and enhancement to existing policies and guidelines.
• Train, coach, motivate and provide guidance to the staff in the section.
• Assist Head of Internal Audit in supervising and ensuring smooth operations of IAD