Internal Controls (AVP) recruitment

Assist in developing, coordinating, and monitoring of globally consistent control standards for all Product Control functions in the Bank across different business lines. In addition, responsible for overseeing adherence to documented policies and procedures and for developing new initiatives and projects to enhance control and maximize efficiency globally.

Responsibilities

•  Assist in ongoing assessment of the existing financial operating environment, identify areas of potential control weakness and bring forth forward thinking ideas to create more robust control framework.

•  Co-ordinate action plans to improve control processes; monitor progress toward remediation. This will involve working closely with various Product Control teams, as well as Financial Control, Operational Risk Management (ORM) , and others.

•  Propose viable solutions to strengthen the control environment within Product Control and assist in implementing new solutions and efficiencies.

•  Review and implement best practice policies within the product control functions.

•  Specific Tasks will include :

(1) Manual Adjustments Reviews : Assist in monthly review of adjustments including PL and balance sheet substantiation with each PC area. Document adjustments of concern and escalate appropriately.

(2) Key Risk Indicators : Prepare / Consolidate KRI reports. Review and monitor KRI trends, and determine escalation points to highlight to management.

(3) Issues Tracking : Assess, monitor and track outstanding issues and action plans from audit reviews, control incidents, and other internal control reviews. Monitor progress toward resolving such issues.

(4) Site Reviews : Assist with the planning of site reviews. Conduct site control reviews, identify control gaps, escalate and report on findings to management. Track outstanding issues and action plans until completion.

(5) Risk and Control Assessments (RCA) / SOX : Partner with Product Controllers and ORM in annual RCA and SOX assessments, ensuring quality and consistency in the reviews.

(6) Control Pack : Assist in producing monthly PC control packages to highlight control/performance issues and solutions to management.

(7) Ad hoc control projects / targeted reviews

(8) Business Line Balance Sheet (BLBS) Review : Review, Coordinate, facilitate, and report on BLBS findings by working with PC controllers to substantiate the balance sheet on a monthly basis.

Requirements

- 3-5 years Product Control experience (Strong Front to Back Control Experience)

- Strong understanding of investment bank’s end-to-end processes and controls.

- Sound product knowledge.

- Intermediate Excel / Word / Powerpoint skills

- Communication Skill - Control-focused. Able to interact successfully with different areas of the bank (PC, FC, Operations, ORM, Audit, etc) and senior management. Ability to learn fast and adapt to a growing business.

- Responsible attitude Sound time management skills, and the ability to meet deadlines

For more information on the position, please email Joyce Lim at joyce.lim@kaskal-executive.com.

Only shortlisted candidates will be contacted.