VP-Compliance Audit

 

Applicant must be a mature and experienced professional who possesses excellent knowledge of regulation and compliance within wholesale banking businesses, good knowledge of financial instruments and products, and a strong understanding of internal control systems within a financial institution. This individual should be knowledgeable of wholesale banking products and related regulation, in particular within markets trading businesses and/or Treasury Services. In this role, the individual will be exposed to audits across the wholesale lines of business in addition to other operational support functions as required. 

 

Responsibilities: 

* Self-motivated professional who effectively analyses risk and proactively identifies issues 

* Assess the regulatory control environment of our CIB businesses, with a view to providing recommendations to management for improvement where weaknesses are identified 

* Be able to lead and execute audits independently and efficiently, including risk assessment, audit planning, testing, control evaluation, report drafting and follow-up and verification of issue closure. Ensure audits are completed timely and within budget 

* Identify risks and prioritize audit work as part of a risk based audit program in close partnership with the wider audit team 

* Keep abreast of evolving regulatory changes and market events impacting the wholesale businesses and ensure appropriate audit coverage of regulatory compliance matters 

* Flexible and adaptable to dynamically changing work environments, including some travel to other countries as part of regional audit engagements 

* Communicate audit results and issues effectively, both verbally and in written form 

* Manage relationships with key stakeholders in the CIB and Compliance organisations

Qualifications:

Requirements: 

* Minimum Bachelor's degree in Accounting, Finance or related discipline 

* Other relevant professional qualifications, e.g. CPA, CAMS, considered an advantage 

* At least 6-8 years' audit or relevant compliance/regulatory experience, within a financial services organisation, major accounting firm or regulatory body 

* Excellent knowledge of Singapore regulations and key industry issues themes (e.g. anti-money laundering, sanctions, KYC, outsourcing, technology risk management); knowledge of other Asia Pacific regulatory environments considered an advantage 

* Good understanding of internal control concepts within wholesale banking businesses 

* Strong communication and interpersonal skills, enthusiastic, self motivated, effective under pressure and willing to take personal responsibility/accountability, strong ability to multi-task 

* Ability to lead audits, manage projects and participate in audit assignments in a team environment 

* Works well individually and in teams, shares information and supports colleagues 

* Ability to travel within the Asia region (up to 20%) 

* Strong Excel, Access or ACL skills considered a plus

May 27, 2013 • Tags:  • Posted in: Financial

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