JOB TITLE : HEAD, INTERNAL AUDIT
We are urgently seeking to fill the position of a Head Internal Audit for our client, He / she would be responsible for developing strategy to mitigate operational loss in the Group as a whole and work closely with business heads to examine the growth potential of the businesses.
He / she would also define and ensure the adherence to appropriate internal control framework and procedures so as to minimize loss from non-
compliance with the policies & procedures as well as regulatory requirements
JOB DESCRIPTION / RESPONSIBILITIES
Develop, review and update compliance risk-mitigation and fraud prevention strategies.
Categorize risks into high and low-risk areas and put procedures in place to examine and monitor continually the high-risk areas.
Develop and implement methodologies for identifying, assessing, monitoring, controlling and reporting compliance risks.
Agree on the type and frequency of monitoring.
Ensures company-wide compliance with established policies and controls and ensures that violations are thoroughly investigated
Ensure total compliance with all regulations by liaising with stakeholders on resolution of matters arising and maintenance of monitoring records, ensuring that matters are followed up and resolved appropriately within the agreed timescales
Develop strategy to mitigate operational loss in the Group as a whole and work closely with business heads to examine the growth potential of the businesses
Establish and ensure compliance with processes and systems for regulatory requirement of Know Your Customer’
Manage relationship with regulatory / supervisory bodies of the industry
Provide leadership support to direct and coordinate work efforts in respect of Compliance with regulations
Put process in place to ensure prompt resolution of Audit Exceptions
Perform other functions as assigned by the GMD
Education : A good first degree in any discipline. Relevant Masters’ degree will be an advantage
Professional Membership : Recognized professional certification such as CFA, ICAN, CIS, ACCA, ACA, CFP, CFE, ACAMS, IT Certifications, etc.
Work Experience : Minimum of 7 years post qualification experience in Compliance & Internal Control and 2 years must have been at a senior management level.
Strong problem solving skills and willingness to roll up one’s sleeves to get the job done.
Should possess a good analytical and problem solving skills
Should possess a knowledge in Accounting, Credit Analysis / Appraisal, Environmental / Industry Analysis, Risk Management, Operational risk, Assets & Liabilities Management, Financial analysis / interpretation &TQM
Excellent written and verbal English communication skills.
Skilled at working effectively with cross-functional teams.
Stress-resilient and flexible