Job Description

Business: Corporate Audit Services (“CAS”)

Position: Audit Manager (Financial Markets audits), based in Singapore

Reporting to: Head of CAS WB Asia, based in Singapore (Hierarchically) Global Head of Financial Markets audit, based in London (Functionally)

ROLE PROFILE

Overview Corporate Audit Services (CAS) provides independent assurance to the Executive Board, the Supervisory Board and the Audit Committee on the quality and effectiveness of ING’s internal control, risk management, governance and implemented systems and processes. CAS supports ING to accomplish its mission and strategic business objectives through a systematic, documented risk-based audit approach to examine, evaluate and improve the effectiveness of ING’s governance, control, and risk management processes. The Audit Manager conducts and supervises complex and specialised audits, assists the Senior Audit Manager in coaching and supervising the junior team members and ensures audit work is documented by the audit team in accordance with the guidelines in the CAS manual.
Key Responsibilities (A) Risk Assessment and Semi-Annual Audit Planning (RA&SAP)

• Assists in assessing and prioritising the auditable units based on the importance to business objectives / value drivers, risk type significance and quality of internal control.
• Assists in determining the organisational unit audit plan, the required resources, the timing of the audits and the creation of a global business line audit plan.

(B) Assignment planning

• Obtains an understanding of the auditable unit and determines the audit objective, scope, approach, risk control matrices and key controls for complex and specialised audits.
• Responsible for the execution and completion of the business process analysis, assessment of inherent risk, evaluation of control design, testing of operational effectiveness and assessment of residual risk.

(C) Audit execution & reporting

• Performs testing in complex and specialised audits where technical experience is required.
• Monitors the progress of the audit and reviews the activities carried out by the team according to the established audit programs / risk control matrices.
• Prepares and reviews audit reports for the management of the business unit after completion of fieldwork.
• Discusses audit conclusions and reports with the managers of the investigated business units.

(D) Audit closure

• Ensures that the audit work performed by the audit team is documented in the audit application in accordance with the guidelines in the CAS manual.
• Performs job evaluations and provides input to the senior audit manager regarding the quantitative and qualitative strength of the audit team.

(E) Communication

• Maintains good relationships with business management, the external auditor and the supervisory bodies.
• Works pro-actively with other WB CAS teams to ensure a consistent audit approach.

Person Specifications (A) Competencies

• A team player with a proactive attitude.
• Shows passion, drive and ambition.
• A challenger who is not afraid to express views.
• Has a drive for performance and motivation.
• Is meticulous, organised and able to multi-task
• Good problem-solving & analytical skills.
• Positively influences the team and organizational culture by proactively stimulating a “Can Do” / “Right on Time” / “Right First Time” mentality.
• Looks for and implements improvement opportunities.
• Achieves timely delivery of high-quality audit service.
• A trusted business partner, while maintaining independence and objectivity
• Excellent verbal & written communication skills

(B) Pre-requisites

• University degree in Accountancy or Banking and Finance.
• Certified Public Auditor (CPA) and/or Certified Internal Auditor (CIA)
• Minimum of 10 years working experience within Wholesale Banking, preferably in a risk or audit function
• Experience in Financial Markets, Treasury and Market Risk audits
• Good understanding of Wholesale Banking products and processes
• Willingness to travel (up to 30%)