Job Description

Credit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Credit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/

Reference 2022-69467

Publication date 06/06/2022

Job description

Business type

Types of Jobs - General Inspection / Audit

Job title

Head of Local Audit Singapore

Contract type

Permanent Contract

Management position

Yes

Job summary

Summary:

The Head of Local Audit is responsible for managing the local Internal Audit department and executing or leading Internal Audit assignments in accordance with CACIB's global IGE methodology & procedures, professional standards and local regulatory requirements. He/she is responsible for fostering and maintaining independence and objectivity and ensuring strong professional relationships with internal & external stakeholders.

Key Responsibilities:

I - Direct management of the Singapore Audit teams (including the specialist auditors in ISAP)

• Contribute to the sourcing of candidates, both generalist and specialist auditors to staff the Singapore and ISAP Audit team, in line with budgeted needs. contribute to the sourcing of experts to meet identified resources needs
• Ensure, in collaboration with the Global IT Audit Supervisor, that the Singapore based and IT auditors have adequate skills and competencies to properly perform their missions and reach their objectives:

• Providing regular and constructive feedback on their performance, offering guidance and goals for further development;
• Setting objectives and performing annual appraisals; contributing to the Global Compensation Review;
• Identifying knowledge & skills gaps, developing training plans and other solutions to address identified needs
• Submitting proposals for promotion to IGE Career Committee;
• Promoting the acquisition by staff of relevant certifications (e.g. CIA, CISA, CISSP...);
• Prepare and monitor the local budget for the Department, in coordination with HR, Finance and IGE management.

II - Contribute to the definition of the Audit Strategy of CACIB Singapore Branch

III - Maintain effective communication with the Singapore branch management and control functions

IV - Monitor the implementation of the audit recommendations addressed to Singapore staff, report progress to Singapore Management and escalate as necessary

V - Maintain trustful and constructive dialogue with the relevant supervisory authorities and statutory auditors

VI - Develop, maintain and share knowledge of the local environment

VII - Ensure proper execution of the audit plan and of any unplanned special assignment on the perimeter

VIII - Conduct assignments

IX - Manage the Permanent Control and Quality Assurance programs on local perimeter

X - IGE Continuous Improvement Program / Transversal topics

XI - Management and Reporting (Modify/Expand in coordination with HR/CPL for applicable local requirements)

Management and Reporting

The Head of Local Audit Singapore reports directly to the Head of the Asia & MEA audit hub or her designate and functionally to the Senior Country Officer Singapore.
The Head of Local Audit Singapore is a member of the Singapore branch ICC.

Position location

Geographical area

Asia, Singapore

City

Singapour

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

• Degree in accounting, business, finance or related field of study

• Professional Accountancy/Auditing/ Banking qualifications or Operational experience

Level of minimal experience

6-10 years

Experience

• Minimum 8 - 10 years of experience in Banking

• Stakeholder management experience

• Team management and staff reporting experience

• Experience of working in cross cultural teams and operating in a matrix environment

• Leadership experience to fulfill his or her responsibility

Required skills

• Independence and objectivity

• Effective oral and written communication skills

• Strong interpersonal Skills

• Strong analytical skills and demonstrated ability to gather, analyse, evaluate facts, and prepare and present concise oral and written Audit reports

• Ability to lead a group, coach and train the auditors, and work as part of a group to accomplish shared goals

• Ability to work under time pressure

Technical skills required

• Must have IT security, development and production skills/knowledge

• Knowledge and understanding of the risks generated by banking / securities activities. Thorough knowledge of Banking Operations and various products handled