Job Description

JOB DESCRIPTION
1) Perform Internal Audit (IA) function and coordinate with the other departments within the Branch
? Analyze and assess risks assumed by the business and related support areas.
? Plan assignment scope based on results of risk analysis and develop risk and control matrix for review and clearance.
? Execute audit assignments and/ or special reviews within a pre-defined timeframe, and completing audit assignments according to the annual audit plan.
? Discuss issues with auditees and provide practical and value-added recommendations in order to facilitate business activities in a risk controlled environment.
? Prepare reports of audit findings.
? Maintain independent and professional relationships with all departments at all times.
2) Provide ongoing maintenance and assessment of the Branch's internal control, risk management and governance process- areas in which supervisory authorities have a keen interest
? Validate for closure the implementation of recommendations issued.
? Maintain close communication and cooperation with other departments and provide timely update to Head of Audit on risk and control issues in the Branch once being made aware.
? Assist in conducting annual audit risk assessments and periodic reporting to management and/or Head Office.
3) Provide consulting services to the Branch management on the assessment or development of internal controls, and maintain effective and professional communication with external parties
? Work effectively with stakeholders in the provision of advisory services on risk and control issues.
? Act as a liaison party between Branch and regulatory/supervisory authorities/external auditors in relation to inspection/audit matters and maintain effective and professional communication at all times.
4) Apply due care and skills in reasonably prudent way and at competent professional standards
? Ensure that audit mandate, procedure and sound audit practice standards are complied at all times.
? Understand changes in laws and regulations pertaining to the business of the Branch.

KEY COMPETENCIES:

Professional auditor with minimum 7 years of internal audit experience in the banking industry; line experience in risk or control function will be an added advantage. Relevant professional qualification is a plus.

Strong understanding of business activities, products and regulatory requirements. Experience in private banking audits will be an asset.