Standard  Chartered  Bank

Head of Internal Audit - Digital Venture

Singapore, Singapore
Competitive salary
22 Apr 2021
23 Apr 2021
Approved employers
Approved employer
Experience level
We're looking for a Head of Internal Audit to work onsite within our Digital Venture office. We're a very small, but growing venture, with new and exciting problems to solve. We work in project-based sprints in small, interdisciplinary teams.

As a Head of Internal Audit you'd be able to work on and solve some of the many interesting challenges we are facing, learn new ways of working, and build delightful high quality products for our customers.

Job Description
The Head of Internal Audit is accountable to provide independent and objective assurance and consulting activity to improve the operations of the venture. This is achieved by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the venture's governance, risk management, internal control. The Head of Internal Audit will report functionally to the Board Audit Committee and administratively (i.e. day to day operations) to the Chief Executive Officer.

The Role Responsibility:
• Establish the internal audit function and manage all audit and risk advisory activities
• Implement a risk-based audit plan, in accordance with SCB's Internal Audit Charter; industry best practices; regulatory requirements and the professional internal auditing standards promulgated by the IIA
• Determine the internal audit scope and develop annual risk-based audit plans across all areas of the business (operational, compliance, technology, financial, credit etc)
• Develop an Internal Audit Charter and Internal Audit Manual documenting the audit policies for the venture
• Clearly identify the risks and impact of issues during report and issue writing, agreeing these issues with management and obtaining quality management action plans to mitigate the risks raised;
• Maintain open communication with management and audit committee
• Support the audit committee and other stakeholders like external auditors or regulators pertaining all internal audit matters
• Role model the valued behaviours and develop an environment in which positive behaviours are celebrated and poor culture is challenged.
• Execute audit work in an efficient and effective manner, within the given budget and timelines, and in line with its policies and standards.
• Attend and represent Internal Audit at formal committees and meetings, providing meaningful challenge and data-driven insights, as required.

Our Ideal Candidate:
• 15 years of experience in an audit function within a financial institution or fintech
• Ability to scrutinise all areas across the business of a financial institution (operational, compliance, technology, financial, credit)
• Experienced in leading an internal audit function and managing both internal and external stakeholders
• Proven ability to work cross functionally and exert influence to drive outcomes
• Self-motivated individual able to work in a highly fluid and dynamic environment
• Comfortable with uncertainty and building a function from scratch
• Team player with the ability to collaborate and influence while maintaining independence
• Highly logical and strong analytical ability
• Proven experience with MAS regulation on the audit requirements for financial services
• Excellent written, verbal and presentation communication skills
• Highly proficient in the usage of MS office applications
• Bachelor's degree in Finance/Accounting or equivalent

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