RHB Banking Group

Head, Group Asset Management & Trustees Audit

Location
Kuala Lumpur, MY
Salary
Competitive salary
Posted
20 Oct 2021
Closes
18 Nov 2021
Ref
4699661
Approved employers
Approved employer
Job role
Audit, NED/Trustee
Primary Objective:1) Review the adequacy and integrity of RHB Asset Management Sdn Bhd's, RHB Islamic International Asset Management Berhad's, RHB Trustees Berhad's and Malaysian Trustees Berhad's (collectively known as Group Asset Management & Trustees ("GAMT")) internal control systems.
2) Oversee the audits of GAMT to ensure timely completion and efficient execution.
Key Responsibilities:
  • Assist the Head of Investment Bank Audit, Basel Review & Analytics to prepare the annual risk-based audit plan for approval by the Board Audit Committee and timely completion of the approved plan.
  • Ensure adequate and effective auditing to provide an independent, objective assurance and consulting activities designed to add value, safeguard company's asset, minimize opportunity for error and fraud and improve the overall operations of the GAMT
  • Plan and oversee the audits of the Business/Functional Units of the GAMT to ensure all agreed audit objectives are met as planned with adequate scope/coverage and that each audit assignment is efficiently completed within the budgeted time, resource and cost with proper documentation.
  • Communicate audit findings to the Heads of Strategic Business Group (SBG) / Strategic Functional Group (SFG) / Business Group (BG) / Functional Group (FG)/ Business Area (BA) /Functional Area (FA) / Sections, obtaining their agreement on root cause of the issues and their commitment to implement the audit recommendations.
  • Review the draft audit reports to ensure that all significant audit findings with their risk /impact identified and underlying root causes are reported with appropriate audit recommendations in order to strengthen the existing internal controls.
  • Participate in GAMT's projects in a consultative manner to ensure that adequate internal controls are considered and implemented.
  • Engage in the review of products, policies and processes to assess the inherent risks and provide value-added enhancements through recommending the key controls required.
  • To attend and present audit reports to the Management Audit Committee/Audit Committee as and when required.
  • To attend and present outstanding audit findings at Management Committees of Asset Management and Trustee Business.
  • Liaise with relevant regulatory bodies (e.g. SC) and external auditor on internal controls and risk management issues.
  • Review and concur with the updates made to the audit programs from time to time.
  • Motivate, guide and provide on-the-job training to subordinates and assess their performance.

Requirements:

  • Degree in Finance / Accounting / Banking / Business Management / Economics and/or professional qualications such as ACCA / MICPA / CPA / CIA / CBA.
  • At least 10 years experience in audit/risk/compliance functions and experience in leading a team of professionals.
  • Strong analytical skills, meticulous, good interpersonal and communication skills.
  • Good knowledge of internal control principles / practices, asset management and trustees business/operations and statutory regulations.


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