AVP/VP, Audit Manager/Senior Audit Manager - Wholesale Banking & Consumer Lending Audit (Operations) AVP/VP, Audit Manager/Senior Audit Manager -  …

in Singapore
Permanent, Full time
Be the first to apply
in Singapore
Permanent, Full time
Be the first to apply
AVP/VP, Audit Manager/Senior Audit Manager - Wholesale Banking & Consumer Lending Audit (Operations)
OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

Division Description
Group Audit provides objective assurance that the Group functions effectively to accomplish its objectives within the established risk appetite. We adopt a risk-based systematic approach to evaluate and provide recommendations to improve the effectiveness of internal control, risk management and governance processes.
Apart from business unit-specific audit departments, find opportunities within our Regulatory Capital Audit, Credit Risk Review, Investigation, Audit Methodology & Standards and Programme Management Office departments.
You'll learn the various facets of banking, sharpen your analytical, problem-solving and communication skills and hone your interpersonal abilities. You'll also get opportunities to work with clients across the globe.

Reporting to the Head of Wholesale Banking & Consumer Lending Audit, the Individual will be assuming the following key responsibilities:
  • Assist the Section Head of Wholesale Banking & Consumer Lending Audit (Operations) in executing the annual audit plan, using Group Audit's risk-based approach. The coverage includes the audits of credit administration, loan and operational processes of the corporate and consumer portfolios, general regulatory & AML compliance processes within the business units, commodity & trade finance operations, card operations and transaction banking activities
  • Lead a team of auditors or work as a team member to ensure that assigned audit engagements are completed and delivered on time, on budget and meet the required standards.
  • Provide value-added opinions and recommendations to improve the design and effectiveness of internal controls.
  • Review and assess the appropriateness of audit observations, recommendations and management responses.
  • Ensure audit work is completed and documented in accordance with required standards and Key Performance Indicators.
  • Participate in strategic projects to enhance the Bank's audit and risk management framework

The ideal Candidate will meet the following requirements:
  • Ability to work effectively as a team member or as a team leader, with the requisite analytical and managerial skills to execute the audit engagement.
  • Hold a professional qualification and/or a good degree. Experience in credit administration functions and/or AML Compliance is preferred.
  • Good organizational and analytical skills, with the ability to maintain balanced risk-reward perspectives.
  • Good interpersonal, communication and report writing skills.
  • Willing to travel (15% - 20% of the time)
  • Able to work under pressure.
  • Strong audit skills and understanding of key risks and controls relating to credit administration operations.
  • Interest in/Ability to apply data analytics in audit processes.

At OCBC, we recognise your drive, passion and talent. We will bring out the best in you and empower you to excel. Fulfil your life goals and career ambitions with us.
*We regret that only shortlisted Candidates will be notified.

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