Assistant Vice President Audit & Control Function

AcWise Recruitment Limited; Hong Kong; On-site; HKD 900,000 - 1,400,000; Full time

Job summary

AcWise Recruitment Limited is seeking an Assistant Vice President for the Audit & Control Function to lead and execute risk-based audits across banking operations. The role requires strong regulatory familiarity, supervisory experience, and the ability to coach a team while delivering insights to management.

Ideal candidates will hold a Bachelor's degree with CPA/CIA preferred, and be fluent in English and Chinese.

Qualifications

• Bachelor's degree or above in accounting, finance, business or related field.
• Minimum 6 years of audit experience at supervisory level in banking.
• Solid knowledge of corporate banking products.
• Familiar with HKMA Supervisory Policy Manual (SPM), AML Ordinance (AMLO) and ICA.
• Experience in risk-based audit approach.
• ECF on AML/CFT, ORM or cybersecurity preferred.
• CPA/CIA certification or equivalent advantageous.
• Strong interpersonal, analytical and leadership skills.
• Proficient in written and spoken English and Chinese.

Responsibilities

• Execute and supervise audits based on risk-based methodology, regulations and internal policies.
• Develop audit plans and evaluate key control risks; perform testing and report follow-up actions.
• Access internal control environment to provide value-adding recommendations to management.
• Contribute to annual risk assessment by understanding business processes, products and inherent risks.
• Perform continuous monitoring and stay updated on regulatory and market changes to drive audit coverage.
• Assist the Department Head in reporting audit progress to Head Office quarterly.
• Take a leading role in coaching and monitoring staff on audit assignments.
• Maintain good working relationships with stakeholders.
• Perform ad-hoc duties as required.

Skills

Audit supervision

Banking knowledge

Regulatory awareness

Leadership

Interpersonal skills

Education

Bachelor's degree

CPA/CIA certification (advantage)

Job description

Job Openings Assistant Vice President Audit & Control Function

About the job Assistant Vice President Audit & Control Function

Responsibilities:

• Execute/supervise audits independently and efficiently based on a risk-based methodology, regulations and internal policies & procedures
• Develop audit planning and evaluation of key control risk as well as perform testing, report drafting and follow-up actions on improvement plans
• Access the Banks internal control environment with a view to provide value-adding recommendations to Management
• Contribute to the annual risk assessment by developing good understanding of the business processes, products, and inherent risks of the Bank
• Perform continuous monitoring and keep abreast of evolving markets, regulatory, business and operational changes to drive appropriate on-going audit coverage
• Assist the Department Head in providing the progress of audit assignments to Head Office on a quarterly basis
• Take a leading role in coaching and monitoring staff to carry out audit assignments and review audit works
• Maintain good working relationship with stakeholders
• Perform ad-hoc duties as and when required

Requirements:

• Bachelors Degree or above in Accounting, Finance, Business or related discipline(s)
• Minimum 6 years of audit experience in supervisory level in the banking industry
• Sound knowledge on corporate banking products
• Familiar with HKMA Supervisory Policy Manual (SPM) including AML Ordinance (AMLO) and Independent Compliance Assessment (ICA)
• Experience in execution of risk-based audit approach
• Enhanced Competency Framework (ECF) on AML/ CFT, ORM or Cybersecurity qualification are preferred
• CPA/CIA certified or equivalent will be an advantage
• Strong interpersonal, analytical and leadership skills
• Proficient in both written and spoken English and Chinese