AVP/VP, Internal Audit (OTC Derivatives)

China Everbright Securities International Company Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Benefits offered by this job

Working Hour / Leave

Medical / Staff Benefits

Discretionary bonus / Training

Sponsorship

Dress Casual Fridays

Job summary

China Everbright Securities International is seeking a senior internal audit professional to assist the Head of IA in overseeing the business audit function, designing internal controls, and advising on risk management. The role includes auditing OTC derivatives, ensuring plan adherence, and coaching IA staff.

You will report to the Head of IA, drive KPI achievement, and help implement policy updates while maintaining high integrity and collaboration across teams.

Qualifications

• Degree in Accounting or related disciplines.
• HKICPA or other professional accounting bodies preferred.
• CFA is a plus.
• 9+ years external/internal audit experience in financial institutions or big CPA firms.
• Good knowledge of OTC derivatives business and related regulations.
• Attentive to details and able to work independently and as a team.
• Good command of English and Chinese and strong report writing skills.

Responsibilities

• Oversee the audit function and advise on internal controls and risk management.
• Monitor audit assignments per the annual plan and ensure audit quality.
• Audit OTC derivatives and assess model risk management, pricing, valuation, and risk controls.

Skills

English and Chinese proficiency

Attention to detail

Independent and team worker

Integrity and responsibility

Report writing

Initiative

Education

Degree in Accounting or related disciplines

HKICPA or other professional accounting bodies preferred

CFA is a plus

Job description

1. Assists the Head of IA in overseeing and managing the business audit function of the China Everbright Securities International ("the Group"), and advising on the design and implementation of significant internal controls and risk management procedures.

2. Participates and monitors the proper completion of audit assignments under Business Audit Team in accordance with the approved annual audit plan and ensures the quality of audit work.

3. Responsible for the audit of over-the-counter (OTC) derivatives business and assess the overall effectiveness of the model risk management framework, pricing, valuation, and risk management in OTC derivatives trading activities.

4. Promptly reports to the Head of IA of any exceptions, irregularities or potential non-compliances with the Group’s policies and procedures, or legal and regulatory requirements noted.

5. Performs follow up and updates on the implementation of audit recommendations by auditees

6. Works with the Head of IA and other IA staff to achieve the departmental KPI and identifies work flow efficiency improvement and cost savings opportunities.

7. Reviews and updates the IA’s departmental manuals / procedures to ensure the accuracy and sufficiency of them for staff adherence. Ensures the IA staffs are kept informed of the latest relevant policies, practices and activities of the Group and / or legal and regulatory requirements, and have complied with all relevant requirements properly. Includes appropriate agenda and prepares the necessary information for discussion.

8. Trains, coaches and supervises IA’s staff on the job, and establishes objectives setting for them.

9. Performs any work-related / administrative duties assigned by the Head of IA.

• Degree holder in Accounting or related disciplines
• Certified with Hong Kong Institute of Certified Public Accountants (HKICPA) or other professional accounting bodies preferred
• Chartered Financial Analyst (CFA) is a plus.
• 9 years or above external / internal audit experience obtained from financial institutions or big CPA firms
• Good knowledge of the operations in financial industry especially over-the-counter (OTC) derivatives business and related regulations;
• Attentive to details and able to work independently and as a team. Willing to take initiative with impeccable integrity and possess a strong sense of responsibility
• Sound knowledge of the accounting and audit standards / requirements and industry practices
• Good command of both written and spoken English and Chinese, and possesses good report writing skills

Perks and benefits

• Working Hour / Leave
• Medical / Staff Benefits
• Discretionary bonus / Training
• Sponsorship
• Dress Casual Fridays

Everbright Securities International* ("EBSI") is a leading financial services institution serving individuals, corporations and institutions in the region for over 55 years. As an international business platform of Everbright Securities Company Limited ("Everbright Securities", SSE: 601788, HKEX: 6178), EBSI’s business encompasses five key areas: Wealth Management, Corporate Finance & Capital Markets, Institutional Business, Asset Management, and Investment & Financing.

EBSI operates under the “Everbright Securities International” brand and the business brand “EBSI Wealth”, along with the service brands “EBSI Private”, “EBSI Direct” and “EBSI Forex”.

Everbright Securities International* ("EBSI") is a leading financial services institution serving individuals, corporations and institutions in the region for over 55 years. As an international business platform of Everbright Securities Company Limited ("Everbright Securities", SSE: 601788, HKEX: 6178), EBSI’s business encompasses five key areas: Wealth Management, Corporate Finance & Capital Markets, Institutional Business, Asset Management, and Investment & Financing.

EBSI operates under the “Everbright Securities International” brand and the business brand “EBSI Wealth", along with the service brands "EBSI Private", "EBSI Direct" and "EBSI Forex".