Assistant Manager, Internal Audit & Risk Management

Cyberjaya; Cyberjaya; On-site; MYR 110,000 - 170,000; Full time

Job summary

Cyberjaya is seeking an Assistant Manager, Internal Audit & Risk Management to strengthen governance, risk management, and internal controls across the organisation. You will assess operational efficiency, regulatory compliance, financial controls and risk exposure in multiple departments and business units.

The role involves planning and executing risk-based audits, preparing clear reports, and supporting ERM initiatives while liaising with senior management on risk mitigation and improvements.

Qualifications

• Bachelor’s degree or equivalent in accounting, finance or risk domains.
• CIA, CPA, ACCA, CISA, CRMA or equivalent certifications add value.
• Knowledge of internal auditing standards, risk management and corporate governance.

Responsibilities

• Plan and execute risk-based internal audits across operations, finance and compliance.
• Support ERM frameworks by identifying, assessing and reporting key risks.
• Prepare audit reports, monitor corrective actions and engage with management on findings.
• Assist in reporting to the Internal Audit & Risk Management Committee.

Skills

Analytical thinking

Problem-solving

Communication skills

Report writing

Time management

Education

Bachelor’s Degree in Accounting, Finance, Business Administration, Risk Management or related

Tools

Audit management systems

Data analytics tools

Excel

Job description

Assistant Manager, Internal Audit & Risk Management

Department

Internal Audit

Location

Organisation

Travel Requirement

No

Job Overview

The Assistant Manager, Internal Audit position is required to support the organisation in strengthening its governance, risk management and internal control processes. As the organisation continues to grow and expand its operations, there is an increasing need for dedicated resources to independently assess operational efficiency, regulatory compliance, financial controls, and risk exposure across various departments and business units.

Key Responsibilities

1. Audit Planning & Execution

• Assist in planning and conducting risk-based internal audit assignments across operational, financial and compliance areas to assess the adequacy and effectiveness of internal controls, governance processes and risk management practices.
• Support the development and implementation of enterprise risk management (ERM) frameworks, including identifying, assessing, monitoring and reporting key organisational risks.
• Participate in the preparation of the annual internal audit plan based on risk assessments, business priorities and management concerns.

2. Compliance & Regulatory Review

• Monitor compliance with internal policies, regulatory requirements, statutory obligations and corporate governance practices.
• Conduct investigations, fact-finding exercises, and special reviews on incidents, complaints, misconduct or suspected irregularities when required by Management.

3. Preparation of Audit Reports & Stakeholder Monitoring

• Prepare clear and concise audit reports highlighting observations, root causes, risk implications and practical recommendations for improvement.
• Monitor and follow up on the implementation status of agreed corrective actions to ensure audit issues are addressed within the agreed timeline.
• Liaise with Management, process owners and relevant departments to discuss audit findings, risk exposures and improvement initiatives.
• Analyse operational and financial data to identify unusual trends, control weaknesses and potential areas of concern.
• Assist in promoting a culture of accountability, integrity, ethical conduct and strong internal controls throughout the organisation.
• Recommend process enhancements and best practices to improve operational efficiency, risk mitigation and governance standards.

4. Audit & Risk Management Committee Reporting

• Support the Head of Internal Audit & Risk Management in preparing reports, presentations and updates for Senior Management and the Audit & Risk Management Committee.
• Provide advisory support to departments on internal controls, risk mitigation measures and compliance-related matters during new initiatives or process changes.

Skills and Experiences

Qualifications

• Bachelor’s Degree in Accounting, Finance, Business Administration, Risk Management or other related disciplines from a recognised university.
• Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), ACCA, CISA, CRMA or equivalent will be an added advantage.
• Sound knowledge of internal auditing standards, risk management frameworks, corporate governance and internal control concepts.

Experience

• Minimum 5–7 years of relevant working experience in Internal Audit, Risk Management, Governance, Compliance or related fields.
• Exposure in conducting operational, financial, compliance and investigative audits.
• Experience in developing or implementing risk management frameworks and risk assessments is an added advantage.
• Prior experience in Big 4 organisations, public listed companies, education institutions, retail, financial services or diversified business environments would be beneficial.
• Experience in preparing audit reports, presenting findings and engaging with Management stakeholders.
• Strong analytical and problem-solving skills with attention to detail.
• Good report writing and documentation skills.
• Ability to identify control weaknesses, operational gaps and risk exposures.
• Good communication and interpersonal skills to engage with stakeholders at various levels.
• Ability to handle sensitive and confidential information professionally.
• Strong planning, organisational and time management skills.
• Proficiency in Microsoft Office applications, particularly Excel, Word and PowerPoint.
• Familiarity with audit management systems or data analytics tools would be an added advantage.
• High level of integrity, professionalism and ethical conduct.
• Independent, objective and able to exercise sound judgement.
• Strong sense of accountability and ownership in completing assignments.
• Ability to work under pressure and manage multiple assignments simultaneously.