Auditor, GCAD - Investigations MY

CIMB Bank Berhad; Malaysia; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading financial institution in Malaysia seeks an experienced investigator to conduct audits and investigations into potential fraud and irregularities. The ideal candidate should have a minimum of 3 years of banking experience and strong analytical skills. This role involves preparing investigation reports and working with regulatory authorities to improve internal controls. Knowledge in data analytics is a plus.

Qualifications

• Minimum 3 years of banking experience required.
• Audit or assurance experience is essential.
• Strong analytical and report writing skills needed.

Responsibilities

• Conduct independent investigations into fraud and irregularities.
• Evaluate and recommend improvements for internal controls.
• Prepare quality investigation reports.
• Collaborate with law enforcement and regulatory bodies.

Job description

Responsibilities

• Provide independent investigation services in establishing the facts, modus operandi of frauds (where applicable), control deficiencies, process gaps and making appropriate recommendations.
• Investigation of frauds, allegations of abuse, complaints from within or outside the Group or any other types of irregularities reported to GCAD in respect of the Group banking activities in Malaysia and regional.
• Determine whether fraud or irregularity was committed, identify the perpetrator and to determine the Modus Operandi.
• Review and evaluate the following:
  • Control Environment and the effectiveness of internal controls;
  • Control Activities relating to the operating effectiveness of fraud-related controls to ensure that they are in place;
  • Information and Communication, by assessing the operating effectiveness of information and communication systems and practices;
  • Monitoring, by assessing the monitoring activities and support the development of fraud indicators;
  • Governance Practices, while taking into account the requirements of the Group’s various internal control policies as well as statutory and regulatory requirements governing the Group and Banking Industry; and
  • Nature and root causes leading to the fraudulent acts, and henceforth to identify the perpetrators and means to enhance internal control processes.
• To provide specific recommendations regarding appropriate action to be taken in cases of frauds or other irregularities to Group Corporate Resources and/or other affected business units and entities of the Group and suitable recommendations to improve controls so as to prevent recurrence of fraud or irregularity.
• Preparation of timely and quality investigation report upon completion of investigation.
• Work with investigating law enforcement agencies, regulatory bodies and attend Court Hearings where necessary.
• Carry out any other responsibilities/tasks as assigned by the Investigation Department Head from time to time.
• Ensure compliance with relevant regulatory requirements and adherence to the Group & GCAD P&P.
• For Team Leader role, to manage all aspects of audit assignments, including providing supervision and guidance to team members as well as on-the-job training.

Qualifications

• Candidate with at least 3 years of banking experience, has audit/assurance experience, analytical, good report writing skill, fast learner and can work independently. Knowledge in data analytics or IT general control (ITGC) is an advantage.