AVP, Regulatory Audit

Alliance Bank Malaysia Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Alliance Bank Malaysia Berhad is seeking a Lead Auditor in Regulatory Audit to drive end-to-end audit engagements across planning, fieldwork, documentation and reporting, ensuring quality and timeliness.

You will perform risk assessments, evaluate internal controls, and apply data analytics to audits, coordinating meetings with auditees and guiding the audit team to implement effective remedial actions.

Qualifications

• A recognised degree or equivalents with at least minimum of 4 years relevant working experience in internal audit.
• Detail-oriented and results-driven.
• Good leadership and communication skills.
• Able to manage multiple priorities and meet deadlines.

Responsibilities

• Lead audit assignments for Regulatory Audit and manage execution through planning, fieldwork, documentation and reporting.
• Perform risk assessments on business processes and identify controls for regulatory compliance.
• Evaluate adequacy of risk management and internal controls with recommendations.
• Carry out audits using risk-based methodology and ensure IIA Standards compliance.
• Analyse audit requirements and apply data analytics to audit assignments.
• Coordinate opening and exit meetings with auditees for each audit.
• Review team work in TeamMate and ensure timely documentation.
• Prepare and present audit findings and recommendations to management.
• Lead and supervise audit team and monitor action plans to close gaps.
• Participate in BCP reviews and independent project observations.
• Support Head of Department in ad-hoc assignments.

Skills

Leadership

Regulatory audit

Communication skills

Risk assessment

Education

Bachelor's degree

Tools

TeamMate

Job description

• Lead audit assignments for Regulatory Audit department and responsible for the execution throughout the audit lifecycle including planning, fieldwork, documentation and review, issues and report writing.
• Perform risks assessment on business processes and identify the relevant controls in ensuring compliance with the regulatory guidelines, internal framework/ policies/ SOP.
• Evaluate the adequacy and effectiveness of risk management processes, system of internal controls, regulatory compliance and governance processes and make appropriate recommendation to improve efficiency and effectiveness.
• Carry out audit assignment using risk-based audit methodology and ensure compliance with the IIA Standards.
• Analyse audit requirements and develop/ applying data analytics for audit assignments.
• Coordinate and conduct opening meeting and exit meeting with auditees for each audit assignment.
• Review work performed by team members, provide feedback and ensure timely documentation in TeamMate audit software.
• Prepare and present audit findings and recommendations to management and ensure appropriate actions are committed by management within reasonable timeline for rectification/ resolution.
• Prepare quality audit report for review by the Head of Department and GCIA.
• Lead and supervise the audit team, ensuring adherence to audit plans and timelines.
• Track and perform validation on completed action plans for audit findings to ensure appropriate actions have been taken to close the gaps within the targeted timeline.
• Appraise the performance of the team members upon completion of an audit assignment or as and when required.
• Participate in key Business Continuity Plan (BCP) reviews and exercise as an independent observer, when required.
• Participate in key projects such as system implementation projects as an independent observer, when required by the Head of Department or GCIA.
• Support the Head of Department or GCIA in executing ad-hoc assignments, advisory review requests and any non-audit assignments.

Requirements

• A recognised degree or equivalents with at least minimum of 4 years relevant working experience in internal audit.
• Detail-oriented and results-driven.
• Good leadership and communication skills.
• Able to manage multiple priorities and meet deadlines.

Alliance Bank Malaysia Berhad and its subsidiary, Alliance Islamic Bank Berhad, offers banking and financial solutions through its consumer, SME, corporate, commercial and Islamic banking. The Bank provides easy access to its broad base of customers throughout the country via multi-pronged delivery channels that include retail branches, Privilege Banking Centres, Business Centres, Investment Bank branches, and mobile and Internet banking.

About Alliance Bank Malaysia Berhad

Alliance Bank Malaysia Berhad and its subsidiary, Alliance Islamic Bank Berbad, offers banking and financial solutions through its consumer, SME, corporate, commercial and Islamic banking. The Bank provides easy access to its broad base of customers throughout the country via multi-pronged delivery channels that include retail branches, Privilege Banking Centres, Business Centres, Investment Bank branches, and mobile and Internet banking.