Head of Internal Audit - MY879240

Morgan Philips Executive Search; Kuala Lumpur; On-site; MYR 268,000 - 446,000; Full time

Benefits offered by this job

Annual bonuses

Comprehensive corporate benefits

Job summary

Morgan Philips Executive Search is assisting a market-leading Malaysian Non-Bank FI in filling the Head of Internal Audit role. You will formulate and execute a risk-based internal audit plan, lead audits across technology, operations, branch distribution, finance and regulatory compliance, and present findings to the Audit Committee and executive leadership.

Ideal candidates hold CIA or equivalent, with proven internal audit leadership in financial services and strong stakeholder management.

Qualifications

• Proven internal audit leadership experience within financial services.
• Strong knowledge of consumer financing operations and regulatory requirements (BNM).
• Professional audit credentials such as CIA are required.
• Excellent stakeholder management with senior management and Board Audit Committee.

Responsibilities

• Formulate and execute the annual risk-based internal audit plan to assess internal controls, risk management and governance.
• Lead audit activities across technology, operations, branch distribution, finance and regulatory compliance.
• Report findings, risk evaluations and recommendations to the Audit Committee and executive management.
• Drive audit reviews for new business areas and adapt programs to regulatory changes.
• Supervise, coach and develop internal audit teams and ensure succession planning.
• Oversee tracking and timely implementation of management action plans across audited entities.

Skills

CIA

Internal audit leadership

Regulatory knowledge

Stakeholder management

Education

CIA or equivalent

Job description

Our client is a market-leading Non-Banking Financial Institution (FI) in Malaysia.

Job Vacancies:

Head of Internal Audit

Reporting line:

Functionally to the Audit Committee and administratively to executive leadership

Accountabilities:

• Formulate and execute the annual risk-based internal audit plan to provide independent assessment of internal controls, risk management, and governance frameworks.
• Lead and oversee audit activities across technology, operations, branch distribution, finance, and regulatory compliance.
• Report audit findings, risk evaluations, and value-added recommendations directly to the Audit Committee and executive management.
• Drive audit reviews for new business areas and update programs in response to evolving regulatory requirements and process changes.
• Supervise, coach, and develop internal audit teams, ensuring high standards of execution and succession planning.
• Oversee the tracking and prompt implementation of agreed management action plans across all audited entities.

Who you are:

Ideal candidates will have proven internal audit leadership experience within financial services, with strong technical knowledge across consumer financing operations, regulatory requirements (including BNM), and corporate governance. Professional audit credentials (such as CIA or equivalent) are required, alongside exceptional stakeholder management skills for engaging senior management and the Board Audit Committee.

What's on offer:

This executive opportunity offers leadership of a comprehensive internal audit function for a premier non-bank financial institution. You will play a crucial role in safeguarding organizational controls and supporting sustainable business growth.

The offered basic monthly salary is up to MYR 40,000, accompanied by annual performance bonuses and comprehensive corporate benefits.

Please note that only shortlisted candidates will be contacted. Applications are open only to local candidates.