Internal Auditor - Credit & Regulatory Audit

CHINA CONSTRUCTION BANK (MALAYSIA) BERHAD; Kuala Lumpur; On-site; MYR 70,000 - 100,000; Full time

Job summary

CHINA CONSTRUCTION BANK (MALAYSIA) BERHAD is seeking an Internal Auditor - Credit & Regulatory Audit to conduct risk-based audits across credit risk, corporate, and credit operations. The role assesses the adequacy of policies, approval processes and controls, and ensures compliance with Bank Negara Malaysia regulations.

The candidate will evaluate risk management and internal control frameworks, identify regulatory gaps, and communicate findings to senior management while maintaining

Qualifications

• Bachelor's degree in Accounting, Finance, Banking, Business or related discipline.
• Professional qualification such as CIA, ACCA, CPA, ICAEW or equivalent will be an advantage.
• Relevant experience in internal audit, credit audit, credit risk, regulatory compliance or banking, preferably within a financial institution.
• Strong knowledge of credit risk management, and BNM regulatory requirements.
• Good understanding of banking products, processes, governance and internal control frameworks.
• Strong analytical, report-writing and stakeholder management skills.
• Ability to independently assess risks, exercise sound professional judgement and communicate effectively with senior stakeholders.

Responsibilities

• Conduct risk-based audits covering credit risk, corporate, credit operations and related processes.
• Assess the adequacy and effectiveness of credit policies, approval processes, credit assessment, monitoring, documentation and controls.
• Review compliance with applicable Bank Negara Malaysia (BNM) regulations, policy documents, regulatory requirements and the Bank's internal policies and procedures.
• Evaluate the effectiveness of the Bank's risk management and internal control frameworks.
• Identify control weaknesses, regulatory gaps and emerging risks, and provide practical recommendations for remediation.
• Prepare audit reports and communicate significant findings and recommendations to senior management and relevant governance committees.
• Perform follow-up reviews to assess the timely and effective implementation of agreed audit actions.
• Maintain a strong understanding of developments in banking regulations, credit risk management and industry practices.
• Work closely with business and control functions while maintaining appropriate independence and professional scepticism.

Skills

Analytical skills

Report writing

Stakeholder management

Risk assessment

Professional judgement

Communication skills

Education

Bachelor's degree in Accounting/Finance/Banking/Business

Professional qualification such as CIA/ACCA/CPA/ICAEW or equivalent

Job description

Internal Auditor - Credit & Regulatory Audit

Internal Auditor – Credit & Regulatory Audit role involving risk-based audits covering credit risk, corporate, credit operations and related processes. The role includes assessing the adequacy and effectiveness of credit policies, approval processes, credit assessment, monitoring, documentation and controls, and reviewing compliance with applicable Bank Negara Malaysia (BNM) regulations, policy documents, regulatory requirements and the Bank's internal policies and procedures.

Job Responsibilities

• Conduct risk-based audits covering credit risk, corporate, credit operations and related processes.
• Assess the adequacy and effectiveness of credit policies, approval processes, credit assessment, monitoring, documentation and controls.
• Review compliance with applicable Bank Negara Malaysia (BNM) regulations, policy documents, regulatory requirements and the Bank's internal policies and procedures.
• Evaluate the effectiveness of the Bank's risk management and internal control frameworks.
• Identify control weaknesses, regulatory gaps and emerging risks, and provide practical recommendations for remediation.
• Prepare audit reports and communicate significant findings and recommendations to senior management and relevant governance committees.
• Perform follow-up reviews to assess the timely and effective implementation of agreed audit actions.
• Maintain a strong understanding of developments in banking regulations, credit risk management and industry practices.
• Work closely with business and control functions while maintaining appropriate independence and professional scepticism.

Job Requirements

• Bachelor's degree in Accounting, Finance, Banking, Business or a related discipline.
• Professional qualification such as CIA, ACCA, CPA, ICAEW or equivalent will be an advantage.
• Relevant experience in internal audit, credit audit, credit risk, regulatory compliance or banking, preferably within a financial institution.
• Strong knowledge of credit risk management, and BNM regulatory requirements.
• Good understanding of banking products, processes, governance and internal control frameworks.
• Strong analytical, report-writing and stakeholder management skills.
• Ability to independently assess risks, exercise sound professional judgement and communicate effectively with senior stakeholders.

CCB has commercial banking branches and subsidiaries in 31 countries and regions, covering financial centres such as London, New York, Frankfurt, Tokyo, Singapore and Dubai etc., providing various financial services for key enterprise customers involved in international trade and large infrastructure projects globally. CCBM & CCBL adhere to its “market-oriented, customer-centric” business concept and is well-positioned to utilise CCB’s brand, global synergy and talent pools to develop itself into a bank with top value creation capability. CCBM & CCBL strive to achieve the balance between short-term and long-term benefits, and between business goals and social responsibilities, so as to maximise the value for customers, shareholders, associates and society.

CCBM has a full-fledged commercial banking license, specializing in global finance (global credit facility, global cash management, global custody etc.), transaction banking (trade financing, commodity financing, wealth management etc.), and financial markets (treasury products, asset management etc.).

CCBL has a full-fledged commercial Labuan banking license granted by the Labuan Financial Services Authority (“Labuan FSA”). Labuan FSA has further approved CCBL to be the first bank in Malaysia to conduct digital banking activities and appointed CCBL as the designated RMB clearing bank in Labuan IBFC. CCBL provides comprehensive wholesale, retail and digital banking services, mainly serving the “Belt and Road” and “Western Land & Sea New Channel” initiatives including large-scale bilateral trade, investment and infrastructure projects.

CCB has commercial banking branches and subsidiaries in 31 countries and regions, covering financial centres such as London, New York, Frankfurt, Tokyo, Singapore and Dubai etc., providing various financial services for key enterprise customers involved in international trade and large infrastructure projects globally. CCBM & CCBL adhere to its “market-oriented, customer-centric” business concept and is well-positioned to utilise CCB’s brand, global synergy and talent pools to develop itself into a bank with top value creation capability. CCBM & CCBL strive to achieve the balance between short-term and long-term benefits, and between business goals and social responsibilities, so as to maximise the value for customers, shareholders, associates and society.

CCBM has a full-fledged commercial banking license, specializing in global finance (global credit facility, global cash management, global custody etc.), transaction banking (trade financing, commodity financing, wealth management etc.), and financial markets (treasury products, asset management etc.).

CCBL has a full-fledged commercial Labuan banking license granted by the Labuan Financial Services Authority (“Labuan FSA”). Labuan FSA has further approved CCBL to be the first bank in Malaysia to conduct digital banking activities and appointed CCBL as the designated RMB clearing bank in Labuan IBFC. CCBL provides comprehensive wholesale, retail and digital banking services, mainly serving the “Belt and Road” and “Western Land & Sea New Channel” initiatives including large-scale bilateral trade, investment and infrastructure projects.