Senior Audit Associate

Great Eastern Life; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

Great Eastern Life is seeking a Senior Audit Associate (IT Audit) to contribute to the internal audit process by executing audit field work and providing recommendations based on best practices. This role involves a collaborative team environment where the associate will engage in auditing activities to improve operational effectiveness. Ideal candidates will have a degree in Accountancy and relevant audit experience, demonstrating integrity and adaptability.

Qualifications

• At least 2 years of relevant work experience.
• High level of integrity and accountability.
• Takes initiative to improve processes.

Responsibilities

• Perform audits under supervision and document work done.
• Identify risks and controls during audit tests.
• Provide recommendations for improvement.

Skills

Auditing

Risk Management

Analysis

Teamwork

Adaptability

Education

Degree in Accountancy or equivalent qualifications (CPA, ACCA, CFA, CIA, CISA)

Job description

Job Description - Senior Audit Associate (IT Audit) (250000Q4)

Senior Audit Associate (IT Audit) (

Job Number:

250000Q4 )

About the Job

The Senior Audit Associate performs audit primarily as a team member under the supervision of the Team Lead and Reviewer, and recommends corrective actions based on best practices to improve the internal controls and operational effectiveness of GELM, GEGM and GETB.

· Understand the Internal Audit methodology prescribed in the Group Internal Audit manual and apply it under supervision.

· Assist the Team Lead in audit planning activities, and execute audit field work based on the Risk & Control Matrix (RCM) and documenting the work done within the planned scope and time frame.

· Execute audits by:

a. Identifying objectives, risks and controls;

b. Identifying process design gaps, improvements opportunities and any instances of over-control during walkthrough of business units’ processes;

c. Performing audit tests to identify operating effectiveness issues;

d. Identifying and understanding the root cause of problems or issues and providing recommendations for improvement;

e. Drafting audit observations in accordance with specified standards, and assisting the Team Lead to draft the audit report, where required;

f. Providing an opinion on the overall effectiveness of risk management and control of the audit area(s);

g. Performing follow-up on the implementation of agreed action plans; and

h. Collaborating with the team through idea generation and support other team members, Team Lead and Reviewer with a positive attitude.

· Communicating resource needs to Team Lead or Reviewer on a timely basis.

· Establish good working relationships with staff members at all levels of the organisation.

· Use data analytics software and audit management system effectively.

· Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risk.

· Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.

· Highlight any potential concerns/risks and proactively shares best risk management practices.

· Perform other duties as assigned by CIA.

We are looking for people who

· Degree in Accountancy, Finance or equivalent professional qualifications such as CPA, ACCA, CFA, CIA and CISA.

· At least 2 years of relevant work experience.

· Knowledge in auditing, risk management & governance.

· Competencies: a. Technical (auditor independence, business acumen, business process analysis, data collection and analysis, risk assessment, internal audit (IA) engagement execution, IA engagement planning, and internal controls). b. Generic (accountability, customer orientation, decision-making, developing people, developing self, exploring possibilities and teamwork).

· High level of integrity, takes accountability of work and good attitude over teamwork.

· Takes initiative to improve current state of things and adaptable to embrace new changes.

How you succeed

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Who we are

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

To All Recruitment Agencies Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.