Internal Audit Manager (Fund Management)

ACCA Careers; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Flexible working

Training opportunities

Regional exposure

Cross-border collaboration

Job summary

ACCA Careers in Singapore is seeking an experienced Internal Audit Manager to establish and execute a risk-based internal audit framework for a fund management business. The role spans governance, controls, and regulatory compliance across jurisdictions.

You will lead audits, review controls, and report findings to senior stakeholders while supporting cross-border initiatives and regional collaborations. Strong MAS knowledge and professional credentials are highly valued.

Qualifications

• Extensive experience in fund management or asset management with risk/audit focus.
• Track record in internal audits or risk/compliance reviews at regulated financial institutions.
• Qualification as CIA/CPA/CA/ACCA or equivalent is highly desirable.

Responsibilities

• Establish a rigorous risk-based internal audit framework for fund management operations.
• Execute audits covering governance, regulatory compliance, financial controls, valuation, outsourcing, and operational risks.
• Assess adequacy of internal controls and alignment with industry standards.
• Support MAS regulatory inspections and respond to audit queries as needed.
• Prepare concise audit reports with practical remediation recommendations for management and board.
• Track findings and ensure timely closure of remediation actions.
• Maintain thorough audit documentation in line with professional standards.

Skills

Internal audit

Risk management

Compliance reviews

Stakeholder communication

Education

CIA (Certified Internal Auditor)

CPA

CA (Chartered Accountant)

ACCA

Job description

A leading investment management company in Singapore is seeking an experienced Internal Audit Manager to establish and execute a comprehensive risk-based internal audit framework for its fund management business. This role offers the unique opportunity to work across multiple jurisdictions providing exposure to diverse regulatory environments and operational structures.

What You'll Do

As Internal Audit Manager, you will take ownership of establishing a rigorous internal audit framework that underpins the integrity of fund management operations.

• Develop and maintain a comprehensive risk-based internal audit plan tailored to the firm's business objectives, regulatory requirements, and diverse fund structures.
• Execute detailed internal audits covering all aspects of fund management operations, including governance processes, regulatory compliance, financial controls, valuation procedures, outsourcing arrangements, and operational risks.
• Review and assess the adequacy and effectiveness of internal controls throughout the organisation to ensure alignment with industry standards and best practices.
• Evaluate compliance with Singapore regulatory requirements such as MAS licensing conditions, guidelines on risk management, internal controls, and business conduct.
• Assess governance frameworks by examining escalation processes, segregation of duties, and oversight mechanisms implemented by senior management and the board.
• Support regulatory inspections by preparing documentation and responding to audit-related queries from authorities when required.
• Prepare clear, concise internal audit reports that include practical recommendations focused on mitigating risks for both management and the board.
• Track audit findings diligently by following up on remediation actions to ensure timely closure of identified issues.
• Maintain thorough documentation and audit working papers in accordance with professional standards to support transparency and accountability.

What You Bring

Your proven track record as an Internal Audit Manager will demonstrate extensive experience within fund management or asset management sectors ideally spanning at least ten years with direct involvement in internal audits or risk/compliance reviews at regulated financial institutions.

• Direct exposure to auditing or reviewing real estate funds, REIT managers, private funds or asset managers is strongly preferred for this position.
• Familiarity with MAS-regulated entities along with deep understanding of Singapore's regulatory environment is crucial for success.
• Experience coordinating cross-border audits or working collaboratively with regional stakeholders in Australia or Korea will be viewed favourably.
• Professional qualifications such as CIA (Certified Internal Auditor), CPA (Certified Public Accountant), CA (Chartered Accountant), ACCA (Association of Chartered Certified Accountants) or equivalent are highly desirable.
• A degree in Accounting, Finance, Business or related discipline forms the foundation for your technical expertise.
• Strong grasp of risk-based auditing methodologies combined with knowledge of internal controls within regulated environments is required.
• Excellent written and verbal communication skills are needed to present audit findings clearly to senior stakeholders across different regions.
• Detail-oriented mindset coupled with sound judgment enables you to operate effectively within a lean organisational structure.
• Comfortable adopting a hands-on approach while collaborating closely with various teams including compliance, finance, operations and investment.

What Sets This Company Apart

This organisation stands out as a licensed real estate fund manager operating across Asia-Pacific markets with a reputation for managing private funds that offer cross-border exposure. As part of an established group with offices throughout the region, employees benefit from access to diverse investment strategies and operational structures. The company fosters an inclusive culture where collaboration between teams is encouraged; flexible working arrangements support work-life balance while ongoing training opportunities promote professional development. With its commitment to robust governance frameworks and transparent business conduct underpinned by regulatory compliance standards such as MAS guidelines-the firm provides an environment where your expertise can make a meaningful impact on both local operations and broader regional initiatives. Transitioning from external audit into this in-house role offers unparalleled scope for growth within a supportive network dedicated to excellence in fund management.