VP/AVP, PB &CBG Audit Function, Group Audit

DBS; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial services firm in Singapore seeks an experienced professional for regulatory compliance audits. The role involves conducting independent reviews for Private Banking and Consumer Banking Groups while evaluating internal controls and presenting audit findings. Candidates should have 6-10 years of relevant experience in the financial industry, strong analytical and communication skills, and the ability to work independently. Knowledge of AML and auditing qualifications like CA or CIA are preferred.

Qualifications

• 6-10 years’ experience in financial services, especially in regulatory compliance.
• Technical knowledge of regulatory compliance and associated risks.
• Self-motivated with proactive initiative.

Responsibilities

• Lead reviews for Private Banking and CBG to identify risks.
• Evaluate internal controls and identify gaps in processes.
• Present clear audit findings and reports in a timely manner.

Skills

Regulatory compliance knowledge

Analytical skills

Strong communication skills

Ability to work independently

Education

Degree qualification

Tools

Data management expertise

AML qualifications

Chartered Accountant (CA)

Certified Internal Auditor (CIA)

Job description

Job Description

Business Function

Group Audit helps the Board and Executive Management meet the strategic and operational objectives of the DBS Group. We conduct independent checks to ensure that the Group’s risk and control processes are adequate and effective. All our team members are highly sought-after professionals who work as trusted advisors to our clients, in all matters related to a company’s internal controls.

This role encompasses dealing with business teams (e.g. consumer banking, wealth management and institutional banking) across DBS network and working closely with various audit teams across the regions.

Responsibilities

• Lead and conduct reviews for Private Banking and CBG across businesses and identify its associated risks.
• Evaluate internal controls design for its effectiveness and identify gaps from the review of business processes in accordance with the annual audit plan, audit methodology and IIA standards
• Partner with audit specialists in the team to identify opportunities to apply data analytics in audit
• Ensure timely escalation of issues, and present clear, concise and impactful audit findings and reports
• Provide concise audit findings, present reports on a timely basis and deliver the audits to completion within established timelines.
• Keep abreast on the development of regulatory, industry development through continuous monitoring and auditing.
• Partner with audit colleagues in the other relevant specialist teams to ensure efficient and consistent audit coverage, promote knowledge sharing and best practices across Group Audit
• Preferred: Consumer Product & Credit knowledge, Data management expertise, and familiarity with platform operations to enhance audit effectiveness and provide insightful recommendations within Private Banking and CBG
• Avaloq knowledge is a plus

Requirements

• Degree qualification, with at least 6-10 years’ experience in the financial services industry, preferably with relevant experience in regulatory compliance of Consumer banking, Wealth management businesses.
• Strong technical knowledge of regulatory compliance in businesses and their associated risks
• Ability to work independently and effectively with multiple priorities
• Self-motivated, and demonstrates proactive initiative
• Strong communication skills (both verbal and written), i.e., able to articulate key messages effectively.
• Proven robust analytical skills with strong attention to detail.
• Platform/Data, AML and/or Internal audit qualifications Chartered Accountant (CA), Certified Internal Auditor (CIA)) are preferred.