VP, Global Markets & Treasury Internal Auditor (APAC)

The Japan Research Institute, Limited (Singapore Branch); Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation (SMBC) Singapore seeks a high-calibre VP-level auditor for the Internal Audit Department, Asia Pacific Division. You will lead risk-based audits across Global Markets and Treasury, assessing governance and controls and delivering practical improvement recommendations.

You will engage senior stakeholders, apply data analytics, and contribute to risk assessments with a strong emphasis on front- and middle-office activities, market and liquidity risk, and

Qualifications

• University degree in a relevant discipline such as Finance or Business or CPA certified or equivalent of an internationally recognised accounting body.
• 10-12 years of internal audit experience in banks, with substantial experience auditing Global Markets & Treasury front-office and middle-office functions.
• Demonstrated ability to lead and execute audits independently, including scoping, risk assessment, testing, issue formulation, report drafting, stakeholder engagement and issue validation.
• Strong understanding of Global Markets, Treasury and securities-related business activities, associated risks, control frameworks and governance arrangements.
• Strong stakeholder management and communication skills, including the ability to engage and challenge senior stakeholders constructively.
• Excellent written and verbal communication skills in English

Responsibilities

• Execute risk-based audits covering Global Markets & Treasury and related risk management functions across Asia Pacific and other jurisdictions.
• Assess the adequacy and effectiveness of governance, risk management and internal controls over Global Markets & Treasury front-office and middle-office functions, including activities performed under the Bank-Securities dual-hat operating model.
• Perform in-depth reviews of Global Markets & Treasury activities and associated risk management and control processes, including market risk management, liquidity risk management, dealer conduct and trade surveillance, limit monitoring, management information reporting, stress testing and related governance frameworks.
• Utilise data analytics to enhance audit effectiveness and continuous monitoring.
• Provide value-adding, practical and sustainable recommendations to strengthen governance, risk management and control processes, address emerging risks, and enhance the effectiveness of Global Markets & Treasury control environments.
• Develop and maintain effective working relationships with internal and external stakeholders, including senior management of assigned Global Markets & Treasury functions, to support risk assessment, continuous monitoring, audit execution and timely remediation of identified issues.
• Contribute to the annual and ongoing risk assessment process through continuous monitoring of assigned Global Markets & Treasury functions, maintaining an understanding of business strategies, operating models, products, risk profile, control environment and key developments.
• Assess the impact of business, market, regulatory and industry developments on the Bank's Global Markets & Treasury activities, risk profile, control environment and audit coverage.
• Participate in departmental, regional and global audit initiatives, thematic reviews and strategic projects to support the ongoing enhancement of audit coverag and methodology.

Skills

Leadership

Stakeholder management

Communication skills

Analytical thinking

English proficiency

Education

University degree in Finance or Business

CPA or equivalent

Job description

Sumitomo Mitsui Banking Corporation (SMBC) Singapore seeks a high-calibre VP-level auditor for the Internal Audit Department, Asia Pacific Division. You will lead risk-based audits across Global Markets and Treasury, assessing governance and controls and delivering practical improvement recommendations.

You will engage senior stakeholders, apply data analytics, and contribute to risk assessments with a strong emphasis on front- and middle-office activities, market and liquidity risk, and