Head of Audit (Wholesale Bank)

Post Date: 28 Nov 09

Responsibilities:

• Provides HO and Branch’s management with independent and objective appraisals of the controls adequacy and effectiveness of activities undertaken by the Branch.
• Oversees the Audit and Control Department by organising , planning , directing, coordinating and supervising the various job responsibilities of the department.
• Assists Branch’s Management to improve its effectiveness in risk management, control and governance processes by identifying and evaluating significant exposure to risk and contributing to the improvement of risk management and control systems.
• Provides a consultative and advisory role to Branch’s management.
• Protects interests of the Bank and contributes to the discharge of management’s oversight responsibilities by highlighting control deficiencies , compliance lapses and risk issues.
• Recommends value addes and cost effective initiatives to streamline business processes and improve operarional efficiency to achieve cost reductions for the Branch.
• Prepares annual audit work plan covering both operational audits and loan reviews
• Oversees and directs the work performed by the Auditors responsible for operations audits and loan reviews.
• Oversees reports prepared for submission to HO and Branch’s management.
• Coodinates and addresses concerns and issues raised by relevant authorities, HO and Branch’s management.
• Coordinates information requests during Regulators inspection and HO-ACD Audit.
• Undertakes projects and special assignments (including handling of customer’s complaints) as directed by Branch’s management and/ or HO.
• Handles administrative duties of the department.

Requirements:

• Degree holder with at least 12- 15 years of relevant Audit experience in bank

• Sound understanding of the fundamentals, market conventions and industry practices.

• At least 5-8 years of managerial experience.

• Excellent written and oral communication skills in English

• Able to exercise good judgement and offer flexibility, whilst ensuring governance with local practice

• Strong interpersonal skills, must be able to communicate well with people at various levels of the organisation

• Good organisational skills

• Ability to work under pressure and to tight deadlines

* Only Singaporeans and PR holders who meet the above criteria need apply

Interested applicants kindly email/fax your resumes in Word Format to us, attention to Ms Charnele Tan, stating the following:

1) Availability

2) Current / Last Drawn Salaries

3) Reasons for leaving previous employments

4) Expected salary

5) Recent Photo

Tel: 6323-1121 Fax: 6533-3846 Email: charnele.tan@gmprecruit.com