AVP, Strategic Management & Professional Practices, Group Audit

UOB•Phoenix, AZ

21h

About The Position

About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers. Job Description Job Responsibilities - Auditor Lead or participate in audit projects and be responsible for the business, operational and regulatory audit for International Branches, Group Risk Management and Asset Management. Conduct credit file review for identifying existing and emerging risks relating to credit quality and management of credit risk, assess the appropriateness of counterparty risk rating and the credit administration and operation processes, mainly for International Branches. Link in the reviews with specific aspects of AML/CFT & Sanctions and trade finance and treasury products. Plan, organize, execute and conclude on internal audits including the preparation of an audit plan, audit report, and perform the quality review of auditing standards of the team and make recommendations to improve the audit processes and work paper documentation. Prepare concise summarized reports and management papers for the Audit Committees and other stakeholders. Participate in digital projects which promote data-driven operating model and audit process. Job Responsibilities – Strategic Management & Professional Practices The Strategic Management and Professional Practices (SMPP) Division manages the key operational components of the Audit Function, and the development and management of Group Audit's Methodology, Systems and Processes, Quality Assurance (QA), Learning and Development (L&D), as well as provides oversight and advisory support to the Audit Leadership Team and Audit Functions in the Group. The role supports the SMPP Division and includes work on a variety of initiatives and activities that will enhance the internal audit methodology and processes, provide quality assurance for the Function, and develop the skills and competencies of the auditors, including: Methodology and QA Assess conformance with audit methodology and IIA Standards; Provide constructive feedback to improve the effectiveness of audit process and its documentation quality Support enhancement and regular refresh of audit methodology and procedures to ensure they remain fit-for-purpose and relevant, including identification of audit risk hotspots and emerging risks L&D Execute and maintain competency framework, including skills gap analysis and training roadmap, and enhance the internal training program to meet development needs of the audit function Facilitate the training curriculum, and ensure accurate and timely record keeping and reporting of training records Systems and Processes Support the audit systems and processes, including system change requests, user acceptance testing, access control and documentation Support the continuous improvement of systems and processes, and facilitate change Group and Singapore Function - Operations and Reporting Support the Audit Leadership Team in executing the Functional Strategy, communicating the Functional mandate and value proposition Involved with but not limited to developing and maintaining KPIs and monitoring audit plan progress Support the reporting internally and externally to Board, Audit Committees, Senior Management, Stakeholders and Regulators Support the day-to-day operations of the Function; Liaison with other Functions of the Bank Provides advisory support to overseas banking subsidiaries' internal audit functions to enhance standards and consistency across the Group

Requirements

Recognized university degree, with minimum 8 years of relevant audit experience in financial institutions from the banking industry.
Sound knowledge of corporate credit lending, credit management and remedial processes covering front office, middle office and back office functions as well as familiarity with laws and regulations governing the businesses.
Possess strong analytical and problem-solving skills with excellent verbal/ written communication and interpersonal skills
Well versed in assessing business risks and controls, to recommend business-focused solutions to improve risk management practices.
Able to multitask and cope with change and diversity in a fast-paced environment
Possess strong project management skills to lead audit assignments
Team-oriented with a strong sense of ownership and accountability.
Good data analysis skill; ability to analyse business data utilizing automated tools would be an advantage
Traveling overseas (approximately 30%) for job assignments is required for this position.

Nice To Haves

Professional certifications such as CIA, CFA or CPA will be advantage.
Good data analysis skill; ability to analyse business data utilizing automated tools would be an advantage

Responsibilities

Auditor Lead or participate in audit projects and be responsible for the business, operational and regulatory audit for International Branches, Group Risk Management and Asset Management.
Conduct credit file review for identifying existing and emerging risks relating to credit quality and management of credit risk, assess the appropriateness of counterparty risk rating and the credit administration and operation processes, mainly for International Branches.
Link in the reviews with specific aspects of AML/CFT & Sanctions and trade finance and treasury products.
Plan, organize, execute and conclude on internal audits including the preparation of an audit plan, audit report, and perform the quality review of auditing standards of the team and make recommendations to improve the audit processes and work paper documentation.
Prepare concise summarized reports and management papers for the Audit Committees and other stakeholders.
Participate in digital projects which promote data-driven operating model and audit process.
Assess conformance with audit methodology and IIA Standards
Provide constructive feedback to improve the effectiveness of audit process and its documentation quality
Support enhancement and regular refresh of audit methodology and procedures to ensure they remain fit-for-purpose and relevant, including identification of audit risk hotspots and emerging risks
Execute and maintain competency framework, including skills gap analysis and training roadmap, and enhance the internal training program to meet development needs of the audit function
Facilitate the training curriculum, and ensure accurate and timely record keeping and reporting of training records
Support the audit systems and processes, including system change requests, user acceptance testing, access control and documentation
Support the continuous improvement of systems and processes, and facilitate change
Support the Audit Leadership Team in executing the Functional Strategy, communicating the Functional mandate and value proposition
Involved with but not limited to developing and maintaining KPIs and monitoring audit plan progress
Support the reporting internally and externally to Board, Audit Committees, Senior Management, Stakeholders and Regulators
Support the day-to-day operations of the Function; Liaison with other Functions of the Bank
Provides advisory support to overseas banking subsidiaries' internal audit functions to enhance standards and consistency across the Group