SVP/VP, Group Audit - Consumer Banking Group, Retail Banking
- Employer
- DBS Bank Limited
- Location
- Singapore, Singapore
- Salary
- Competitive
- Posted
- 20 May 2023
- Closes
- 19 Jun 2023
- Ref
- 19635518
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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.
Responsibilities
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
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.
Responsibilities
- Assist the Functional Audit Head to manage the Audit team and oversee the regional audit portfolio of the consumer banking business, with primary focus on deposits, payments, lending/credit, digital, channels, branches, operations and ecosystems
- Foster a trusted relationship with senior stakeholders across locations both internally (e.g. Executive Management, Audit Committee & Board) and externally (e.g. Regulators)
- Drive annual audit planning, execute audit plans and provide progress update to the Audit leadership team
- Provide oversight on end-to-end audits of retail banking management in a risk focused manner regionally
- Provide oversight on the analysis and validation of red flags and exceptions generated from Dynamic Risk Assessment and CBG Analytics tools
- Lead regional audit initiatives (e.g. audit transformation, cross-location collaboration and data analytics tools)
- Escalate issues appropriately and timely. Ensure concise and clear audit findings and reports are presented on a timely basis.
- Keep abreast on the development of regulatory, industry and product development through continuous monitoring and auditing.
- Bachelor or Master's degree in business, accounting, information system, business administration or a related discipline
- At least 10-15 years' experience in the financial services industry, preferably in retail banking
- Strong technical knowledge of consumer banking business & products and their associated risks, as well as knowledge in deposits, payments, digital technologies, channels and ecosystems
- Experience in building data analytics tools and automation solutions within the field of work would be advantageous
- Good experience in regulator & senior stakeholder engagement (across functions and locations)
- Ability to work effectively with multiple priorities and to determine the most appropriate solution based on organisational and stakeholder needs
- Ability to establish and maintain positive relationships with stakeholders and teammates
- Self-motivated, and demonstrates the initiative & ability to work independently
- Excellent oral and written communication, negotiation and presentation skills
- Robust analytical skills with strong attention to detail
- Accounting or internal audit qualifications (Associate Chartered Accountant (ACA), Association of Chartered Certified Accountants (ACCA), Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA)) are preferred. Other professional or post-graduate qualifications (e.g. Chartered Financial Analyst (CFA), or Master of Business Administration (MBA)) would be desirable.
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.