AVP/VP, Multi-Franchise Strategy, Internal Audit Department
4 days ago
As a member of IADAP, your role is to support IADAP Management for effective oversight of internal audit activitiesand risk management for the group companies of SMFG/SMBC covered by IADAP. You will collaborate with internal audit counterparts and senior leadership to review and monitor theinternal audit teams of group companies, ensuring they operatewithin SMFG/SMBC's framework, methodologies, and qualitystandards. Your responsibilities also include supporting risk-based supervision, enhancing audit collaboration acrossentities, and promoting knowledge sharing to enhance control,compliance, and risk management throughout the organization.
Responsibilities
Act as a central point of contact for group companies on audit-related matters, coordinate pre-consultations /approvals by IADAP for appointment of internal audit keypersonnel, updates to audit charters, policies, auditmethodologies, and ensuring timely reporting andescalation of significant issues to senior management.
- Reviews risk assessment and annual audit plans of groupcompanies to verify alignment with the SMFG/SMBC risk andaudit standards. Ensure high-risk areas across the group rectimely and adequate audit attention, particularly in response tregulatory or business environment changes.
- Oversee quality assurance activities for local audit function including guidance on development and implementation ofcorrective action plans for external quality assurance findingwhere necessary.
- Provide guidance and training to group company auditors on SMBC's audit methodology, risk assessment processes.Provide advisory and direct oversight for group companieswithout an internal audit function.
- Maybe require to conduct or participate in joint audits for controlled and non-controlled entities as per IADAP framework requirements, explore opportunity for collaboration amonginternal audit teams across entities. Promote knowledge share consistent understanding and application of audit best practice across entities.
- Contribute to the development of strategic initiatives for internal audit within the group, supporting innovation in audit processes and technology adoption.
- Engage and coordinate in IADAP periodic meetings with local audit management, local senior management, Audit Committee. Maintain up-to-date knowledge of regulatory requirementsimpacting the bank and non-bank group companies.
- Monitor regulatory compliance reports and track remediatof issues identified by external or regulatory audits.
- Prepare and present regular audit oversight reports to senmanagement / stakeholders, summarizing audit coverage, keyfindings, and issues across group companies.
- CPA certified or equivalent of an internationally recognaccounting body. Certification in internal auditing (e.g., preferred.
- Minimum of 8 years of experience in internal audit is requideally within financial institutions. Candidates should hexpertise in consumer and retail banking, as well as governance and risk management audits, specifically in areas of expertise such as retail banking, multi-financing, securities, and asset management.
- Strong knowledge of audit standards, governance, management, and regulatory requirements.
- Excellent communication, analytical, and problem-solving skills.
- Excellent interpersonal and stakeholder management skill.
- Meticulous, disciplined and self-motivated individual with passion to pursue excellence.
- Willingness to travel within the Asia region for audits and supervisory activities.
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