Senior Audit Manager, Global Treasury

**Senior Audit Manager, Global Treasury & Investment Banking Audit** **-** **(**2300017I**)**

**Roles and Responsibilities**:
Strategic Management

Assist Department Head in the following:

- Establish Group Audit’s mission, which is to provide independent and objective assessments to help improve the quality and effectiveness of governance, risk management and internal control processes, and enable OCBC Banking Group to accomplish its strategic objectives.
- Develop and maintain the Internal Audit Charter to establish the terms of reference for Group Audit by defining the purpose, authority and responsibility of the internal audit function within OCBC Banking
- Set the vision and strategic direction for Group Audit and ensure that its stature, organisation, strategy and resources are aligned with the Banking Group’s strategic objectives and corporate governance, and take into consideration changes in stakeholders’ expectations, emerging trends and leading practices in internal auditing.

People Management

Assist Department Head in the following:

- Lead, motivate and manage a team of auditors to ensure they have sufficient knowledge, skills and experience, and fulfil the key attributes of internal audit profession, i.e. professional ethics, professional competence, due professional care, independence and objectivity.
- Set measurable key performance indicators for audit team members that will enable the department to meet or exceed its mission and goals.
- Support the guest auditor programs in providing learning opportunities for guest auditors to better understand audit requirements and process as well as strengthen their risk awareness and control consciousness; and conversely to encourage the guest auditors to contribute business perspectives and practical balanced approaches to OCBC’s auditing process.
- Lead by example by modelling bank desired behaviours, so that team members are inspired to do the same.
- Champion a prudent risk and compliance culture that promotes good ethics, accountability and good conduct among colleagues.
- Cultivate a conducive environment that allows team members to learn, grow and consistently exhibit the core values of the Bank.

Deliverables Management

Assist the Department Head in the following:

- Formulate an annual audit plan for Treasury and Investment Banking, using an appropriate risk-based audit methodology and including the key risks and emerging requirements associated with the Banking Group’s corporate strategy, business model and activities, and operating environment.
- Monitor the execution of the audit plan, manage it within budget, and report the status and results of executing the audit plan
- Make necessary changes to the audit plan to address any emerging risks and concerns, regulatory developments or shifts in the Banking Group’s corporate strategy
- Provide audit support to other audit departments within Group Audit in respect of the audits on Treasury and Investment Banking activities in overseas subsidiaries and branches.
- Report, on periodic basis, any significant issues related to the governance, risk management and internal control processes of the Banking Group, including potential improvements to the processes, and provide information concerning such issues through to resolution.
- Support the provision of, at least annually, a report on the state of internal controls by assessing the adequacy and effectiveness of the Banking Group’s governance, risk management and internal control processes
- Provide consulting or advisory service (for example special reviews at the request of Senior Management or regulators) where the objective is to add value and improve the governance, risk management and control processes of the Banking Group without Group Audit assuming management responsibility
- Provide support on the investigations into alleged staff misconduct or suspected internal frauds (involving bank staff) that may arise from whistle-blowing or referred by Businesses.

Internal Audit Practice Management

Support the Department Head in the following:

- Assist in the development and maintenance of the audit methodology, standards and practices that are relevant to the Banking Group and take into consideration leading practices in internal auditing
- Assist in the development of and support the implementation of a quality assurance and improvement program to assess Group Audit’s conformance with the Institute of Internal Auditors (IIA) International Standards for the Professional Practice of Internal Auditing and put in place measures to address any gaps and enhance the internal audit practices
- Where necessary, engage external service provider on co-sourcing of internal audit activities and ensure that there is adequate oversight over the external service provider and knowledge transfer to Group Audit staff.

Stakeholders Management

Assist the Department Head in the following:

- Report on periodic basis to the Audit Committee