VP, Professional Practices and Governance, Group Audit

Overview

VP, Professional Practices and Governance, Group Audit role at OCBC. This opportunity is for a senior leader to advance Internal Audit governance, standards, and quality—supporting the Bank’s strategic objectives and risk-management framework.

• Strategic Management
  Define and implement strategies for the PPG team to aid Group Audit’s mission and vision. 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 Group. Ensure Group Audit’s stature, organisation, strategy and resources align with the Bank’s strategic objectives and corporate governance, considering changes in stakeholders’ expectations, emerging trends and leading practices. Develop and enhance audit methodologies and practices in line with industry best practices. Lead and contribute to advancement of audit standards and regulatory frameworks.

• People Management
  Lead and motivate the team to ensure knowledge, skills and experience; monitor KPIs; oversee guest auditor programs to enhance understanding of audit requirements and risk awareness; lead by example with bank-appropriate behaviors; champion prudent risk and compliance culture; cultivate an environment for staff growth and adherence to core values.

• Governance
  Assist in preparing the annual audit plan, budget, cost allocation, and KPIs for CEO review and Audit Committee approval. Engage with the Audit Committee and CEO on audit results, significant issues, and KPI progress. Engage with regulators on periodic basis to discuss group audit organisation, plan, risk themes, and reporting requirements. Coordinate with Divisional Management on business developments and risk controls; work with external auditors and regulators as needed.

• Quality Assurance
  Support the quality assurance program to assess conformance with IIA standards and the effectiveness of audit execution; lead thematic reviews to identify key risk areas and trends; identify internal and external quality trends and address gaps.

• Deliverables Management
  Collaborate with Group Leadership to create an annual risk-based audit plan aligned to corporate strategy; monitor plan execution, budgets and progress; adjust the plan for emerging risks or regulatory changes; monitor division KPIs and report on governance and internal control issues with resolutions and assessments.

• Bachelor's degree in Commerce, Business Administration, Accounting, Banking and Finance or related field.
• Minimum of 10 years in an internal audit role within financial services, preferably in Professional Practices, Audit Methodology, Quality Assurance, Planning and Governance Reporting.
• Ability to build and maintain strong stakeholder relationships at all levels.
• Good writing skills with a track record of clear, concise reporting.
• Detail-oriented with strong analytical, problem-solving, multi-tasking and time management skills.

Group Audit provides independent assurance that risk management, governance and internal controls operate effectively to achieve the bank’s strategic objectives. You may collaborate with teams across Global Markets, Risk & Finance Audit, Group Governance and Corporate Functions Audit & Investigation, and other audit teams; your work will involve partners around the world to drive innovation and enhance risk and controls expertise.

Competitive base salary with holistic, flexible benefits, community initiatives, industry-leading learning and professional development opportunities, and a focus on wellbeing and career growth.