Group Chief Internal Auditor at SBM Bank

Job Purpose:

The Group Chief Internal Auditor will have a proven background in internal audit, including information technology, financial and operational controls, ideally in a financial institution. This person will have exceptional business leadership skills and will oversee the audit reviews of SBM Group Banking & Non-Banking operating entities. He or she will report directly to the Chairman of the Audit Committee.

Key Responsibilities:

• As the Group Chief Internal Auditor, he or she will bring best-in-class thinking to the internal audit function relative to risk assessment, audit process development, utilisation of automated audit tools and the development of the function, and will be expected to:
• Understand the risk profile of SBM Holdings Ltd and its group of companies
• Work in collaboration with the different internal audit team leaders from our subsidiaries to ensure that the audit methodology is standard throughout all the group’s entities
• Drive the development of and execute against risk-based audit plans that clearly define the objective and scope of each review, employing critical thinking and appropriate testing methodologies
• Provide an independent appraisal of controls over financial integrity, operational effectiveness, IT controls for security, privacy and high availability, and compliance with laws and internal policies
• Conduct special investigations and confidential assignments for SBM Holdings Ltd
• Communicate findings in a timely manner, obtaining agreement on the root cause of issues and commitment to implementation of recommendations
• Follow up and appraise implementation of corrective actions
• Manage and grow a talented team of professionals
• Partner with the risk and compliance teams on the development of a group-wide enterprise risk management programme

Qualifications, Experience & Skills:

• Must possess professional qualification; ACA, ACCA or international equivalent
• A professional qualification from IIA (Institute of Internal Auditors) is a plus
• A Master Degree in Business, Accounting, Finance, and/or Economics is a plus
• 15+ years of audit experience, of which 7+ years should have been in senior management position in a significant size financial institution or leading audit firm
• Experience of audit committees
• Comprehensive knowledge of auditing practices, procedures and principles, sufficient to interpret and analyse complex concepts and apply them in innovative ways. Skills and knowledge should include an extensive understanding of financial, operational, market and credit risk
• Good knowledge of banking standards, regulatory guidelines, laws and regulations in jurisdictions where SBM operates
• Strong communication, presentation and interpersonal skills