Audit Manager, Financial Crime and Fraud Audit - Park Road, Singapore - Commonwealth Bank

Commonwealth Bank

Verified Company

Park Road, Singapore

2 weeks ago

Posted by:

Wei Jie

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Description

Organization:
At CommBank, we never lose sight of the role we play in other people's financial wellbeing. Our focus is to help people and businesses move forward, to progress. To make the right financial decisions and achieve their dreams, targets and aspirations.

Regardless of where you work within our organisation, your initiative, talent, ideas and energy all contribute to the impact that we can make with our work.

Together we can achieve great things.

Job Title:
Audit Manager, Financial Crime and Fraud Audit

Location:
Bengaluru-Manyata Tech Park

Business & Team

In Financial Services, we support the Group's strategy of building tomorrow's bank today for our customers, through a focus on three key priorities of trust, resilience and capital generation.

Financial Services partner with all areas of CommBank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.

The Commonwealth Bank of Australia (Bank) is Australia's leading provider of integrated financial services.

They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers' needs.

Group Audit and Assurance (GA&A) are the internal audit function for the Group.

Their primary purpose is to provide independent and objective assurance of the effectiveness of the Groups risk management, controls and governance processes.

Evolving customer expectations, competitive threats and pace of change require GA&A to support the business with new insights and risk coverage that puts customers first and to continue to provide insightful assurance to the Board.

As digital technology disrupts and transforms entire industries and ways of working, GA&A is committed to keeping pace and continually reimagining themselves with the latest global best technology and innovation.

Impact & contribution:

Some of the key areas you will be providing support and leadership across include:

Oversee and deliver a professional and highly valued audit service to the business and Group Audit's Risk Committees.
Provide objective assurance on risk management to key customers (e.g. Group Executives and their leadership teams) to secure the financial wellbeing of the Bank's customers.
Identify issues together with risk and commercial insights as part of high quality audit reports, which help customers to make a difference to their business.

Roles & Responsibilities:

This role is wide reaching and not prescriptive in every sense. Discretion and sound judgment are critically important.

The role includes, but is not limited, to the following:

Active management of Audit Reviews against the agreed audit plan and forecasts and insights for senior management
Assist in the preparation of internal material for engagement, education and upskilling of the GA&A function
Adhoc analysis of key issues and items for Senior Leadership
Assist in the development of Annual Operating Plans and Quarterly Business Review memos.
Continual search for process improvement / automation of processes to streamline work.
To provide independent review of strategic risks and governance advice to relevant stakeholders.
Engage with people across various parts of the Group; stakeholder management and communication skills are paramount in this role.
Adhere to the Code of Conduct. The Code of Conduct sets the standards of behaviour, actions and decisions we expect from our people.

Essential Skills:

To thrive in this role, you should have demonstrable financial services experience and be comfortable with adapting to change. The role requires experience in Financial Crime and / or Regulatory Compliance Risk Management experience. Prior experience in risk or internal audit role in large Financial Institutions or a professional services firm focusing on this profile will be preferred.
Extensive experience in Compliance and/or AML Compliance and/or audit, and risk management role, preferably in a testing function with a large financial institution or professional services firm.
Extensive knowledge of, and experience in, internal auditing, risk management strategies and techniques.
Strong knowledge of FCC risks across AML/ CTF, Economic & Trade Sanctions and AB&C laws, regulations and directives, and sound understanding of ML/ TF typologies.
Excellent written and verbal communication skills with the ability to summarize findings and present in a clear, concise manner to peers, managers and the senior leadership team.
Ability to execute tasks with a sense of urgency and with the ultimate goal of delivering audits and assigned tasks on time
Demonstrated ability in building strong customer relationships based on credibility, rapport and trust.
Demonstrated ability in deriving both audit and commercial insights.

Qualifications: