MANAGER, GROUP RISK & AUDIT DIVISION

To assist the Senior Manager, GRAD in providing independent, objective assurance and consulting activity designed to add value and improve the company’s operations, and helps the company accomplish its objectives by bringing systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management and internal control processes.

Duties and Responsibilities:

1. Assist Senior Manager, GRAD to plan, prepare and monitor the annual budget for the division.
2. Align audit/advisory activities to budget to ensure that expenses are within the approved budget.
3. Review and evaluate the process for identifying, evaluating and managing risk associated with the company & other entities in order to provide reasonable assurance in relation to the enterprise-wide risk management process.
4. Exercise proper administration of the division including recommendation, controlling and monitoring its annual budget, staff leave, expenses claim, etc within its delegated authority limit.
5. Assist Senior Manager, GRAD in the preparation of the Internal Audit Plan, performance for GRAD, review of Internal Audit and Investigation Reports and any other matters outstanding.
6. Review audit/advisory report and timely communicate audit/advisory results to auditees with an opinion on the state of its system of internal control, findings and action plans.
7. Conduct entrance and exit meeting to discuss on audit issues.
8. Participate in meetings and discussions with business/support units with objective of providing consultancy and advice in the implementation of new process or procedures.
9. Develop, compile and continuously update the audit universe and applying the risk ranking to identify high risk and value activities to develop an Internal Audit Plan for reporting to the Audit, Risk and Sustainability Committees.
10. Plan and coordinate audit/advisory activities against available manpower to ensure activities are carried out in accordance to audit plan.
11. Prepare/review the scope and objective of audit/advisory activities.
12. Review Audit Work Programme to ensure consistent to business activities, objectives and compliance to guideline, policies, laws and/or regulations.
13. Review the Audit Planning Memorandum to determine the objectives, scope, timing and resource allocation.
14. Monitor and ensure timely completion of audit/advisory activities in accordance to Internal Audit Plan and standards.
15. Discuss and brief Senior Manager, GRAD on audit/advisory findings.
16. Review and monitor action plans to ensure that plans have been effectively implemented.
17. Conduct and co-ordinate other assignments, projects, fraud investigation and/or special examination upon request by Senior Manager, GRAD.
18. Maintain and ensure that audit/advisory activities are conducted in accordance to IIA Standard, Audit Manual and Audit Charter.
19. Maintain and ensure that the Quality Assurance and Improvement Plan for the division is consistently executed.
20. Provide continuous training and coaching to staff in order to contribute to the operational efficiency of the division.

Position Summary:

To assist the Senior Manager, GRAD by (a) maintaining and developing the Enterprise Risk Management framework; (b) co-ordinating, maintaining and reporting of risks activities; (c) coaching the organization on risks and controls and (d) developing risk management strategy.

Duties and Responsibilities:

1. Establish ongoing effective mechanisms to assess risks and controls within the Group and its subsidiary companies to effectively anticipate uncertainties in its business operations.
2. Perform continuous review of the Enterprise Risk Management Framework to be aligned with statutory and regulatory requirements.
3. Develop company risk information requirements, reporting thresholds and methods for determining priorities.
4. Undertake independent review and assessment of existing operational procedures for continuous improvement.
5. Identify opportunities for the company wide mitigation of risk through central controls and processes.
6. Promote Risk Management awareness within the group and embed the awareness in all key activities and business processes.
7. Review periodic Risk Management report to Audit, Risk and Sustainability Committees.
8. Review Statement of Risk Management & Internal Control and Sustainability Statement.

Knowledge, Skills and Abilities

1. Degree in any field and/or relevant professional qualification will be desirable.
2. At least 6 years of working experience in either internal auditing, external auditing, risk management, compliance and/or operations. At least 2 years of supervisory level.
3. Preferably candidate with related working experience in public listed companies with diversified business operations.
4. Knowledge in corporate governance, risk management, internal controls, information technology, cybersecurity and regulatory requirements governing public listed companies.
5. The candidate must be comfortable presenting to Management, Senior Management, occasionally to Audit, Risk and Sustainability Committees and/or Boards and able to build strong working relationships with the operational management and team members.
6. Strong leadership skills with ability to build plan and motivate others towards common vision.
7. Strong analytical skills with aptitude for details.
8. Excellent command of Microsoft Office and other IT systems/applications.
9. Excellent communication skills with the ability to influence various levels and across functions.
10. Excellent command of English and Bahasa Malaysia.
11. Preferably a member of the Institute of Internal Auditors Malaysia/Malaysian Institute of Accountants/ISACA/ISC2.