Head of Internal Audit

Job Summary

The Head of Internal Audit holds a senior management position with primary responsibility to provide an independent & objective assessment of the organization’s financial statements, internal controls & reporting processes to ensure good corporate governance. He / She reports to the Board of Directors and ensures that the internal audit goals & objectives are aligned with the strategic goals of the organization.

Key Responsibilities / Key Accountabilities

• To develop, establish and implement internal control frameworks across DCS Card Centre and its subsidiaries to ensure the reliability and integrity of information.

• Ensure consistency in implementation of programs and provide independent assurances to the Board on the effectiveness of risk management and control processes.

• Conduct regular governance and control awareness training to build awareness and ensure compliance.

• Serve as an independent member of the risk management committee.

• Report significant risk exposures & control issues, including fraud risks, governance issues, and other matters needed or requested by the Board of Directors.

• Coordinate efforts with other controls & monitoring functions (risk management, compliance, security, legal, ethics, environment & external auditors etc.)

• Report audit outcomes to the Board, highlighting control deficiencies and proposing mitigation strategies.

• Work with respective units to conduct risk control self-assessments and collaborate with business units and support units on remedial actions.

• Oversee the preparation of an annual audit risk assessment.

• Ensure strong corporate governance practices are adhered to throughout DCS Card Centre and its subsidiaries.

• Stay abreast of the latest developments in audit standards and regulations to ensure compliance.

• Participate and support ad-hoc projects or special investigations as required.

Job Requirements / Skills and Competencies

• Proven leadership experience in governance and controls within financial institutions, preferably with ACCA qualification or a degree in Accounting/Finance.

• Minimum 7+ years of progressive experience in internal audit, risk management, or assurance roles within banking, finance, or fintech industries.

• Deep understanding of regulatory requirements, risk management principles, and card scheme rules, particularly within the MAS regulatory framework.

• Strong track record in team leadership, development, and coaching in audit environments.

• Familiarity with data analytics, automation tools, and industry best practices.

• Strategic thinker with exceptional analytical, planning, and communication skills.

• Collaborative team player who fosters trust, values diversity, and delivers results.