VP/ED, Senior Audit Manager, Global Wholesale Banking Audit

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OCBC (Singapore)
Singapore
SGD 80,000 - 100,000
Be among the first applicants.
7 days ago
Job description

You will be part of the Global Wholesale Banking Audit within the Group Audit function. You will participate in audit activities related to the wholesale banking credit portfolios within the Bank and play a critical role in evaluating the effectiveness of internal controls, risk management practices, and compliance with regulatory requirements. Your expertise will contribute to the continuous improvement of internal processes and the identification of potential risks and control weaknesses.

Reporting to the Head of Wholesale Lending Audit, you will work with a team of internal auditors in the planning, scoping, and execution of audits related to wholesale banking activities. You will evaluate the adequacy of internal controls related to the wholesale banking portfolios and manage the preparation of audit findings, recommendations, and reports to Senior Management and audit clients.

Responsibilities include:

  • Leading and conducting credit risk audits of the various wholesale credit portfolios in the Bank, in accordance with Group Audit's standards and key performance indicators.
  • Evaluating the adequacy and effectiveness of internal controls related to wholesale banking, including credit underwriting, loan origination, portfolio management, problem recognition and remedial management, as well as risk mitigation strategies.
  • Providing value-added opinions and recommendations to improve the design and effectiveness of internal controls.
  • Reviewing and assessing the appropriateness of audit issues, recommendations, and management responses, as well as adequacy of evidence for closure of management action plans.
  • Working with a team of auditors to ensure that assigned audit engagements are completed and delivered on time.
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