As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Assist Group Functional Head, Group Portfolio Lead, and HoD in the delivery of his/her role and responsibilities, and to manage the assigned audits to ensure that individual audits are delivered on time, on budget, to the required standards and to provide value to the Bank.
What you will be doing:
Assist HoD to prepare the audit plan and monitor the progress/ achievement of the audit plan.
Assist HoD to develop and maintain: 1) Audit methodology and procedures to provide independent assurance of the control processes in the following business activities: Consumer credit risk management; Consumer loans operations; Consumer banking and wealth management activities of various products (e.g. deposit, investment, insurance) and channels (e.g. branches, phone, internet / mobile banking) under Consumer Financial Services; and AML/CFT activities relating to natural persons; and 2) Knowledge of leading practices and activities relevant to assigned audit portfolios.
Lead/Participate in the audit process and procedures to provide independent assessment of consumer banking (including consumer lending) and wealth management business, and evaluate the governance framework, risk management, regulatory compliance processes and internal controls systems over the above business activities.
Lead/Participate in the handling of special assignments (e.g. investigations, advisory and other ad-hoc/special projects).
Work in conjunction with business/support units and assist HoD to: Keep abreast of emerging risks/concerns; Maintain a good working relationship to enforce the role of IAD as an independent partner to build trust and transparency; Monitor changes in risk management and/or all major new developments; and Monitor the implementation and progress of audit recommendations.
Work with HoD and other internal auditors to achieve the most efficient and effective working practices for IAD.
Assist HoD to build and develop a team of internal auditors to manage and execute audit engagements with at least the following skills: Project management and data analytics skills; Subject matter expert on audit framework and methodology; Subject matter expert on consumer banking and wealth management business and selected business/support units; and Ability to identify critical issues and improvement opportunities.
Establish and implement career management as well as development plans.
Assist HoD in the engagement with key stakeholders, which include line/senior management, external auditors and regulators.
Make use of data analytics skill to improve the audit effectiveness and efficiency for audit engagements.
What we are looking for:
Bachelor’s degree
CIA, CPA or equivalent qualification is required
Minimum 12 years of experience in auditing or other risk control functions, preferably in financial industry. Candidates with fewer years of experience may be considered as AVP
Sound knowledge of consumer banking (including consumer lending) and wealth management activities, and AML/CFT
Sound knowledge of control requirements of banking industry and external applicable rules and regulations
Strong data analytical skill, sound knowledge of Python, PowerBI or other data analytics / GenAI tool is preferred
Good command of English (Oral & Written)
Strong in report writing
Strong leadership, analytical, organizational and communication skills
Strong people management skill
Dynamic and good interpersonal skill
Ability to interact well with senior management, external stakeholders and regulators
High level of integrity and drive, and ability to work under pressure
Ability to multi-task and possesses strong time management skill
Detail/technical oriented with ability to decipher ‘big picture issues’
Strong sense of risk governance & control
Excellent problem-solving skill
Willing to travel for audit assignments
ECF - AML/CFT and Green & Sustainable Finance at Core level is preferred
#LI-GT1
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
