Manager – Shared Service Audit

Alliance Bank Malaysia Berhad
Full Time

Job Description

Job Responsibilities

  1. Audit Assignment Objective
    • Ensure all assignment activities are carried out with quality work performed in a timely manner.
  2. Audit Planning
    • Gather information about the auditable areas with regard to its management, operating methods and compliance with legislative / regulatory requirements.
    • Review significant developments in the auditee’s activities, operations, environment including changes therein, trends, key performance indicators and personnel.
    • Provide balanced / independent view of potential risks and exposures prevalent in that particular auditable areas.
    • Review the permanent file of the audit assignment, previous internal and external audit reports (where applicable), evaluate reports generated from Computer Assisted Audit
    • Techniques (CAATS) tools (where applicable) and to assess risks contained in the risk profiles to determine potential exposure.
    • Assist in the preparation and development / enhancement of process, risk and controls (PRC) documentation, audit working papers (AWP) and audit programs, where required.
  3. Audit Fieldwork
    • Conduct system and / or operational review and evaluate the soundness, adequacy and efficiency of key processes and controls including ascertaining the extent of compliance with established policies, procedures and statutory requirements.
    • Carry out various data gathering activities and audit procedures / tests based on GIA’s audit methodology to establish the existence of sound, adequate and efficient operating procedures and controls in the identified auditable areas.
    • Document all work done including results and conclusions during fieldwork in the PRC and AWP documents.
    • Analyze audit findings and identify people, process, technology or infrastructure deficiencies / weaknesses and recommend solutions for discussion with the Head, Shared Services Audit Unit (or assignment’s Audit Unit Head) and the relevant Department / Auditee Heads.
    • Ensure that serious findings such as fraud, malpractice or significant losses are reported immediately.
  4. Audit Reporting & Finalization
    • Prepare quality audit findings for auditee’s responses.
    • Review auditee’s responses to audit findings and ensure that appropriate actions had been taken / are being taken for all findings with target date for rectification / resolution.
    • Prepare quality audit reports for review of the Assignment Team Leader / Auditor-in-Charge.
    • Obtain information and / or copies of documentation from the auditee including statistical reports required to be incorporated in the Audit Report
    • Ensure filing of permanent and current audit files with proper cross-referencing for all documents.

Job Requirement

  1. Knowledge
    • Operational risk and controls knowledge, preferably with banking products and operations knowledge.
    • Relevant tertiary or professional certification knowledge in audit / assurance, accounting, finance and business / management areas.
    • Risk management framework and processes.
    • Best practices of audit techniques and up to-date audit practices including that of management audit.
  2. Qualification & Experience
    • Degree or good knowledge in related discipline.
    • Preference with at least 3 years relevant internal audit experience in financial institution, audit firm or business / operations.
    • Preferable with a recognized certification such as CIA and CPA/CA, or equivalent.

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