Job description
Business Function:
Audit helps the Board and Executive Management meet the strategic and operational objectives of the DBS Group. We conduct independent checks to ensure that the Group s risk and control processes are adequate and effective. All our team members are highly sought-after professionals who work as trusted advisors to our clients, in all matters related to a company s internal controls.
Responsibilities:
- Conduct end-to-end audits of Credit Processes and Global Transactions Services (Trade, Cash & Securities and Fiduciary Services) risk, product and processes.
- Evaluate the design and operating effectiveness of processes and controls and develop appropriate tests to be conducted and ascertain the level of testing of controls required
- Effective execution audit fieldwork for assigned areas in depth testing, data analytics where applicable
- Escalate issues appropriately and timely. Ensure concise and clear audit findings and reports are presented on a timely basis.
- Keep abreast on the development of regulatory, industry and product development through continuous monitoring and auditing.
Requirements:
- candicates must have at least 12+ years of relevant auditing experience in areas of Corporate Credit Processes and /or Trade (LC, BG, Imports, Exports etc) processes
- Strong knowledge on Credit and Trade Products is a must.
- Knowledge of cash management, payments and custodial services related operations, regulatory requirements and compliance practices (including FEMA and AML)is an added advantage.
- Reasonable knowledge in Corporate Banking application controls is required. Candidate that can demonstrate auditing knowledge in Corporate banking context will be an added advantage.
- Should be IT savvy - Knowledge of APIs and data analytics, experience of risk-based auditing and clearly understand the relationship between IT risk and underlying business risk would be beneficial.
- KYC/AML
- Working knowledge of core banking (e.g. Finacle), SWIFT and Digital payment systems will be preferred.
Qualification:
- CA/full time MBA, Finance from an accredited college or university
- Professional/industry recognized qualifications e.g. ACAMS, CDCS, CFE are highly beneficial.
Other Skills (Mandatory):
- Candidate must have excellent written and verbal communication skills in English, can communicate with clarity, both orally and in writing, in a logical order and with a structured approach.
- Ability to multi-task assignments, prioritize workload with limited supervision and be resilient under pressure when faced with tight deadlines.
