AVP/VP, Multi-Franchise Strategy, Internal Audit Department

As a member of IADAP, your role is to support IADAP Management for effective oversight of internal audit activitiesand risk management for the group companies of SMFG/SMBC covered by IADAP. You will collaborate with internal audit counterparts and senior leadership to review and monitor theinternal audit teams of group companies, ensuring they operate within SMFG/SMBC's framework, methodologies, and quality standards. Your responsibilities also include supporting risk-based supervision, enhancing audit collaboration across entities, and promoting knowledge sharing to enhance control,compliance, and risk management throughout the organization.

Responsibilities

Act as a central point of contact for group companies on audit-related matters, coordinate pre-consultations /approvals by IADAP for appointment of internal audit key personnel, updates to audit charters, policies, audit methodologies, and ensuring timely reporting and escalation of significant issues to senior management.

• Reviews risk assessment and annual audit plans of group companies to verify alignment with the SMFG/SMBC risk andaudit standards. Ensure high-risk areas across the group rectimely and adequate audit attention, particularly in response tregulatory or business environment changes.
• Oversee quality assurance activities for local audit function including guidance on development and implementation of corrective action plans for external quality assurance finding where necessary.
• Provide guidance and training to group company auditors on SMBC’s audit methodology, risk assessment processes. Provide advisory and direct oversight for group companies without an internal audit function.
• Maybe require to conduct or participate in joint audits for controlled and non-controlled entities as per IADAP framework requirements, explore opportunity for collaboration amonginternal audit teams across entities. Promote knowledge share consistent understanding and application of audit best practice across entities.
• Contribute to the development of strategic initiatives for internal audit within the group, supporting innovation in audit processes and technology adoption.
• Engage and coordinate in IADAP periodic meetings with local audit management, local senior management, Audit Committee. Maintain up-to-date knowledge of regulatory requirements impacting the bank and non-bank group companies.
• Monitor regulatory compliance reports and track remediation of issues identified by external or regulatory audits.
• Prepare and present regular audit oversight reports to senmanagement / stakeholders, summarizing audit coverage, key findings, and issues across group companies.

Requirements

• CPA certified or equivalent of an internationally recognised accounting body. Certification in internal auditing is a plus.
• Minimum of 8 years of experience in internal audit is requideally within financial institutions. Candidates should have expertise in consumer and retail banking, as well as governance and risk management audits, specifically in areas of expertise such as retail banking, multi-financing, securities, and asset management.
• Strong knowledge of audit standards, governance, management, and regulatory requirements.
• Excellent communication, analytical, and problem-solving skills.
• Excellent interpersonal and stakeholder management skill.
• Meticulous, disciplined and self-motivated individual with passion to pursue excellence.
• Willingness to travel within the Asia region for audits and supervisory activities.