VP, Investment Banking and Securities Auditor, Internal Audit Department, Asia Pacific Division

Internal Audit department, Asia Pacific Division (IADAP) of SMBC is responsible for the audits of SMBC units and activities in Asia Pacific region, assessing the adequacy and effectiveness of internal control system, governance, risk management frameworks  , operations and compliance with applicable laws and regulations.

 With the expansion of APAC business and the broadened mandate to include Securities group companies under the parent holding company, Sumitomo Mitsui Financial Group (SMFG), IADAP requires additional staff to execute the audit plan in timely and precise manner.

As Regional Internal Auditor, you will add value and improve the Bank/ Securities Group Company’s operations by bringing an efficient and disciplined approach to the effectiveness of risk management, control, and governance processes of Bank/Group Companies, specifically for investment banking and securities businesses.

You will travel and work closely with cross-functional and other group companies audit teams on a global and regional scale to deliver high-quality audit services. You will have the opportunity to work with the stakeholders to evaluate internal controls and providing recommendations to strengthen these processes.

Responsibilities

• Lead and/or execute audits independently and efficiently, including audit planning, key control evaluation and testing in the areas of, report drafting and issues follow-up and closure. Perform audit activities in accordance with the Bank internal audit methodology.
• Assess the Bank internal control environment with view to provide value-adding recommendations to Management to manage emerging issues or remediate identified weaknesses.
• Apply data analytics to assess the internal control environment.
• Establish and develop good working relationship with Management of assigned Business Units for which candidate has been assigned risk assessment responsibility.
• Contribute to the annual risk assessment exercise by developing good understanding of business strategy, plans, products, processes performance, risks and issues of the assigned Business Units.
• Perform continuous monitoring on assigned Business Units to keep abreast on evolving markets, regulatory, business and operational changes to drive appropriate ongoing audit coverage.
• Participate in Bank’s strategic initiatives / project meeting to promote / enhance the organization's governance and risk culture.
• Participate in the audit department’s strategic initiatives and projects as opportunities arise.

Requirements

• University degree in a relevant discipline such as Finance or Business or CPA certified or equivalent of an internationally recognised accounting body.
• At least 12 years experience in internal or external audit within the financial services or bank-securities industry, preferably experience in Structured Finance/ Project Finance/ Loan and Debt Capital Markets, Fixed Income, Equities sales & trading audits. 
• Familiar with execution of risk-based audit approach
• Strong product knowledge and understanding of risk management frameworks, governance standards, and best practices
• Excellent communication skills, with the ability to present audit findings and recommendations effectively.
• Good interpersonal and stakeholder management skills
• Good team player as well as able to work independently
• Meticulous, disciplined and self-motivated individual with the passion to pursue excellence
• Strong problem-solving skills and attention to detail