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 a Regional Global Markets and Treasury Internal Auditor, you will provide independent assurance over the adeqaucy and effectiveness of governance, risk management and internal controls across the Bank's Global Markets, Treasury and securities-related activities. Through risk-based audits and continuous risk assessment, you will identify emerging risks and provide practical recommendations to strengthen the Bank's control environment.

Job Responsibilities

• Execute risk-based audits covering Global Markets & Treasury and related risk management functions across Asia Pacific and other jurisdictions.
• Assess the adequacy and effectiveness of governance, risk management and internal controls over Global Markets & Treasury front-office and middle-office functions, including activities performed under the Bank-Securities dual-hat operating model.
• Perform in-depth reviews of Global Markets & Treasury activities and associated risk management and control processes, including market risk management, liquidity risk management (including contingency funding plans and funding needs assessments), dealer conduct and trade surveillance, limit monitoring, management information reporting, stress testing and related governance frameworks.
• Utilise data analytics to enhance audit effectiveness and continuous monitoring.
• Provide value-adding, practical and sustainable recommendations to strengthen governance, risk management and control processes, address emerging risks, and enhance the effectiveness of Global Markets & Treasury control environments.
• Develop and maintain effective working relationships with internal and external stakeholders, including senior management of assigned Global Markets & Treasury functions, to support risk assessment, continuous monitoring, audit execution and timely remediation of identified issues.
• Contribute to the annual and ongoing risk assessment process through continuous monitoring of assigned Global Markets & Treasury functions, maintaining an understanding of business strategies, operating models, products, risk profile, control environment and key developments.
• Assess the impact of business, market, regulatory and industry developments on the Bank's Global Markets & Treasury activities, risk profile, control environment and audit coverage.
• Participate in departmental, regional and global audit initiatives, thematic reviews and strategic projects to support the ongoing enhancement of audit coverag and methodology.

Job Requirements

• University degree in a relevant discipline such as Finance or Business or CPA certified or equivalent of an internationally recognised accounting body.
• 10-12 years of internal audit experience in banks, with substantial experience auditing Global Markets & Treasury front-office and middle-office functions.
• Demonstrated ability to lead and execute audits independently, including scoping, risk assessment, testing, issue formulation, report drafting, stakeholder engagement and issue validation.
• Good understanding of Global Markets, Treasury and securities-related business activities, associated risks, control frameworks and governance arrangements, including activities performed under the Bank-Securities operating model.
• Strong understanding and application of risk-based audit methodologies, including evaluating control design and operating effectiveness, and independently leading audit engagements from planning through issue validation.
• Ability to identify emerging risks, conduct ongoing risk assessments, analyse complex issues, determine root causes, and develop practical, sustainable recommendations, taking into consideration business, market, regulatory and macroeconomic developments.
• Analytical, disciplined and detail-oriented, with the ability to exercise sound judgement and maintain high standards of audit quality and professional integrity.
• Strong stakeholder management and communication skills, including the ability to engage and challenge senior stakeholders constructively.
• Excellent written and verbal communication skills in English