Primary Objective:
Assist the Head of Internal Audit in discharging its responsibilities by performing independent review to ensure :-
• Soundness and adequacy of governance, risk management and internal control system
• Compliance with statutory and regulatory requirements as well as internal policies and guidelines.
• Coordinate and supervise audit assignments to ensure timely completion and efficient execution.
• Provides consultative role in review of proposal papers for development of new and variation to the existing Islamic banking products & services as well as new and enhancement of framework, policies and guidelines to ensure the necessary control features are incorporated.
Key Responsibilities:
- Coordinate annual risk assessment exercise of all the operating units under the purview of this section for establishment of annual audit plan.
- Plan and supervise the execution of risk-based audits as per annual audit plan established.
- Review audit scopes and audit programs for execution by audit team to ensure audit objectives are met with adequate coverage.
- Review draft audit findings and works performed by audit team to ensure issues raised are appropriate and valid for audit discussion.
- Attend audit exit discussion with the respective Head of BG/FG & BA/FA to discuss audit issues as well as recommendations to improve system of internal control
- Review and finalize audit reports for sign off by Head of Internal Audit and Functional Group Head, RHB Bank Singapore
- To provides value-added service through recommending the key controls required in review of proposals for new and variation to existing Islamic products and services, new and enhancement to existing policies and guidelines.
- Train, coach, motivate and provide guidance to the staff in the section.
- Assist Head of Internal Audit in supervising and ensuring smooth operations of IAD
