JOB PROFILE

Position: Audit & Risk Executive
Work Location: Subang Jaya
Employment Type: Permanent

Roles and Responsibilities

Internal Audit

• Develop and execute a comprehensive internal audit plan to evaluate the organization’s financial, operational, and compliance processes.
• Lead and manage a team of internal auditors to ensure the timely completion of audit projects and adherence to professional standards.
• Provide guidance and mentorship to internal auditors, fostering a culture of continuous learning and professional development.

Risk Management

• Conduct risk assessments to identify potential risks and vulnerabilities across the organization.
• Develop and implement risk management strategies and frameworks to mitigate identified risks effectively.
• Monitor and review the effectiveness of risk mitigation measures and recommend improvements as necessary.

Compliance and Governance

• Ensure compliance with relevant laws, regulations, and internal policies.
• Develop and comprehensively understand applicable regulatory requirements and industry best practices.
• Provide guidance and support in implementing effective governance processes.

Process Improvement

• Evaluate the efficiency and effectiveness of internal processes and controls, identifying areas for improvement.
• Recommend and implement process enhancements to enhance operational efficiency, reduce risks, and strengthen internal controls.
• Collaborate with cross-functional teams to streamline processes and drive continuous improvement initiatives.

Reporting and Communication

• Prepare and present clear, concise, and accurate audit reports to the team, management, and ARMC’s members.
• Communicate audit findings, recommendations, and risk assessments to stakeholders, ensuring effective understanding and follow-up.
• Foster open and transparent communication with key stakeholders to promote a strong risk management and internal control culture.

Stakeholder Engagement

• Collaborate with management and other departments to promote effective risk management practices and internal controls.
• Build strong relationships with external auditors, regulators, and other relevant stakeholders to facilitate information sharing and cooperation.

Professional Development

• Stay updated on emerging trends, regulations, and best practices in internal audit and risk management.
• Participate in professional development activities, such as training programs, industry conferences, and certifications.
• Share knowledge and best practices with the internal audit team, promoting a culture of continuous improvement.

Requirements

• Candidate must possess at least a Degree in Accounting / Finance / Banking or equivalent.
• At least 5 years of related working experience and equipped with the fundamentals of Internal or External Auditing or Risk Management and Compliance field.
• Excellent knowledge and understanding in Corporate Governance, Internal Control and ISO.
• A member of the The Institution of Internal Auditors is an added advantage.
• Possess strong analytical and communication skills.
• Good problem-solving skills i.e.: ability to visualize a problem or situation and can think out of the box in solving it.
• Capable of handling complicated auditing issues and able to work under pressure.