Vice President, Corporate Audit, Malaysia

Bank of America

3.2

(115)

Kuala Lumpur, Malaysia

Why you should apply for a job to Bank of America:

  • 56% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-26003867

    Position summary

    can build a successful career with opportunities to learn, grow, and make an impact. Join us!

    Job Description:

    As a member of the APAC Corporate Audit team this is unique opportunity to work within a collaborative and diverse team covering Banking, Operations and Credit, with teammates across APAC and the Globe. This role is expected to effectively manage Malaysia governance and regulatory relationships and matters in conjunction with regional manager, representing the Audit team in local management meetings. In addition to country responsibilities, the individual is expected to support the completion of the audit plan, both locally as well as regional/global audits.

    Responsibilities:

    We expect the individual to work as an individual contributor to conduct testing independently and with the opportunity to lead audits. In particular:

    • Lead/assist to develop an audit plan (e.g. audit scope, audit test plans) based on detailed evaluation of process/business risks and controls.

    • Perform and document the execution of specific audit procedures as defined by the projects' objectives and planned audit approach.

    • Communicate audit results to impacted stakeholders in an accurate, timely and professional manner to guide the issue acceptance and resolution process.

    • Assist with drafting quality and timely audit reports supporting audit opinions and to share results with audit and business leaders.

    Manage the local internal audit function in accordance with local regulatory requirements, and in conjunction with regional manager including:

    • Managing the annual local audit plan, including working with regional audit team to ensure plan delivery.

    • Ensuring timely and accurate local regulatory submissions.

    • Maintain local risk assessments.

    • Maintain ongoing development training and meeting the minimum required training hours.

    • Review and reassess local Audit Charter and policies periodically.

    Demonstrate competence and intellectual curiosity. Stay informed of current economic developments, local regulations, risk, processes, and controls relevant to banking.

    Exercise critical and out of box thinking, analytical skills and professional judgment to influence business partners, senior business managers and peers. Help business partners to balance their business strategy with appropriate risk management controls.

    Skills:

    Education:

    • Bachelors' Degree preferably in accounting, finance or related field.

    • Local certification (Bank Audit Practices (BKA)/ Chartered Banker) and professional audit, accounting or risk certifications (e.g. CA, CPA, CIA, ACAMS , FRMS) will be a plus.

    Work experience:

    • At least 10-15 years of relevant work experience, with focus on audit (internal audit or external audit with Big 4 firms). Exceptional mid-career change candidates with no audit experience will be considered.

    Knowledge:

    • Strong business acumen and sound knowledge of banking business process flow, internal controls, products and local regulatory requirements.

    • Knowledge of two or more of the following lines of businesses will be advantageous:

      • Corporate banking, transaction services, banking operations, credit or anti-money laundering
    • Intermediate analytical / automation skills (e.g. Alteryx, Python, SQL) a plus

    Language:

    • Fluent in English (speaking and business writing)
    • Fluency in a 2nd language a plus

    Why you should apply for a job to Bank of America:

  • 56% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.