Overview
Wholesale Banking & Consumer Lending Audit
Description
Why Join
You will directly contribute to the integrity and efficiency of banking operations, helping to identify risks and enhance operational effectiveness. You will have the chance to refine and expand your auditing skills, including risk assessment, compliance, and operational efficiency, which are highly valued in the industry. You will play a key role in shaping audit strategies and methodologies, allowing you to influence the direction of the audit function within the organization.
How you succeed
- You would possess strong analytical skills, attention to detail, and the ability to maintain balanced risk-reward perspectives.
- You will be able to interact with people at various levels, work in a team context and step up in a lead role in various assignments.
What you do
Manage and conduct operations audits of the various wholesale portfolios in the bank, in accordance with Group Audit’s standards and key performance indicators. The audit coverage includes credit operations, the operational and regulatory processes of wholesale banking, including the international branches. Work with a team of auditors to ensure that assigned audit engagements are completed and delivered on time, meet budget and the required standards. Provide value-added opinions and recommendations to improve the design and effectiveness of internal controls. Review and assess the appropriateness of audit observations, recommendations, and management responses. Assess the adequacy of evidence for closure of audit issues. Participate in cross-functional audits and ad-hoc audit projects.
Who you work with
Group Audit is all about oversight. Gaining experience of the bank in its entirety. Gathering insight. Building Risk and Controls expertise. Advising leadership. You might join us in Regulatory Capital Audit, Credit Risk Review, Investigation, Audit Methodology & Standards or Programme Management Office. But wherever you are, your work with clients from around the world drives innovation and makes audit an artform.
Qualifications
Who you are
You will have good written and oral communication skills. You will have a high level of initiative and drive; able to execute audits independently. You will be able to travel for overseas audit assignments. Preferably, you would be familiar with the credit operations processes in wholesale banking and anti-money laundering compliance framework. Prior auditing experience is desirable, but not mandatory.
Who we are
Singapore’s longest established bank, we’ve been helping people and businesses get what they want from life since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, the entire focus of our organisation remains to be Simply Spot On. In everything we do.
And so whether you want innovate needs-based financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
What we offer
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Primary Location
: Singapore
Job
: Audit
Organization
: Wholesale Banking & Consumer Lending Audit
Schedule
: Permanent
Job Posting
: 07-Nov-2024, 6:46:30 AM
About OCBC Bank
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
