Finance

Responsibilities:

• Develop and execute financial and operational audits according to the approved annual audit plan, using a risk-focused approach.

• Create accurate workpaper documentation in line with Group Internal Audit standards.

• Recommend improvements to departmental practices related to systems, processes, or documentation.

• Design and implement tailored data analytics techniques for specific projects.

• Ensure timely project completion within allocated budgets.

• Identify control deficiencies and offer insightful recommendations for process improvements.

• Communicate audit findings to local management through closing meetings after fieldwork reviews.

• Evaluate the effectiveness and efficiency of financial and operational processes and related internal controls, ensuring compliance with the Group's corporate governance framework.

• Prepare audit reports outlining issues, risks, and recommendations.

• Undertake ad hoc tasks and special projects/reviews as necessary.

• Develop, implement, and maintain a comprehensive compliance program to ensure adherence to applicable laws, regulations, and industry standards, including MAS regulations, Payment Services Act (PSA), and Anti-Money Laundering (AML) requirements.

• Conduct regular compliance risk assessments and gap analyses to identify potential areas of non-compliance and develop mitigation strategies and action plans.

• Monitor changes in regulatory requirements and industry trends, and assess the impact on our business operations, products, and services.

• Develop and implement policies, procedures, and controls to mitigate compliance risks and ensure effective compliance management across the organization.

• Provide guidance and training to employees on compliance-related matters, including AML/CFT (Counter Financing of Terrorism) requirements, customer due diligence (CDD), and transaction monitoring.

• Manage compliance-related investigations, incidents, and breaches, and ensure timely reporting and resolution in accordance with internal policies and regulatory requirements.

• Collaborate with internal stakeholders, including legal, risk management, and internal audit, to address compliance issues and implement corrective actions as necessary.

• Serve as the primary point of contact for regulatory inquiries, examinations, and audits, and ensure timely and accurate responses to regulatory authorities.

• Prepare and submit regulatory filings, reports, and disclosures as required by MAS and other relevant regulatory agencies.

• Stay abreast of regulatory developments, industry best practices, and emerging risks, and provide proactive advice and recommendations to senior management to support informed decision-making.

This item is connected to a text field in your database. Double click the dataset icon to add your own content. Click the Data icon to manage collections.