Requirement:

• 8 to 10 years of experience in auditing with private banking or asset management background, and with emphasis in regulatory & compliance requirements       
• CIA, CPA or CFE preferred
• Experience in performing financial and operational audits using a risk-based audit approach
• Strong knowledge of accounting, banking, operations, HKMA banking regulations
• Ability to identify and recommend best practices
• Excellent communication and report writing

Responsibilities:

• Conducts risk-based audits and continuous monitoring activities of Bank entities in the region.
• Identifies and assesses potential risks to the business.
• Reviews the adequacy of controls established to ensure compliance with Group Guidelines, Bank General Directives, and other policies, plans, local procedures, and business objectives.
• Assesses the reliability and security of financial and management information and the systems and operations that produce this information; means of safeguarding assets.
• Reviews established procedures and systems and proposing improvements.
• Assists and advises management on the prevention of fraud and defalcation, unethical practices, code of conduct, insider dealing.
• Appraises the use of resources with regard to economy, efficiency and effectiveness.
• Audits the following: KYC due diligence including money laundering controls; services and operations, equities trading platforms, hedge funds, structured products, credit and lending, regulatory compliance, sophisticated financial products.
• Aids in the preparation of reports (including annual risk assessment and development of the annual audit plan) to various levels of management and the Asia Audit and Risk Committee.
• Coordinates activities with the external auditors to facilitate effective communication, avoid duplication or timing conflicts, and achieve optimal cost effectiveness.
• Provides on-going support to the audits of other Asia Region  entities.