My client is a industry leading Insurer, and we are looking for a Head of Internal Audit to join the team.
The Head of Internal Audit plays a crucial role in supporting the Internal Audit department to meet its
purpose. The Head of Internal Audit will be playing a key role in shaping the strategic direction of the
IA function, as well as providing operational direction to the Internal Audit team including leading the
audit team in the timely delivery of internal audit activities, taking into consideration the Group's strategic
initiatives, top risks, and emerging risks and industry practices/trends.
Responsibilities:
* Develop the audit plan using an appropriate risk based audit methodology
* Perform risk assessments for the Group to assist in the formulation of a dynamic audit plan responsive to changes in the risk landscape
* Providing leadership and coaching in building high performing team through coaching and mentoring
* Lead the audit team in the delivery of the internal audit activities and achieve high professional standards by adhering to the Audit Methodology
* Promote innovation and the use of data analytics in audits
Requirements:
-At least 12 years of relevant work experience in audit in the financial services industry or
in external audit covering the insurance industry
-Proven track record of building high performing team and leading teams in the timely
delivery of audit activities
-Highly effective communicator with strong ability to collaborate and influence internal and
external stakeholders, and simplify complex messages
-Experienced in liaising with regulators, and handling of regulatory enquiries/requests on
audit related matters
-Strong understanding of MAS Financial Institution regulatory requirements
-Strong ability to identify emerging risks and outstanding analytical skills on risks and
controls, with a balanced commercial mindset
-Good understanding of usage and application of data analytics in audits with proven desired
outcome