VP, Internal Audit, Corporate Bank

A leading corporate bank is hiring a VP for their internal audit team Company Overview:


My client is a leading corporate bank with a strong presence in Hong Kong. We are currently seeking a highly skilled and experienced professional to join our team as a Vice President, Internal Audit. This is an excellent opportunity to contribute to the success and growth of our organisation while ensuring compliance with regulatory requirements and best practices.


Job Summary:


As the Vice President of Internal Audit, you will be responsible for leading and executing internal audit activities related to Compliance, Credit, Capital Markets and Treasury Operations. You will conduct thorough assessments of processes, controls, and risk management practices to provide independent assurance to senior management and the Audit Committee. The role requires in-depth knowledge of capital market products, regulations, and industry practices.


Key Responsibilities:


- Develop and execute risk-based audit plans, covering trading activities, derivatives, fixed-income, equities, and other relevant areas.


- Conduct comprehensive audits to evaluate the effectiveness of internal controls, risk management practices, and compliance with regulatory requirements.


- Identify control weaknesses, operational inefficiencies, and potential risks, and provide practical recommendations for improvement.


- Stay updated with industry trends, regulatory changes, and emerging risks related to Capital Markets, ensuring audit activities remain relevant and effective.


- Collaborate with stakeholders across the organisation, including front-office, risk management, and compliance, to ensure alignment and cooperation in managing risks.


- Prepare clear and concise audit reports that highlight findings, recommendations, and management action plans.


- Monitor the implementation of audit recommendations and provide guidance and support to management in their remediation efforts.


- Build and maintain effective relationships with key stakeholders, fostering a culture of collaboration, trust, and transparency.


Qualifications and Requirements:


- Bachelor's degree in Finance, Accounting, or a related field. Professional certifications such as CIA, CFA, or FRM are highly desirable.


- Significant experience in internal audit within the banking industry, with a focus on Capital Markets products and operations.


- Thorough knowledge of capital market products, trading activities, risk management practices, and related regulatory requirements.


- Strong understanding of internal control frameworks, audit methodologies, and best practices in the financial services industry.


- Excellent analytical skills, with the ability to identify and evaluate potential risks and control deficiencies.


- Strong communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels of the organisation.


- Demonstrated leadership abilities, with experience in managing and developing a team of audit professionals.


- Independent, proactive, and capable of working under pressure to meet deadlines.


- Fluency in English; proficiency in Cantonese or Mandarin is highly advantageous.


What you'll get in return
You will be offered with a monthly package ranging from HKD 50,000 to HKD 70,000 along with a comprehensive employee benefit package. This is a terrific opportunity for any audit professionals to take part in a regional audit position with great team and company culture and career progression. What you need to do now
If you're interested in this role or any other accounting, finance and internal audit opportunities in the banking and financial services industry, please send your CV in Microsoft Word format to