Wholesale Banking Internal Auditor - (9 months contract)

Experience Level: 6–8 years of relevant experience in internal audit, risk, compliance, or control functions within banking or financial services.

Role Overview: The Internal Auditor will be responsible for executing risk-based audits across Wholesale Banking activities, providing independent assurance over governance, risk management, internal controls, regulatory compliance, and operational effectiveness. The role will cover areas such as corporate and institutional lending, trade finance, cash management, transaction banking, client onboarding, credit risk controls, portfolio monitoring, operations, financial crime controls, and related support functions.

Key Responsibilities

• Execute risk-based internal audits covering Wholesale Banking businesses, products, processes, and controls.
• Assess the adequacy and effectiveness of internal controls, risk management practices, governance arrangements, and compliance with internal policies and regulatory requirements.
• Review key Wholesale Banking areas including credit approval and monitoring, loan documentation, trade finance, cash management, client onboarding, KYC/AML controls, transaction banking, operational risk, booking models, collateral management, and limit monitoring.
• Perform audit fieldwork, testing, walkthroughs, data analysis, issue validation, and documentation in line with internal audit methodology and quality standards.
• Identify control weaknesses, root causes, emerging risks, and process improvement opportunities, and develop practical recommendations with management.
• Prepare clear and concise audit reports, including risk-rated findings, agreed management actions, and target completion timelines.
• Engage with business stakeholders, risk owners, compliance, operations, technology, and other control functions to understand processes and validate audit observations.
• Track and validate remediation of audit issues, ensuring actions are completed effectively and within agreed timelines.
• Support audit planning through risk assessments, thematic reviews, regulatory change analysis, and identification of emerging risks across Wholesale Banking.
• Contribute to continuous improvement of audit approaches, including use of data analytics, control testing enhancements, and knowledge sharing within the audit team.

Requirements

• 6–8 years of experience in internal audit, external audit, risk management, compliance, or internal controls within banking or financial services.
• Strong understanding of Wholesale Banking products and processes, including corporate and institutional lending, syndicated lending, trade finance, cash management, transaction banking, client lifecycle management, credit risk controls, collateral management, and operational processes.
• Good knowledge of banking regulations, risk management principles, internal control frameworks, audit methodology, and governance expectations.
• Experience executing audits independently, including planning, scoping, fieldwork, testing, issue drafting, stakeholder discussions, and report preparation.
• Ability to assess control design and operating effectiveness, identify root causes, and propose commercially practical remediation actions.
• Strong analytical, problem-solving, communication, and report-writing skills.
• Ability to manage multiple audit assignments and stakeholders while meeting deadlines and maintaining quality standards.
• High level of integrity, professional skepticism, attention to detail, and sound judgment.
• Bachelor’s degree in Accounting, Finance, Business, Economics, Risk Management, or a related discipline.

Preferred Qualifications

• Professional certification such as CIA, CPA, CA,ACCA, CFA, FRM, or equivalent.
• Prior audit coverage of Wholesale Banking,Corporate and Institutional Banking, Global Banking, Credit Risk, TradeFinance, Cash Management, or Transaction Banking.
• Experience in data analytics, continuousauditing, audit automation, or use of audit management tools.
• Familiarity with regulatory expectations inmajor financial centres, including Singapore, Hong Kong, the UK, EU, or USbanking environments.
• Experience working in a regional or globalbanking environment with cross-border stakeholders.

Key Competencies

• Risk-based thinking and strong control mindset.
• Clear written and verbal communication.
• Stakeholder management and influencing skills.
• Independence, objectivity, and professional skepticism.
• Strong execution discipline and ownership.
• Curiosity, adaptability, and willingness to challenge constructively.