Head of Credit Audit

Your new company

My client is looking for a Head of Credit Audit to join the Singapore office and head up the Credit Audit department.

Your new role

Ensure the adequacy and effectiveness of credit management across the credit lifecycle-including origination & underwriting, approval, post-approval monitoring, and recovery-covering key business segments such as retail, non-retail, and private wealth credit. Provide assurance on the adequacy and effectiveness of Internal Ratings Based Approach (IRBA) and IFRS 9 models in relation to Capital Charge Computation (Pillar-1), Internal Capital Adequacy Assessment Process (Pillar-2), and Credit Risk Disclosures (Pillar-3), in compliance with MAS and IFRS 9 requirements. Develop a risk-based annual audit plan for credit-related business audits, including retail, non-retail, and private wealth credit, while addressing MAS Notice 637 requirements on risk-based capital adequacy (Pillars 1, 2, & 3). Implement and execute the annual audit plan within the bank. Provide guidance and oversight for Corporate Banking-related audits across the region.

What you'll need to succeed

• Bachelor's Degree in Accountancy/ Banking & Finance/ Business/ Computer related
• Minimum 20 years of Credit experience where exposure to corporate lending is key, be it in the capacity of a Credit or Audit professional, from major banks and/or financial institutions, which must include 10 years of proven audit leadership in managing a full-fledged Credit audit team with direct reports
• Must have been accountable for reporting to Audit Committee and audit-relationship management with regulatory authorities
• Sound knowledge of banking in credit risk-lending and credit risk models, credit risk management, credit operations and credit related regulatory requirements
• Knowledge of Islamic banking is an added advantage
• Sound leadership and interpersonal skills for effective cross-functional and multi-level relationship building & engagement within the organisation

What you need to do now
If you or someone you may know may be interested in this opportunity, please do contact me on the details below for more information or drop over an updated CV to my email at
[email protected]

Alternatively, if this job opportunity is not relevant to you, feel free to share your updated CV to have a confidential discussion on the relevant openings based on your skill sets and expertise.
At Hays, we value diversity and are passionate about placing people in a role where they can flourish and succeed. We actively encourage people from diverse backgrounds to apply.

EA Reg Number: R23118004
EA Licence Number: 07C3924
Company Registration No: 200609504D