About the role

AI summarised

The VP, Professional Practices and Governance, Group Audit is a senior leadership role within a major bank, responsible for overseeing audit methodology, quality assurance, and regulatory compliance across the group audit function. The role involves driving best practices, managing stakeholder relationships, and leading a team to ensure audit effectiveness and adherence to professional standards.

BusinessFull-timeGeneral

Key Responsibilities

Develop and maintain the Group Audit methodology, policies, and procedures in line with professional standards and regulatory requirements.
Lead the quality assurance and improvement program (QAIP) to ensure audit engagements meet quality standards.
Provide guidance and advisory support to audit teams on complex audit issues and methodology.
Monitor and assess emerging regulatory changes and industry trends to update audit practices accordingly.
Prepare and present audit committee and board reports on audit quality, methodology, and governance matters.
Coordinate with external auditors, regulators, and other assurance providers to optimize audit coverage.
Drive continuous improvement initiatives within the audit function, including the use of data analytics and technology.
Manage and develop a team of audit professionals, fostering a culture of excellence and continuous learning.

Requirements

Minimum 15 years of experience in internal audit, risk management, or related fields within the financial services industry.
Bachelor's degree in Accounting, Finance, Business, or a related field.
Professional certifications such as CIA, CPA, or CISA are required.
Deep knowledge of audit methodologies, risk assessment frameworks, and regulatory requirements (e.g., MAS, Basel, SOX).
Strong leadership and people management skills with experience leading teams.
Excellent communication and stakeholder management skills, with the ability to influence senior management.
Proven track record in driving audit quality and governance improvements.
Experience with data analytics tools and audit technology is preferred.
Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
Strong analytical and problem-solving skills.