OCBC Bank | Head, Professional Practice and Governance Audit

Responsibilities

• In Group Audit, you’ll enjoy a unique perspective across the OCBC Banking Group, gaining insights into diverse functions while driving impactful change.
• Build strong stakeholder relationships, ask the right questions, and challenge assumptions.
• Leverage data analytics and generative artificial intelligence (AI) /agentic AI solutions for sharper insights and stay updated on emerging risks and trends.
• Managing multiple priorities, adapting to complex situations, and maintaining independence are key.
• Drive Group Audit’s strategic agenda by translating the Division’s strategy, innovation priorities and business management objectives into practical governance, methodology, reporting and operating disciplines.
• Establish strategies to ensure that the Professional Practice and Governance team adopts and implements leading practices to aid Group Audit in delivering its mission and vision.
• Develop and maintain the Internal Audit Charter to establish the terms of reference for Group Audit by defining the purpose, authority and responsibility of the internal audit function within OCBC Banking Group.
• Ensure Group Audit’s stature, organisation, strategy and resources are aligned with the OCBC Banking Group’s strategic objectives and corporate governance, and take into consideration changes in stakeholders’ expectations, emerging trends and leading practices in internal auditing.
• Lead, motivate and manage the department to ensure they have sufficient knowledge, skills and experience, and fulfil the key attributes of internal audit profession, i.e. professional ethics, professional competence, due professional care, independence and objectivity.
• Set measurable key performance indicators for audit teams that will enable the Division to meet or exceed its mission and goals.
• Lead by example by modelling OCBC’s desired behaviours, so that staff are inspired to do the same
• Champion a prudent risk and compliance culture that promotes good ethics, accountability and good conduct among staff.
• Develop and maintain audit methodology, standards and practices that are relevant to the Banking Group and take into consideration leading practices in internal auditing.
• Own and maintain Group Audit’s methodology framework, standards, practice guides and related methodology documents.
• Partner audit teams, audit analytics team and strategy & transformation team to develop practice guides, auditing approaches, writing guidance, methodology clinics and digital solutions that improve audit quality, consistency, effectiveness and efficiency.
• Act as process owner for methodology-related digital, automation and AI initiatives within Group Audit, defining requirements and working with audit teams and technology partners to embed improvements in audit quality, governance reporting, knowledge management and workflow efficiency.
• Act as process owner for the audit management platform, covering business requirements, methodology alignment, data quality, workflow design, user adoption, system enhancements and governance over platform changes.
• Drive Group Audit’s methodology learning and capability-building agenda by overseeing training programmes, methodology briefings, audit clinics and knowledge-sharing sessions that strengthen audit quality, consistency, professional competence and adoption of updated practices.
• Monitor the execution of the audit plan, manage it within budget, and report the status and results of executing the audit plan.
• Make necessary changes to the audit plan to address any emerging risks and concerns, regulatory developments or shifts in the OCBC Banking Group’s corporate strategy.
• Report, on periodic basis, any significant issues related to the governance, risk management and internal control processes of the OCBC Banking Group, including potential improvements to the processes, and provide information concerning such issues through to resolution.
• Provide, at least annually, a report on the state of internal controls by assessing the adequacy and effectiveness of the OCBC Banking Group’s governance, risk management and internal control processes.
• Develop, track and report Group Audit’s Key Performance Indicators and Objectives and Key Results.
• Oversee management information, dashboards and analytics/AI-enabled reporting to provide timely insights into audit plan delivery, audit outcomes, issue trends, root causes, key risk themes and performance measures.
• Prepare and propose an annual audit plan, financial budget and key performance indicators for review by the CEO and approval by the Audit Committee.

Qualifications

• Minimum of 10 years of experience in an internal audit role, in financial services, preferably in Professional Practices, Audit Methodology, Quality Assurance, Planning and Governance Reporting.
• Excellent communication and interpersonal skills.
• Ability to build and maintain strong relationships with stakeholders at all levels of the organisation.
• Strong analytical and problem-solving skills.
• Strong experience in audit methodology, audit planning, regulatory reporting, Audit Committee reporting, quality assurance, risk culture, data analytics and audit transformation initiatives.

OCBC Bank

OCBC Bank is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Ocbc Singapore and Bos Singapore.

• Industry: BFSI / Investments / Insurance