Head of Head Office Operations Audit

Prepare the annual risk-based audit plan for approval by the Board Audit Committee and ensure timely completion of the approved audit plan.

• Plan, implement and manage the execution of risk-based audit assignments and assessment of risks associated to the business and functional units in the RHB Banking Group
• Review the internal controls to assess the integrity, adequacy and effectiveness in mitigating / managing the risks inherent to / associated with the RHB Banking Group’s operations
• Ensure adequate and effective auditing to provide an independent, objective assurance and consulting activities designed to add value, safeguard company’s asset, minimize opportunity for error and fraud and improve the overall operations of the Group
• Plan and oversee the audits of the Business / Functional Units of the RHB Banking Group to ensure all agreed audit objectives are met as planned with adequate scope / coverage and that each audit assignment is efficiently completed within the budgeted time, resource and cost with proper documentation
• Communicate audit findings to the Heads of Strategic Business Group (SBG) / Strategic Functional Group (SFG) / Business Group (BG) / Functional Group (FG) / Business Area (BA) / Functional Area (FA) / Sections, obtaining their agreement on root cause of the issues and their commitment to implement the audit recommendations
• Participate in RHB Banking Group’s projects in a consultative manner to ensure that adequate internal controls are considered and implemented
• Engage in the review of products, project, policies and processes to assess the inherent risks and provide value-added enhancements through recommending the key controls required
• Lead / support special review, ad-hoc assignments, investigation and specific assignments on fraud / irregularities / lapses as directed by the Management, GCIA, FG Head, BAC and BODs within the allocated time, resources and cost
• Liaise with BNM, relevant regulatory bodies and external auditors on internal controls and risk management issues
• Review and concur with the updates made to the audit programs from time to time
• Train, coach, motivate and provide guidance to the staff and assess their performance
• Review and sign-off audit reports together with FG Heads and GCIA
• Prepare manpower, Capex and Opex budgets to be submitted to FG Heads and GCIA for their concurrence and onward recommendation to the Management for the BODs’ approval
• Attend end-of-audit discussion with auditees
• Nominate staff for training courses with auditees
• Follow up on outstanding audit findings for reporting to MAC
• Present reports to MAC, BAC, and / or other committees, as and when required
• Attend to ad-hoc instructions from the Management, GCIA, FGH, BAC and the Board of Directors
• Make recommendation for relevant staffing and recruitment to ensure adequate manpower to carry out audit plans
• Assign administrative tasks and internal reporting to the team, and review the deliverables to ensure timely and accurate completion for FG Head and / or GCIA review, where applicable

The RHB Banking Group is the fourth largest fully integrated financial services group in Malaysia. The Group’s core businesses are streamlined into seven main business pillars, namely Group Retail Banking, Group Business & Transaction Banking, Group Wholesale Banking, Singapore Business Operations, Group Shariah Business, Group International Business and Group Insurance.

Group Wholesale Banking comprises Corporate Banking, Investment Banking, Client Coverage, Group Treasury & Global Markets, Asset Management and Private Equity. All the seven business pillars are offered through the Group’s main subsidiaries, RHB Investment Bank Berhad, RHB Islamic Bank Berhad and RHB Insurance Berhad, while its asset management and unit trust businesses are undertaken by RHB Asset Management Sdn. Bhd. and RHB Islamic International Asset Management Berhad.

The Group’s regional presence now spans ten countries including Malaysia, Singapore, Indonesia, Thailand, Brunei, Cambodia, Hong Kong, Vietnam, Lao PDR and Myanmar. It is RHB Banking Group’s aspiration to continue to deliver superior customer experience and shareholder value; and to be recognised as a Leading Multinational Financial Services Group.

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