Assistant Manager, Internal Audit at NTUC INCOME INSURANCE COOPERATIVE LIMITED

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

20 Sep, 26

Salary

0.0

Posted On

22 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Internal Audit, Risk-Based Audit Planning, Control Testing, Audit Reporting, Remediation Management, Data Analytics, Agile Auditing, Stakeholder Management, Financial Sector Auditing, Analytical Thinking, Project Management, Regulatory Compliance

Industry

Insurance

Description

Our Internal Audit team is an independent, objective team providing assurance and consulting activities that is guided by the philosophy of adding value to improve the operations of the organisation. You will be involved in planning and leading internal audit projects as defined in the risk-based Audit Plan. This will include planning the individual audit engagement, designing and testing the control, presenting the audit findings, writing the audit reports and follow-up on remediation. Your key accountabilities will include: * Ensure that audits are completed in a timely and efficient manner in accordance with standards established by industry best practices and the relevant risk and regulatory environment * Evaluate internal control design and operating effectiveness, adherence to sales advisory process and manage remediation activities * Communicate root causes of identified issues, associated risks, on the current and future business model and operating environment and include recommendations and action plans for improvements in business processes * Build strong relationship with 1st and 2nd line of defence to identify potential red flags and ensure that insights to emerging risk and controls are identified and managed * Manage 3rd party audit support team/ resources where applicable * Participate in major business initiatives, and pro-actively advise and assist the business on change initiatives Qualifications * Degree in Accountancy, Business or finance related field or recognized professional qualification i.e. Association of Chartered Accountants (ACA), Association of Chartered Certified Accountants (ACCA) * Minimum 6 years of audit working experience and above * Prior experiences in internal or external audits in financial sectors (including sales advisory process, insurance and investment) and/or with data analytics experience * Candidates with Certified Internal Auditor (CIA) certification, Actuarial qualifications or equivalent will be of added advantage * Good knowledge of internal audit methodologies, audit projects management including agile auditing, risks and controls * Good written and verbal communication skills, and able to engage senior management * Collaborator and team player who is motivated, demonstrate analytical thinking, has sound judgement and detailed oriented * Highly organized, focused and able to work under tight timelines and pressure

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Responsibilities

Lead and plan internal audit projects to evaluate control design and operating effectiveness within a risk-based framework. Communicate root causes of issues to senior management and collaborate with business lines to implement remediation plans.