Internal Audit Executive - Petaling Jaya, Malaysia - KL REMIT EXCHANGE SDN BHD

KL REMIT EXCHANGE SDN BHD

Verified Company

Petaling Jaya, Malaysia

1 week ago

Posted by:

Siti Tan

beBee Recruiter

Description

Duties and Responsibilities:

Assist the Head of Internal Auditor (HIA) to execute the annual audit plan.
Preparing review of business activities that are carried out by the respective departments within the organization and branches.
Report significant issues related to governance, risk management and internal control processes, including improvements to the HIA.
Periodically provide information on the status and results of the jobs allocated as per the audit plan.
Visit branches as per plan or randomly to check the process and guidelines are followed as per BNM policies and KLR operations procedures.
Surprise cash verification on branches and submitting report to HIA and in the absence of HIA to board and management.
Identify the weakness and suggest quality measures to improve them.
Follow up with the respective departmental heads on the audit observations and implementation of the corrective actions recommended.
Verifying correspondent partners, vendors and all counterparty or partners agreements, contracts, NDAs periodically as per audit plan or as and when appropriate as per IA function.
Prepare departmental wise audit scope and reports as per directions from board or HIA and ensure the implementation.
Intimate the HIA & management immediately if any major violations observed and corrective actions required.
Assist HIA in completing the annual audit reports to Board.
Ensure the Board Audit Committee (BAC) minutes are documented, and observations and recommendations are implemented.
Ensure the Policies and SOPs are formulated as per BNM guidelines and review to ensure no gaps in implementation and suggest if any recommendations on quality of process.
Verify the annual audit reports from external auditors and other BNM reports from respective departments.
Verify the branch operating timings, customer complaints and handling procedures.
Correspondent settlement and bank statements reconciliations with accounts.
Ensure new employee onboarding and orientation programs in place.
Ensure employee training and calendar from compliance for all employees are conducted as per plan.