VP of Internal Audit

Cyberjaya, Malaysia | Posted on 24/04/2024 As the VP of Internal Auditat Deriv, you’ll be more than just a leader; you’ll be the key to ensuring theeffectiveness of our internal controls, risk management, and regulatorycompliance. This role demands a strategic approach, leveraging advanced analyticsfor critical insights and trend identification. You’re key to safeguarding ourassets and reputation while maintaining customer trust. You’ll inspire a team ofprofessionals, fostering a culture of innovation and excellence. Your role isessential in integrating audit findings into our business strategy, ensuring aunified approach to risk management. If you are driven to make a real impact,we welcome your expertise at Deriv. ● Create andimplement a comprehensive audit strategy focused on high-risk domains liketrading platforms, customer data security, and Anti-Money Laundering (AML)controls, ensuring alignment with the organisation’s objectives. ● Identifyrisks associated with trading, investment, financing, and regulatoryactivities. Evaluate the adequacy of audit coverage and monitor for any controlweaknesses or regulatory non-compliance. ● Lead theplanning and execution of internal audits covering trading controls,transaction verification, cash reconciliations, collateral management, andregulatory compliance. Ensure thorough follow-up and resolution of identifiedissues. ● Conductinternal audits professionally and objectively, complying with the Institute ofInternal Auditors’ standards. Deliver timely and actionable audit reports toenhance internal control systems. ● Keepup-to-date with the latest developments in broker-dealer operations and globalfinancial markets. Incorporate industry best practices into the organisation’srisk, compliance, and audit frameworks. ● Monitor theeffective implementation of audit recommendations by management. Maintainstrong collaborative relationships and communicate regularly regarding auditplans, resource needs, findings, and progress updates. ● Achieve keyperformance indicators such as the rate of audit plan completion and qualityassessments of audit reports. ● Build andlead a high-performing internal audit team. Provide mentoring, coaching, andperformance feedback.

Requirements

● 15+ yearsof proven internal audit and risk management experience in senior positions ● Universitydegree in Accounting, Finance, or a related discipline ● Demonstratedexpertise in auditing standards, risk assessment methodologies, and regulatorycompliance requirements ● Solidanalytical and problem-solving skills with the ability to identify risks,assess controls, and develop practical solutions ● Ability topresent complex information clearly and effectively to diverse audiences ● Strongleadership skills, capable of guiding and inspiring a dynamic team, and anability to collaborate effectively with a range of teams and stakeholders ● Strategicthinker, capable of making difficult decisions in a fast-paced environment ● Excellentspoken and written English communication skills What’s good to have ● Professionalcertifications such as CIA, CPA, or CISA ● Experiencein the fintech industry ● Market-based salary ● Medical insurance ● Housing andtransportation allowance ● Casual dress code ● A chance to work with toptalent from across the globe (70+ nationalities) Ampleteam-building and bonding activities #J-18808-Ljbffr