Job Information
Job Opening ID
ZR_1571_JOB
Industry
Internal Audit
City
Cyberjaya
Country
Malaysia
Job Description
As the VP of Internal Audit at Deriv, youll be more than just a leader; youll be the key to ensuring the effectiveness of our internal controls, risk management, and regulatory compliance. This role demands a strategic approach, leveraging advanced analytics for critical insights and trend identification. Youre key to safeguarding our assets and reputation while maintaining customer trust.
Youll inspire a team of professionals, fostering a culture of innovation and excellence. Your role is essential in integrating audit findings into our business strategy, ensuring a unified approach to risk management. If you are driven to make a real impact, we welcome your expertise at Deriv.
Your challenges
Create and implement a comprehensive audit strategy focused on high-risk domains like trading platforms, customer data security, and Anti-Money Laundering (AML) controls, ensuring alignment with the organisations objectives.
Identify risks associated with trading, investment, financing, and regulatory activities. Evaluate the adequacy of audit coverage and monitor for any control weaknesses or regulatory non-compliance.
Lead the planning and execution of internal audits covering trading controls, transaction verification, cash reconciliations, collateral management, and regulatory compliance. Ensure thorough follow-up and resolution of identified issues.
Conduct internal audits professionally and objectively, complying with the Institute of Internal Auditors standards. Deliver timely and actionable audit reports to enhance internal control systems.
Keep up-to-date with the latest developments in broker-dealer operations and global financial markets. Incorporate industry best practices into the organisations risk, compliance, and audit frameworks.
Monitor the effective implementation of audit recommendations by management. Maintain strong collaborative relationships and communicate regularly regarding audit plans, resource needs, findings, and progress updates.
Achieve key performance indicators such as the rate of audit plan completion and quality assessments of audit reports.
Build and lead a high-performing internal audit team. Provide mentoring, coaching, and performance feedback.
Requirements
15+ years of proven internal audit and risk management experience in senior positions
University degree in Accounting, Finance, or a related discipline
Demonstrated expertise in auditing standards, risk assessment methodologies, and regulatory compliance requirements
Solid analytical and problem-solving skills with the ability to identify risks, assess controls, and develop practical solutions
Ability to present complex information clearly and effectively to diverse audiences
Strong leadership skills, capable of guiding and inspiring a dynamic team, and an ability to collaborate effectively with a range of teams and stakeholders
Strategic thinker, capable of making difficult decisions in a fast-paced environment
Excellent spoken and written English communication skills
Whats good to have
Professional certifications such as CIA, CPA, or CISA
Experience in the fintech industry
Benefits
Market-based salary
Annual performance bonus
Medical insurance
Housing and transportation allowance
Casual dress code
Work permit
A chance to work with top talent from across the globe (70+ nationalities)
Ample team-building and bonding activities
