head of audit / senior manager ops audit (insurance).

Position Overview: We are seeking an experienced and dynamic individual to join our team as the Head/Senior Manager of Operational Audit. The successful candidate will be responsible for leading and executing operational audits to assess the effectiveness of internal controls, risk management practices, and operational processes across various functions within the organization.

Key Responsibilities:

1. Audit Planning and Execution:

   • Develop risk-based audit plans in alignment with organizational objectives, regulatory requirements, and industry best practices.
   • Lead and conduct operational audits to evaluate the efficiency and effectiveness of business processes, internal controls, and compliance with policies and procedures.
   • Utilize a systematic approach to identify areas of risk and recommend practical solutions to mitigate vulnerabilities and enhance operational performance.

2. Team Leadership and Development:

   • Manage a team of audit professionals, providing guidance, support, and mentorship to ensure the successful execution of audit engagements.
   • Foster a culture of continuous learning and development within the audit team, promoting professional growth and knowledge sharing.
   • Conduct performance evaluations, goal setting, and career development discussions to empower team members and drive excellence.

3. Stakeholder Engagement:

   • Collaborate with key stakeholders, including senior management, business unit leaders, and functional heads, to understand business objectives, risks, and priorities.
   • Communicate audit findings, observations, and recommendations effectively to stakeholders, fostering constructive dialogue and facilitating decision-making.
   • Build and maintain strong relationships with internal and external stakeholders, promoting transparency, trust, and collaboration.

4. Quality Assurance and Compliance:

   • Ensure adherence to audit methodologies, standards, and regulatory requirements throughout the audit process.
   • Conduct quality assurance reviews of audit workpapers, reports, and deliverables to uphold the highest standards of accuracy, completeness, and professionalism.
   • Monitor the implementation of audit recommendations and track remediation efforts to address identified issues and enhance control environments.

Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Professional certifications such as CIA, CISA, CPA, or equivalent are preferred.
• Minimum of 10 years of progressive experience in internal audit, external audit, or risk management, with a focus on operational audits within the financial services industry.
• Strong knowledge of audit methodologies, risk assessment techniques, and regulatory requirements relevant to the insurance sector in Malaysia.
• Proven leadership skills with the ability to inspire and motivate a team of audit professionals to achieve departmental goals and objectives.
• Excellent communication, interpersonal, and influencing skills, with the ability to interact effectively with stakeholders at all levels of the organization.
• Analytical mindset, with the ability to think critically, identify root causes of issues, and develop practical recommendations to drive continuous improvement.
• Sound judgment, integrity, and a commitment to upholding ethical standards and professional integrity in all aspects of audit activities.