Vice President - IT Audit - D01 Cecil, Marina, People’s Park, Raffles Place, SG

Roles & Responsibilities

Job Description

• Plan, execute, and report on audit assignments for both ongoing and completed projects, ensuring alignment with bank policies, regulations, and international standards (including MAS and ISO frameworks).
• Assess project management processes for compliance with governance requirements, identifying risks in execution, cost, scope, and schedule.
• Review project documentation for completeness, accuracy, and regulatory adherence, including risk assessments at various project phases.
• Collaborate with project managers and stakeholders to advise on IT risk management and control design throughout project lifecycles, recommend process improvements and close identified gaps.
• Monitor implementation of audit recommendations to ensure corrective actions are effective and timely.
• Evaluate effectiveness of application controls in banking platforms, focusing on completeness, accuracy, validity, authorisation, segregation of duties, and reliability of financial data processing.
• Review both manual and automated controls, including system documentation, input, processing, output, data transmission, and master file controls.
• Test application controls relevant to core banking systems, payments, regulatory reporting, digital channels, and financial products.
• Analyse change management across applications, infrastructure, and databases, assessing the impact of releases and upgrades.
• Assess design and operational effectiveness of controls across SDLC phases, including requirements gathering, development, testing, deployment, and maintenance.
• Audit agile and DevSecOps practices to ensure continuous integration of security, compliance, and control requirements.
• Evaluate security controls embedded in DevSecOps pipelines, such as automated code scanning, penetration testing, secure architecture reviews, and compliance validation.
• Verify cloud and hybrid environment controls, ensuring alignment with MAS TRM and global regulatory standards.
• Conduct risk assessments for new and existing systems, focusing on data integrity, cybersecurity, fraud prevention, and compliance.
• Advise on remediation of identified control weaknesses in collaboration with management, technical teams, and external auditors.
• Provide recommendations for improving the bank’s IT control environment and its application across new industry technologies (e.g. cloud, AI / ML, blockchain).
• Engage proactively with IT, risk, compliance, and business teams to facilitate alignment of audit findings with business objectives.
• Prepare and present thorough audit reports and risk assessments to senior management and audit committees.
• Participate in continuous improvement initiatives for the audit function and deliver training on best practices in project and application auditing.

Job Requirements

Tell employers what skills you have

Management Skills

Remediation

Risk Assessment

Assessing

Change Management

Ability To Work Independently

Risk Management

Information Technology

Fraud

Banking

Prevention

Regulatory Requirements

Stakeholder Management

Data Analytics

Audit

Financial Services