Overview Of Division/Department
This role is part of the Quality Assurance (QA) function in the Asia Pacific (APAC) region, reporting to the Head of QA in APAC, and requires close collaboration with our Global Quality Assurance teams at the Head Office in Tokyo, and other regional offices in the US and EMEA.
The successful candidate will support the Quality Assurance and Improvement Program (QAIP) within the Group Internal Audit function of Mizuho Financial Group, contributing to the evaluation of the internal audit activity's conformance with the Institute of Internal Auditors (IIA) Definition of Internal Auditing and the International Standards for the Professional Practice of Internal Auditing (Standards), and the Code of Ethics. It contributes to assessing the efficiency and effectiveness of internal audit processes and identifying opportunities for continuous improvement.
About Us
Mizuho Bank is the banking subsidiary of Mizuho Financial Group, which is headquartered in Tokyo, Japan. Mizuho Financial Group, Inc. is the 15th largest bank in the world, as measured by total assets of approximately US 2 trillion. Mizuho's 55,000 employees worldwide offer comprehensive financial services to clients in over 800 offices throughout the Americas, EMEA, and Asia.
Mizuho Bank Singapore Branch has an established local presence with over 50 years of history and serves as the regional hub for the bank's APAC operations.
Operating with a Full Bank License, Mizuho Bank Singapore Branch provides banking services to over 2,000 Japanese and non Japanese corporate clients, with a staff strength of about 1,000 employees. We provide expertise in corporate finance, trade finance, cash management, funds transfers, project finance, and treasury services to help businesses develop and find new opportunities. We also collaborate with our affiliate company, Mizuho Securities, to provide investment banking solutions to our clients.
Auto req I
1987BR
Department
Internal Audit Department
Section
Internal Audit Department
Location
Singapore
Job Responsibilities
The successful candidate will support Quality Assurance and Improvement Program (QAIP) within the Group Internal Audit function of Mizuho Financial Group, contributing to the evaluation of the internal audit activity's conformance with the Institute of Internal Auditors (IIA) Definition of Internal Auditing and the International Standards for the Professional Practice of Internal Auditing (Standards), and the Code of Ethics. It contributes to assessing the efficiency and effectiveness of internal audit processes and identifying opportunities for continuous improvement. This role is part of the Quality Assurance (QA) function in the Asia Pacific (APAC) region, reporting to the Head of QA in APAC, and requires close collaboration with our Global Quality Assurance teams at the Head Office in Tokyo, and other regional offices in the US and EMEA.
- Conduct comprehensive quality assurance reviews of internal audit engagements, covering planning, fieldwork, and reporting phases.
- Demonstrates knowledge in the application of the Risk Control Matrix (RCM) to identify, assess, and document key risks in business processes, and evaluate the design and operational effectiveness of controls.
- Evaluate the adequacy and effectiveness of audit methodologies, tools, and practices, recommending enhancements as necessary.
- Participate and support both ongoing internal assessments and periodic external assessments of the internal audit function, in line with IIA requirements.
- Support the preparation of quality assurance review reports, including findings, root cause analysis, and actionable recommendations, to Global Quality Assurance, Head of APAC Internal Audit Department, and Chief Audit Executive (CAE).
- Support the development of key performance indicators to assess the effectiveness and efficiency of the internal audit function.
- Track and report the implementation of quality assurance recommendations, driving continuous improvement.
- Support the development and delivery of training programs to enhance audit staff skills and promote best practices.
- Maintain accurate documentation of review processes, findings, and recommendations, providing accessibility for future reference and regulatory inspections.
- Monitor and verify compliance with the IIA Definition of Internal Auditing, the Code of Ethics, IIA Standards, the internal audit manual, and relevant regulatory requirements.
- Monitor the development of auditing standards, regulatory requirements, and industry trends, and communicate relevant updates to the internal audit team.
- Collaborate with global and regional Quality Assurance teams and act as a liaison with external auditors and regulatory bodies on quality assurance matters.
Job Requirements
- Minimum 7 years of professional experience within internal audit in the financial services industry, or with an external audit firm, is preferred. At least 2 years of experience in a quality assurance role is an advantage.
- Bachelor's degree in Accounting, Finance, Business Administration, Information Technology, or a related field.
- Professional certification such as CIA, CAMS, CA, CPA, CISA, CISM, or equivalent, is preferred.
- Experience in internal audit, quality assurance, and knowledge of risk management frameworks, preferably within the financial services industry.
- Excellent analytical, problem-solving, and decision-making skills.
- Demonstrates the ability to analyze emerging risk trends, and familiarity with regulatory compliance (i.e., JFSA, MAS, HKMA, RBI) and risk management frameworks.
- Strong verbal and written communication skills and capable of presenting excellent written deliverables.
- Self-motivated and tenacious with a commitment to excellence.
- Team player with strong interpersonal and collaboration skills.
- Adaptable and able to multitask and perform under strict deadlines.
- Willing to travel within the Asia Pacific region from time to time.
