Location: Singapore
Reporting To: Board Audit Committee and Chief Executive Officer (administratively)
Employment Type: Full-Time Role
Position Summary
Asia Digital Exchange Pte. Ltd. (ADX) is an MAS-regulated digital asset exchange. Reporting directly to the CEO and the Board Audit Committee, you will be independently responsible for the planning, execution, and reporting of internal audit of ADX's functions.
While this is a junior role by grade, it carries meaningful responsibility as the only internal audit function in the organisation. It is well-suited to an early-career audit professional who is self-directed, detail-oriented, and eager to develop their skills within the fast-evolving digital assets and regulated fintech space. You will gain broad exposure to internal controls, risk management, and regulatory compliance in a dynamic, growth-stage environment operating under MAS oversight.
Key Responsibilities
Key responsibilities include, but are not limited to, the following and may evolve based on the needs of the business:
Audit Planning & Execution
- Prepare the annual internal audit plan, including the identification of auditable areas aligned with ADX's risk profile, for approval by the Board Audit Committee.
- Independently plan and scope individual audit engagements, including drafting audit programmes and defining testing procedures.
- Execute audit fieldwork in accordance with approved audit plans and the Global Internal Audit Standards, documenting work papers clearly and accurately.
- Perform walkthroughs, process documentation, and control testing across business and operational areas including trading operations, compliance, finance, IT, and custody.
Controls Assessment & Findings
- Assess the design and operating effectiveness of internal controls across audited areas.
- Identify control gaps, process weaknesses, and instances of non-compliance with company policies, procedures, and regulatory requirements.
- Clearly document audit observations, root cause analysis, and findings.
- Prepare audit reports that are clear, accurate, and actionable, with well-supported recommendations for remediation, for presentation to senior management and the Board Audit Committee.
Regulatory & Compliance Support
- Support assessments of ADX's compliance with MAS regulations, including applicable guidelines on digital asset service providers, technology risk management, and AML/CFT requirements.
- Assist in evaluating adherence to internal policies, standard operating procedures, and relevant industry standards.
- Stay current on regulatory developments affecting digital asset exchanges and flag relevant changes to the CEO and Board Audit Committee as appropriate.
Follow-Up & Monitoring
- Track the status of audit findings and assist in following up with process owners on the progress of agreed remediation actions.
- Maintain an up-to-date audit findings tracker and escalate overdue or unresolved items in a timely manner.
- Prepare and present status updates to the Board Audit Committee on outstanding findings and remediation progress.
Continuous Improvement & Learning
- Identify recurring issues or thematic trends across audit engagements and propose organisation-wide improvements to the CEO and Board Audit Committee.
- Develop and maintain Internal Audit Procedures and working paper templates to ensure they reflect current best practices.
- Proactively develop knowledge of digital assets, blockchain technology, and the regulatory landscape for MAS-regulated exchanges.
- Participate in team meetings, training sessions, and knowledge-sharing initiatives to support professional development.
