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Senior Vice President, Internal Audit

15-17 Years
SGD 18,000 - 19,300 per month
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  • Posted 4 days ago
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Job Description

Reporting jointly to the Head of Internal Audit of MSIG Asia, and the General Manager of Internal Audit in MS&AD Insurance Holdings, this role facilitates direct communication with our Head Office (HO) in Tokyo, supporting our business units in Asia (BUs) in achieving Group internal audit objectives by strengthening governance and ensuring the effective execution of Group Internal Audit initiatives.


Responsibilities

  • Represent Group Internal Audit in Asia, leading the development, standardisation, and enhancement of internal audit capabilities across the region.
  • Embed Group Internal Audit policies, methodologies, and initiatives - including governance, audit quality, data analytics adoption, and talent development - in our BUs.
  • Standardise and enhance internal audit frameworks across our BUs: Develop common audit procedures and templates, a risk assessment framework, audit report formats, and audit tools (including data analytics platforms). Participate in task forces to drive implementation.
  • Conduct off-site and on-site reviews of internal audit functions in our BUs to validate audit procedures and recommend improvements.
  • Manage regional stakeholders: Maintain regular dialogue with Heads of Internal Audit and senior management in our BUs. Monitor audit progress and support the resolution of execution challenges.
  • Lead talent development and capability building: Assess internal audit team capabilities in our BUs through task force activities. Design and deliver on-the-job (OJT) and formal training programs, and support succession planning.
  • Support compliance with regulatory and industry requirements: Assist in aligning HO policies with local regulations. Provide advice on regulatory and industry developments.
  • Participate in relevant committees and meetings as an observer.
  • Perform off-site monitoring of our BUs and participate in relevant HO meetings.
  • Prepare and submit monthly management reports summarising activities, findings, and progress on initiatives.

Requirements

  • Degree holder
  • Certified Internal Auditor
  • Minimum 15 years of experience in the general insurance industry, with experience in internal audit, and core business areas such as underwriting, and sales and marketing.
  • Management experience in international operations
  • Strong knowledge of applicable regional laws and regulations, risk and control frameworks, and internal audit trends
  • Work experience in Asia with strong understanding of Asian cultural context and business dynamics for effective collaboration with our BUs
  • Proficient in both written and spoken Japanese to effectively communicate with Japanese stakeholders and senior management in HO

More Info

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Job ID: 140562765