Ensure that the Internal Audit function complies with sound internal auditing principles and practices, and that there is a robust process in place to ensure the continued relevance and effectiveness of audit methodology.
Establish a comprehensive audit risk universe to ensure adequate, risk-based coverage of all Malaysian branches, subsidiaries, and outsourced activities.
Establish and maintain a comprehensive audit methodology to assess the risk profile and vulnerabilities of each auditable area, covering all activities, entities and the complete internal control system.
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Keep informed on current issues and trends involving internal audit and compliance audit best practices, relevant US GAAP, SOX regulatory requirements, and other applicable corporate governance issues.
Reports proactively on project status and milestones.
Following up with process owners for timely implementation of MAPs and escalating if required. Building good working relations with key stakeholders.
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Coordinate and maintain a system for risk identification, evaluation, and control.
To collaborate and support with Legal, Compliance and Finance into reviewing of group company internal control framework, the design of controls and performing random audit sample testing.
Communication of gaps and risks to propose solutions on how processes and controls can be strengthened.
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