Principal Specialist - Operations Audit

Key Areas of Responsibilities

Operations Audit

• Assist the Head of Operations Audit in carrying out internal audit strategies and executing audit plan
• Lead and/or independently undertake operations audit assignments or any other tasks assigned
• Plan and manage the execution of operations audit assignments as per the annual audit plan
• Assess and evaluate adequacy and appropriateness of internal controls, systems and processes established to mitigate risks within the organisation
• Analyse and perform necessary testing and validation to determine the effectiveness of controls and processes established
• Recommend improvement to internal controls and policies and procedures to safeguard organization resources, promote organizational growth, and ensure compliance with applicable laws and regulations
• Ensure value added observation and recommendation to management including control gaps/non compliances/enhancement opportunities on efficiency and effectiveness
• Ensure recommendations are clearly presented and agreed to by the management
• Prepare audit report on the results of operations audit assignments and ensure timely issuance of report
• Provide appropriate guidance and coaching to the team members in ensuring timely completion of the audit assignments and review work performed by team members
• Follow-up on all audit recommendations that have been agreed upon by the management and validate adequacy of the action taken by auditee to improve controls
• Develop and maintain quality audit programs and audit documentation
• Undertake continuous improvement initiatives to improve quality and increase efficiency in internal audit
• Ad-hoc/Other Assignments · Perform ad-hoc review or any other assignments/investigations as directed · Support Division’s activities as required by the Management and/or organisation’s operations

Qualifications & Experience

• Degree in Accounting or Information System or related discipline
• Professional certification program relevant to the role e.g. CPA/ACCA/CIA
• At least seven (7) years of working experience in auditing/consulting/risk management in Audit/Consultation Firm and/or financial institutions
• Knowledgeable in auditing guidelines, regulatory requirements and guidelines issued by relevant authorities of the financial services industry
• Demonstrate effective working knowledge and understanding of PayNet’s products, with the ability to apply said knowledge for effective and efficient execution of the audit assignment
• Demonstrate competency in performing audits and have the required skills and knowledge necessary to identify risks related to business, identify control deficiencies and suggest how to mitigate risks.
• Sound knowledge of operational related matters
• Demonstrate ability to initiate, plan, executing and complete audit assignment within stipulated timeframe.
• Also, demonstrate the ability to lead audits and review work performed by the team members to ensure adequacy of audit scope and testing performed, accuracy of the conclusions reached, and completion of the assignment within the stipulated time frame
• Able to work independently when required to complete audit assignments and any tasks assigned
• Demonstrate competency in providing audit report in an appropriate form to intended recipients upon completion of audit works
• Good knowledge in governance, risk, controls, internal audit best practices such as HQ functions (e.g. finance, procurement, HR, compliance, risk, operations), e-payment, fraud, investigation, etc.
• Knowledge on technology (e.g. applications, data analytics, automation) is added advantage
• Familiar with risk-based auditing
• Strong analytical and problem solving skills
• Good interpersonal and communications skill. Well verse in English and Bahasa Malaysia
• Good writing skills in English & Bahasa Malaysia and good presentation skills
• Computer literate - Microsoft Word, Microsoft Excel, Microsoft Powerpoint
• Familiar with CAATS such as ACL is an added advantage