VP, Credit Auditor - Investment Banking - JN-012022-4583208

Opportunity to be involved in regional and global audits
Competitive salary and good career prospects

About Our Client

Our client is a market leading global investment bank and securities firm. They provide a comprehensive range of financial products and investment solutions across multiple asset classes to their corporate, institutional and retail clients.

Job Description

Participate in regional and global business audits by defining the audit scope, analyzing process flows, identifying key risks and controls, executing audit testing and writing work-papers in English and Japanese
Stay actively engaged in all phases of the audit, from agreeing the audit plan to approving testing plans, completing and reviewing work-papers, producing draft reports and monitoring budgets and deadlines
Remain current on any changes to the risk profile through continuous monitoring of the assigned area of responsibility and establishing close contact with key risk stakeholders.
Perform the validation works for the issues remediated by auditees
Carry out special projects, ad hoc investigations and advisory work
Smooth communication within the team and with business counterparts. Effective reporting to the audit leader, keeping the manager up to date on all key findings and emerging issues
Contribute to Internal Audit's initiatives to promote digitalization and improve audit efficiencies such as Data Analytics and using other IT tools

The Successful Applicant

5+ years of internal and / or external audit experience for investment banking and / or broker-dealer firms
Trading or Credit Risk Management experience (within investment banking rather than corporate banking) would be an added advantage.
Subject matter expertise in Risk Management in general (Market Risk, Credit Risk, Liquidity Risk, Stress Testing, etc.,), and a detailed knowledge of Credit Risk
Detailed understanding of Credit Risk Management in investment bank, including counterparty credit risk over OTC derivatives and Securities Financing Transactions
Detailed understanding of Japan regulatory requirements impacting Credit Risk Management and global regulatory environment and trends such as Basel III, IMA, IMM, IRB and FRTB
Detailed understanding of control standards, best practice frameworks and a proven ability to promptly identify the root causes and materiality of control issues
Oral and written fluency in Japanese and English
Professional qualifications such as CFA, FRM, CPA, CIA would be a plus