Head of Internal Audit

Get to know our Team:

Grab Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. IA helps Grab accomplish its objectives by bringing a systematic, disciplined audit approach to evaluate and improve the effectiveness of risk management, control and governance processes. Grab IA provide an unbiased and objective view. IA can work independently from the operations to evaluate and report to the highest level in an organisation, senior managers and governors.

Get to know the Role:

Grab core business comprises of Transport (Rides, Food, Express), Payment (e-wallet, micro lending, insurance) and others (investment, joint ventures etc) The primary function of Internal Audit team is to provide assurance to the Board of Directors regarding risk management, control and governance processes. Based on Grab’s diversified business coverage, it involves operational, financial, compliance, systems/IT audit. The secondary function of conducting internal investigation related to internal grabber, vendor, supplier, associate resulting from whistleblower program.

The day-to-day activities:

• This role holds directly responsibility towards BoD and AC. The candidate is directly responsible to the BoD, AC and top management leadership team such as CEO, COO and president.

• Leading the regional IA team, one knows how to engage the regional and functional business leaders to educate, influence and provide insight to achieve the desired corporate governance and controls framework

• Identify the key business risks and exposure. Be responsible in designing the strategic Annual Audit Plan to capture company risk and control exposure

• Comfortable in working closely with senior leaders such as company CEO, COO and President and develop risk indicators that provides early warnings

• Understand startup and fintech type of businesses. Able to understand the dynamic of such business nature which result in constant change in risk profile/market/operating environment

• Understand and to be able to balance between speed of execution and right level of controls to mitigate company-wide risk

• Define company-wide risk appetite and balance the speed of execution and right level of risk mitigation and control.

• Function as a trusted adviser with his/her expertise in risk and compliance, auditing, corporate governance, internal controls. A wide range of experience will be a plus point such as regulatory compliance audits, ethics and whistleblower investigations etc.

• Have sufficient knowledge on regulatory requirement on e-wallet business and other relevant business regulatory requirements, able to support the business and highlight issues and exposures

• Resolving matters or issues raised by the Audit Committee members during the quarterly committee meeting.

• Undertakes ad-hoc projects as directed by the group of companies

• Perform due diligent and engaged in the group of companies

• To provide leadership and management for the team internal auditors within the Grab operating region.

• Responsible for reporting to the Audit Committee on irregularities and issues.

• To advise field internal auditor team on ways to resolve fraud and process audit issues.

The must haves:

• Master/Bachelor degree in a business-related field (Accounting,

• Finance, or, Economics), or,

• Qualified CPA, ACCA, ACA, CIA, CFE

• Minimum 15 years of relevant experience.

• Experience in enterprise risk management will be an advantage.

• Strong in audit report writing

• Above-average analytic skills.

• Strong business writing skills.

• Organised, independent and able to work under tight deadlines.

• Highly proficient in MS Office (Word and Excel)

• Proficient in data analytic

• Strong ability to handle adversity.

• Willing to travel on frequent basis.

• Min 15-20 year of audit experience in a large conglomerate

• environment.

• Operational, Financial, ISO 9001 QMS, SOX, Risk, Investigation, Anti Money Laundering(AML)

• Start Up Experience

• Stay current on industry standards, and develop strong relationships with private sector counterparts;

• Existing network of private and public sector contacts.