1.
Internal Control Framework
ꔷ Design and maintain internal control framework aligned with COSO standards and group policies
ꔷ Ensure compliance with Malaysia and Southeast Asia regulatory requirements
ꔷ Conduct upfront control design for new product/business launches
2.
Key Process Control Design
ꔷ Sales & Commission: Merchant onboarding, commission calculation, approval workflows, revenue process and revenue recognization control
ꔷ Procurement: Vendor selection, purchase requisition, goods receipt, invoice verification, payment authorization
ꔷ Payment Operations: Payment processing, reconciliation, exception handling, fund security
ꔷ Cross-Border Specifics: FX rates, fund flows, settlement cycles, AML/sanctions compliance
3.
Risk Assessment & Monitoring
ꔷ Conduct risk assessments to identify control gaps and operational vulnerabilities
ꔷ Establish Key Risk Indicators (KRI) for high-risk areas (fund security, AML, merchant onboarding)
ꔷ Maintain risk register and report to local management and group risk team
4.
Audit Coordination & Remediation
ꔷ Liaise with external auditors and group internal audit teams
ꔷ Drive root-cause analysis and systemic improvements for audit findings
ꔷ Track action plan resolution until closure