JOB QUALIFICATIONS:
Candidate must be a Certified Public Accountant (CPA)Required Skill(s): Attention to details, time management, oral and written communication, project managementDuties and Responsibilities:
1. Assists in the risk assessment of the Trading Participants (TPs) and in the establishment of the audit plan e.g. formulation of audit program and procedures for regular compliance audit.
2. Conducts regulatory compliance audit based on the audit program approved by the Securities and Exchange Commission (SEC)
a. Keeps the Senior Auditor and/or the Head of the Audit and Compliance Department (ACD) fully informed of the progress on assignments and conforms to the Company’s administrative policies and requirements and those of TPs as applicable.
b. documents audit procedures performed
c. Archives audit working papers
d. Identifies and communicates issues and violations to the TP’s associated person or compliance officer.
e. Prepares official correspondence e.g. Audit Authority Letter, Show Cause Letter, Sanction Letter and Reports on the Result of Regular Audit to be submitted to the SEC.
f. Assists the Senior Auditor and/ or Head ACD during exit conference with the TP’s nominee and Associated Person.
g. Conveys recommendations to the TP’s officers to prevent violation and comply with the Securities Laws.
3. Monitors reports submitted by the TPs such as Quarterly Compliance Report, Movement of PSE Shares, SEC Form 30.1, Internal/ Accredited Training Reports, List of Directors, Officers, Agents and Employees, and Employee Movement.
4. Conducts special audit based on the objective, purpose and requirement endorsed by Investment and Enforcement Department or Surveillance Department.
5. Assists the Senior Auditor/ Head of ACD in the development of standard operating policies and the establishment or amendment of Rules and Regulations.
6. Conducts periodic review of RBCA reports submitted by the TPs and assists in the preparation of Monthly report Reports related to RBCA review.
7. Assists the Senior Auditor/ Head of ACD with the Failed TPs including the update and monitoring of the books and facilitation of disbursements of claims and requests for stock transfers.