If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.

00355505

PROFILE:

Audit Experience:

• Over 19 years of audit experience spanning both external and internal functions in the Financial sector.

Knowledge:

• Solid product knowledge in the wholesale banking (the Trade Finance, treasury products, loans etc) and the asset management sector such as Discretionary portfolio management, hedge fund, trade finance fund, fixed income etc).
• Good understanding of credit risk, liquidity risk, interest rate risk, operational risk and FX risk.

Regulatory Insight and Exposure: Strong knowledge of UK regulations and the PRA/FCA landscape:

• MiFID II
• Accuracy review of the model and data in FCA& PRA Regulatory return submissions and the calculation of various risk categories such as market and credit risk etc
• ICAAP & ILAAP
• Financial Crime including AML, (Sanctions, anti-bribery act, AML/CFT)

QUALIFICATIONS:

• 2007: FCCA status
• 2006: ACCA qualified(first time pass) 2002, Master Degree in Management, major in Accounting, Beijing Technology and Business University

LANGUAGES:

• English (Fluent)
• Mandarin (Native)

CAREER HISTORY:

September 2024 - Present

Banking

Internal Audit Manager

Leading multiple audit projects across NAB global jurisdictions, with coverage spanning Treasury, Liquidity Risk Management, Payroll, RTS6, DORA, ILAAP/ICAAP, and Financial Control audits.

I am passionate about driving audit excellence and fostering a culture of continuous improvement. I have recently integrated Copilot and data analytics into audit workflow to enhance audit efficiency and insight delivery.

Fixed-term contract extended beyond the initial six-month term.

March 2024-September 2024 (6 months Fixed Term Contract)

Facilities Management

Group Internal Controls Manager

Leveraged audit expertise to lead the Contract Mobilization Process audit, covering Bid management, Mobilization, Supply Chain onboarding, HR TUPE, Insurance, and IFRS15-related Finance processes.

January 2023 – February 2024

Consultants

Founder/Director

Boutique consultancy specializing in prelisted companies requiring internal audit, compliance, and internal control framework set up and training services. Broader activities include sales, marketing and business development activities, utilizing Big 4 relationships in the UK and internationally. I helped a local Chinese bank developed a pension new product that assisted their business strategy; I was invited by the local Chinese Financial Regulatory authority along with EY and Deloitte partners to deliver Internal Controls and Audit training for over 40 pre- listed companies to assist their IPO process. The recorded training is available upon request. This business is on hold after

I returned to the UK in November 2023.

January 2019 – December 2022

Sabbatical

During this time, I took what was intended to be a 1-year sabbatical which extended to a longer period of time due to the pandemic and parents-caring responsibilities in China.

Banking (Permanent role Feb 2010-Dec 2018）

Internal Career Progression within banking.

February 2010 – March 2012 Senior Business Auditor

March 2012-March 2016 Internal Audit Manager

March 2016 – Dec 2018 Head of Financial Audit

The bank’s principal business activity is focused on client related activities in wholesale banking, treasury and asset management.

I was promoted to Head of Financial Audit for outstanding performance and contribution to the Bank since I joined in 2010. I played a key role in ensuring the internal audit function achieved its objectives principally through carrying out risk-based audits covering all of GIB UK’s business activities, such as wholesale banking activities, treasury products, trade finance, fund management business, discretionary portfolio management, regulatory reporting, transaction reporting, operational risk management, MiFID II compliance, and financial crime auditing.

SKILLS:

I’m a hard-working and conscientious person with the analytical and inter- personal skills needed to be effective in a Head of Financial Audit role. Having worked internationally I have a strong understanding of the needs of international clients, with the flexibility and agility needed to adapt to a broad spectrum of client requirements.

TECHNICAL:

Teammate (Audit Software) GAMX (Audit Software) Copilot

Data Analytics Microsoft Excel Microsoft Word Microsoft PowerPoint

INTERESTS:

• Charity and Voluntary work
• Reading

WORK EXPERIENCE:

September 2004 – January 2010

Banking & Capital Markets

Qualified Executive

Managed, supervised and undertook external audits for investment, commercial and merchant banks, exchange houses, FX and equity brokers. Project managed the preparation and monitoring of budgets and planed audit approaches. Supervised teams including training, assigning responsibilities to staff, reviewing work, liaising and coordinating with clients. Product experience included fixed income and forex, equity derivatives, credit derivatives, FX and interest rate derivatives and other treasury products. Under took credit risk analysis activities including the review of loan portfolio provisions and assessment of credit and political risks (including syndicated and structured finance transactions).

December 2001 – January 2004

Assurance & Advisory Business Services

Financial Auditor

External audits for pre-listed companies, banks and insurance companies. The audit client’s profiles in China includes some prestigious names such as:

• The Industrial and Commercial Bank of China
• Hua Xia Bank of China
• Fujian Industrial Bank
• CITIC Security Company
• PICC Insurance Company
• UF Software Company
• DongFeng Motor Company

January 2001-December 2001

Asset Management

This company offers asset management to institutional clients. I worked in the marketing department as intern initially (during my Master study) and then I was promoted to Investment Manager after I successfully extended the client base to state owned investors and my outstanding performance in a merger and acquisition deal where I acted as the deal coordinator with the target company.

I left this company in December 2011 to begin my audit career.

Banking (International Business Department) Prior to 2000

Duties included checking of documents presented against the letter of credit in accordance with the relative rules & regulations; processing payments, acceptances, discounts under letters of credit all to aged time scales; and processing trade finance including package loans, forfeiting etc. Left to start a Master’s degree in Management.

References Available Upon Request

If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.

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