The Hong Kong Monetary Authority (HKMA) is charged with the responsibility for maintaining the stability and integrity of the monetary and financial systems of Hong Kong.
CMU OmniClear Limited (CMU OmniClear) is a wholly owned subsidiary of the Exchange Fund. It carries out the operation and business development activities of the Central Moneymarkets Unit (CMU) on behalf of the HKMA. As part of the critical financial market infrastructure in Hong Kong, CMU is a central securities depository (CSD), providing secure and efficient clearing, settlement and custodian services for securities. CMU OmniClear’s vision is to continuously enhance CMU service coverage, expand connectivity with other markets and upgrade the CMU infrastructure to provide market participants with comprehensive and quality services.
We now invite eligible candidates to join our dynamic and inclusive company for the exciting opportunity below:
Head of Internal Audit
Key Responsibilities
Reporting to the CEO, this role will be responsible for leading the internal audit functions and providing independent assurance on the organisation's risk management, internal controls, and governance processes. Key responsibilities include:
- Manage the internal audit functions, covering both IT and operational audits in various business areas of CMU OmniClear
- Design an appropriate audit methodology that follows the relevant professional standards and satisfies the requirements of the audit committee and external auditors
- Supervise a team of internal audit professionals, providing training and mentoring to ensure adherence to the department's methodology and Institute of Internal Auditors standards
- Develop audit plans and manage audit reviews including regular audits, special reviews, and ad-hoc investigations, providing independent assurance on the adequacy and effectiveness of the organisation's risk management and internal control arrangements, and the reliability of the financial and management reporting systems
- Report audit findings to senior management and the audit committee, addressing internal control deficiencies by clearly articulating issues in formal reports, issue resolution and follow-up
- Work closely with the audit committee, external auditors, and regulatory bodies while staying updated on industry best practices and emerging risks
Requirements
- University degree in Accounting, Finance, Business or related field is preferred
- Qualified CIA/ CPA with at least 12 years of relevant Internal Audit experience, gained from sizeable banks, financial institutions, audit firms or market infrastructure organizations. IT audit experience is a strong advantage
- Strong leadership skills with solid experience in leading and developing internal audit teams
- Experience in developing audit strategies, methodologies, and work programs
- Familiarity with working closely with audit committees and external auditors
- In-depth knowledge of risk management, compliance, and internal control frameworks
- Excellent communication, analytical and problem-solving skills, with the ability to collaborate with stakeholders and senior management
- Proficient in spoken and written English and Chinese
- Candidates with supplementary experience and qualifications will also be considered, even if they do not meet all of the specified requirements above
Conditions of service
- Appointment will be offered by CMU OmniClear
- A competitive remuneration package will be offered. There is flexibility to take account of additional experience and qualifications
- Fringe benefits include medical and dental benefits and paid annual leave
How to apply
You may submit an application via one of the following channels:
- Online application
*Online application will be temporarily suspended from 25 October 2025 15:00 to 26 October 2025 07:00 due to system maintenance.
- By Mail
Send in the hard copy application form (available either at the HKMA’s reception counter or website https://www.hkma.gov.hk) to:
Recruitment Officer
Hong Kong Monetary Authority
55/F., Two International Finance Centre
8 Finance Street, Central, Hong Kong
Copies of transcripts together with a full résumé including details of past experience should be attached to the application. Please mark your correspondence address and the position applied for on the envelope.
Completed application should reach the HKMA, via the designated submission channel, by 8 November 2025. Applicants may wish to submit their applications in advance of the deadline to allow for any unexpected delays, e.g. with internet traffic, including file size restrictions and system maintenance downtime. Those not contacted by the CMU OmniClear within three months from the closing date for applications should consider their applications filed for future reference.
CMU OmniClear is an equal opportunities employer and welcomes application from all qualified candidates. All information provided will be handled strictly in accordance with our personal data policy, a copy of which will be provided upon request. You may contact the Recruitment Officer at the above address.
The Online Application System is scheduled to perform regular system maintenance from Hong Kong time 6:00 a.m. to 8:00 a.m. every Wednesday. During this time, online application will not be available.
Learn more about the business of CMU OmniClear: www.CMUOmniClear.com.
