Treasury and Liquidity Internal Audit Director

The mandate

The interim Director will provide specialist internal-audit coverage of treasury and liquidity. The portfolio contains sensitive authority, valuation, cash, funding and contingency risks that require independent examination without disclosing instruments, counterparties or positions publicly. Mobilisation is expected within twenty business days.

The eleven-month assignment spans universe refresh, two thematic audits, one end-to-end liquidity review and validation of priority issues. The Director must assess governance, limits, models, confirmations, access and operational resilience while maintaining strict separation from treasury execution and accounting ownership.

Temporary authority includes specialist audit scope, access escalation, sampling and testing strategy, ratings and team allocation. The appointee cannot transact, approve limits, value positions for management, determine hedge accounting or operate liquidity reporting. Subject-matter consultations must preserve internal-audit judgement.

The permanent successor should join by month six and lead the final thematic review, validate one high-risk issue and present the annual treasury assurance view. Exit follows successful tests, secure transfer of protected evidence and Committee acceptance of the residual coverage schedule.

What you will own

• Refresh the treasury auditable universe across governance, authority, cash, funding, liquidity, market risk, valuation, collateral and operations.
• Complete a risk-based liquidity audit covering data integrity, assumptions, stress, contingency triggers and management escalation.
• Test dealing and payment authorities, segregation, confirmation, settlement and privileged access through controlled evidence.
• Evaluate model and valuation governance without producing management numbers or resolving accounting conclusions.
• Review limit design, monitoring, breach escalation and approved exceptions for both formal and practical effectiveness.
• Assess contingency funding evidence and decision readiness while preserving scenario and counterparty confidentiality.
• Validate priority remediation through reperformance, independent source evidence and sustained operation.
• Transfer the specialist universe, work programmes and reporting judgement through successor-led fieldwork and committee presentation.

Candidate qualifications

• At least 16 years in internal or external audit of treasury, liquidity and financial risk, including interim Director responsibility.
• Active HKICPA, CPA, ACA, ACCA or equivalent recognised audit qualification, supported by CIA, FRM or specialist treasury standing.
• Evidence of identifying a material authority, liquidity or valuation-control weakness without assuming management's technical conclusion.
• Deep knowledge of cash, funding, stress, limits, valuation, confirmations, settlement, collateral and access controls.
• A case where specialist consultation informed but did not replace your independent audit judgement.
• Experience protecting highly sensitive financial evidence through fieldwork, reporting and transfer.
• Availability for full-time on-site Hong Kong work across the entire core engagement.

Working terms and boundaries

• The interim appointment lasts eleven months at five days weekly; only a failed validation or handover test can justify one further month.
• Audit scope, testing, rating and access escalation are included; trading, limit approval, valuation production and accounting policy are excluded.
• Protected positions, scenarios and counterparties remain within authorised audit channels and cannot enter public materials.
• The successor must lead one thematic audit, one issue validation and the annual assurance presentation.
• Completion requires concluded coverage, validated high-risk remediation and secure committee-approved transfer.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 6 October 2026. Mandate reference AUD-INT-2026-HKG-35.