The Internal Audit and Risk Management provides support in the Internal Audit and Risk Management Sector regulation, audit internal implementation and risk management coordination, anti-fraud management, and quality control to regulate and supervise financial services activities.
In carrying out its functions, the Internal Audit and Risk Management has several main duties:
Drafting policies and regulations for internal audit, risk management, quality control, and anti-fraud;
Establishing guidelines and standards for internal audit, risk management, quality control, and anti-fraud
Conducting internal audit in the Financial Services Authority
Providing consultancy to Work Units;
Coordinating risk management activities.
Conducting quality control on audit internal results;
Carrying out anti-fraud management in the Financial Services Authority;
Coordinating audits in the Financial Services Authority conducted by external audit;
Evaluating the effectiveness of Financial Services Authority internal audit, risk management, quality control, and anti-fraud;
Reviewing Financial Services Authority's risk profile; and
Performing other duties assigned by the Board of Commissioners.
