Kelvin Lee

• Leading a team of 4-6 audit professionals to provide full-spectrum of independence assurance covering retail and corporate banking
• Acting as secretary of Audit Committee and manage regular reporting and presentation
• Driving innovation of audit approach through data analytics and generative AI applications
• Audits or reviews completed include: Mobile App in-app control review, Cybersecurity and threat intelligence audit, AML and anti-fraud audit, Credit Risk, Liquidity Risk and Operational Risk compliance review, whistleblowing investigation

• Established internal audit function including recruitment, internal audit methodology, audit charter, audit plans
• Working with C-suite level and Board of Directors to provide independent assurance for the effectiveness of risk management and internal controls in the first virtual bank in Hong Kong
• Audit or reviews completed include: eKYC and remote onboarding process post-mortem review, Investigation on credit risk exposure contravention, Independent assessment on IT readiness (e.g
• SWIFT payment control, cybersecurity), Outsourcing, Operational Risk Management audit, Human Resources audit, Customer Protection measures, special investigation on contravention incident

● Driving HK Virtual Bank license application and successfully acquired the license in the first batch in March 2019

● Maintaining on-going and efficient communications with HKMA regarding licensing matters on risk management (e.g. capital adequacy, liquidity risk and stress testing)

● Establishing on governance committee (e.g. ALCO), risk management framework, various policies and procedures (e.g. Risk appetite, Interest rate risk policy) for the virtual bank

• Leading audit projects in APAC region on internal controls of Risk Management (Credit Risk, Market Risk, Operational Risk) covering Wealth management, Corporate Banking, Investment banking and Retail Banking
• Evaluating Stress testing, Risk framework for trading desk, Risk reporting, implementation of risk management policies, risk identification tools, risk appetite
• Audit Projects include: Malaysia Operational Risk, China Operational Risk, Thailand Risk, Singapore Market Risk, APAC Institutional Credit Risk

• Acting as a technical expert to advise on regulatory compliance with Banking Capital Rules and respond to consultation papers from HKMA
• Leading Basel III implementation by phases, i.e
• ICCAP, Capital Adequacy Ratios (CAR) return to HKMA, full set of Pillar III to ensure requirements under Basel III rules are met

• Internal control, on-going risk monitoring of post-acquisition of Ex-HSBC General Insurance - On-going monitoring of risk, compliance with regulatory requirement and project governance

• Performed monthly and quarterly reporting e.g
• Fluctuation analysis, Group reporting, settlement tasks and reviewing entries and schedules prepared by offshore (India) service centre
• Re-engineering finance closing process to shorten the month end closing period
• Internal control testing and deficiency rectification of Private Banking, Treasury, Credit cycles for banking clients such as BOCI, BoC (HK)
• Underwriting, claims, actuarial reserving, commission, calculation and payments, broker engagement controls for insurance clients such as Cigna Life, ACE Life, BOC Group Life, AXA General Insurance
• Secondment to HSBC Insurance