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Practice

Risk & Internal Audit

Risk advisory has become the fastest-growing flagship practice inside accounting firms, and the talent to lead it is the scarcest resource in the market. CharteredPartners conducts retained search for the partners and principals who build and run internal audit, GRC, cyber-risk, resilience and regulatory practices across APAC, Dubai and London.

USD 26.1B
APAC risk management consulting market, 2024, growing ~9.5% CAGR to 2031
Cognitive Market Research
3.4M
Unfilled cyber roles in APAC, the largest regional gap globally (2025)
ISC2 Cybersecurity Workforce Study 2025
37-50%
Pay premium for CIA-credentialled internal auditors over non-certified peers
Becker
13.7% CAGR
Enterprise GRC market growth, USD 72.4B (2025) to USD 203.7B (2033)
Grand View Research

The talent market

Risk advisory is now the growth engine of the modern accounting firm. As assurance fees compress and audit independence rules cap the consulting a firm can sell to its audit clients, the Big Four, mid-tier networks (BDO, Grant Thornton, RSM, Crowe, Forvis Mazars) and independents have all repositioned risk advisory as a flagship, partner-led profit centre. The Asia Pacific risk management consulting market was valued at roughly USD 26.1 billion in 2024 and is forecast to grow at about 9.5% a year through 2031, with Southeast Asia compounding even faster at around 10.5% [1].

Demand is now structural rather than cyclical. Three forces converge on the same scarce partner: board-level scrutiny of internal audit and controls; a global cyber-risk talent gap that APAC feels most acutely; and a wave of operational-resilience and financial-crime regulation (DORA, MAS guidelines, FATF-driven AML reform) that turns compliance into a multi-year remediation programme. Each pushes firms to hire credentialled, client-facing leaders who can both win mandates and stand in front of an audit committee.

The defining constraint is people, not pipeline. The 2025 ISC2 study put the global cyber workforce gap at 4.8 million, with APAC carrying the largest regional shortfall at roughly 3.4 million unfilled roles [2]. In internal audit, the Certified Internal Auditor credential commands a 37 to 50 percent pay premium over non-certified peers [5]. A partner who combines a recognised credential, a portfolio of named relationships and a defensible specialism is a genuinely rare asset, and counter-offers are aggressive.

That scarcity is precisely why risk-advisory leadership hires belong in retained search. These are confidential, reputation-sensitive moves, frequently with a following of managers and a book of clients attached. CharteredPartners runs a mapped, off-market process across Singapore, Hong Kong, Sydney, Dubai and London, assessing not just technical depth but the chargeable network, regulatory standing and team that move with the hire.

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