Derek Chen has 11 years of audit and assurance service experiences, primarily on audits for large financial institutions.
He seconded to KPMG NY office from September 2013 through March 2015 and served as a senior associates on the 2013 and 2014 Citigroup’s integrated audits that combine a financial statement audit with an audit of internal control over financial reporting (ICOFR). During the assignment, he also participated in the IPO project of OneMain Financial Holdings Inc. submitting the S-1 filing with the SEC of the USA.
In KPMG Taipei, he was responsible for many IFRS adoption/transition projects of Fubon Financial group, the second biggest financial group in Taiwan with diversified components, including a bank, insurance, security and investment companies.
He is currently working on the audit engagement of Taiwan Financial Group. The group is 100% held and run by the government of R.O.C and has the largest bank in Taiwan ranked by total assets.
In addition, he is invited by Sumitomo Mitsui Banking Corporation Taipei branch and Mizuho Bank Taipei branch to take part in the audit of their internal controls over Anti-Money Laundering.
He has helped his clients and teams by providing his professionalism and using his technical skills and experiences to ensure these audits comply with IFRS, AICPA and/or PCAOB standards as appropriate. He also served as an in-house instructor in KPMG Taipei.
He has passed the ROC CPA and USA CPA (NYS) exam.