Job Description

Internal Audit Manager

Group Internal Audit (GIA) represents the third line of defence and provides independent assurance of the effectiveness of management's control of business activities (the first line) and of the control processes maintained by the Risk Framework Owners and Policy Owners (the second line). GIA works with the Group's other control functions, such as Finance, Risk and Compliance, but does not place unqualified reliance on their work. GIA is an independent function whose primary role is to help the Board and Executive Management to protect the assets, reputation and sustainability of the Group.

As defined in the Audit Charter, all staff in GIA must exhibit the highest level of professional objectivity in gathering, evaluating and communicating information about the activity or process being examined. They must make a balanced assessment of all the relevant circumstances and not be unduly influenced by their own interests or by others in forming judgments. GIA will adhere to the Definition of Internal Auditing, the Core Principles for the Professional Practice of Internal Auditing, Code of Ethics and the Standards for the Professional Practice of Internal Auditing that are published by the IIA. It is expected that all members of GIA strive to operate as role models for the Group's valued behaviours. GIA methodology has defined "Habits of a Human Auditor" which are aligned to the Group's valued behaviours and communicated across the function.

In addition to the responsibilities defined in the Audit Charter, the Audit Manager is expected:

• To act as a Team Member on assigned audit work involving Corporate & Investment Banking (CIB) businesses operating across the Americas region. Specific areas of coverage to include financial markets trading activity, transaction services (including payments, deposits and trade finance) and institutional lending.
• To act as Team Leader, when applicable, and take responsibility for overseeing the delivery of high quality audits, including finalising audit issues and audit reports;
• To confirm that assigned audit work, as well as the work carried out by team members is executed in an efficient and effective manner, within the given budget and timelines, and in line with GIA methodology standards.
• To clearly identify the risks and impact of issues during issue writing, agreeing these issues with management and obtaining quality management action plans to mitigate the risks raised;
• To lead continuous monitoring of assigned countries / portfolio areas, and to build and maintain engagement with stakeholders;
• To take responsibility for the design and implementation of department wide exercises such as annual planning, risk assessment and training;
• To support GIA audit teams by providing product/country knowledge and expertise for their audits relating to the individual's area of responsibility;
• To attend select governance forums/committees to represent GIA on behalf of the Head of Audit (HOA) or Audit Director (AD), as required; and
• To support the HOA and AD in their roles as portfolio/country subject matter experts, depending on the skills of the individual.
• To perform issue validations: all audit issue action plans agreed during audit fieldwork should be tracked through to completion in accordance with methodology requirements

Key Responsibilities

Strategy

• Support the HOA and AD where required, in the development of the GIA risk assessment and development of an appropriate audit plan for the HOA's assigned portfolio;
• Propose audits for coverage during the audit cycle based on their knowledge of the business; and
• Carry out their role in line with the Audit Charter and remain independent from management and free from interference.

Business

• Assist the HOA/AD to effectively manage the cost of assigned audits within the allocated budget for audit engagements; and
• Identify and implement opportunities for cost savings and optimal productivity of assigned audit engagements.
• Establish and maintain effective working relationships with the management of business units which fall under risk assessment responsibility.

Processes

• To act as a Team Member or Team Lead on assigned audit work involving CIB related risks across the Americas region. This will entail the detailed production of various deliverables throughout the established phases of audit execution, including, but not limited to Audit Planning Memoranda, control testing documentation, issue and action plan drafts and production of draft reports for GIA management review;
• Ensure that audit deliverables meet quality standards and timelines in line with the GIA methodology;
• Draft and submit inputs to the audit scope (including the Audit Planning Memo and Process Risks Controls Matrix) proposed by the Audit Lead;
• Assist in the drafting of the audit report in the GIA report review process; and
• Track the implementation/delivery of the agreed issues and action plans for the audits assigned, understanding the key risks arising, provide advice on resolution of issues to auditees/action plan owners and escalate audit findings that remain unresolved.
• Apply data and analytics techniques during the audit cycle for better efficiency and effectiveness
• Contribute to the design and implementation of effective continuous monitoring and automated testing strategies using analytics
• Work with key stakeholders to understand data flow, data points for key systems relevant to the audit portfolio

Skills and Experience

• In-depth understanding of risk management and associated control requirements;
• Strong communicator, both written and verbal, with ability to clearly explain controls to be tested and risks identified to audit and business management;
• Confident and courageous to raise and escalate ideas or concerns in a professional and timely manner;
• Proactive, self-directed and able to work with minimum supervision;
• Ability to work within a global team.
• Data analysis
• Data insights (generation and interpretation)
• Basic Tools (MS Excel, Power BI etc.)

Qualifications

• A minimum of 5-7 years overall experience as an auditor with at least 3 years focused on one or more of the following businesses: financial markets trading, payments, trade finance and/or corporate lending.
• Experience working in a Foreign Banking Organization preferable.
• Effective collaborative skills that contribute to positive working relationships with counterparts in Group Internal Audit and the business.
• Understanding of enterprise risk management, investment and/or wholesale banking regulations and associated control requirements;
• Professional Certifications preferred: i.e. CIA, CPA, CAMS, CFE, CRCM;
• Strong communicator, both written and verbal, with an ability to influence and an ability to gain the respect of management, regional stakeholders, peers and their teams;
• Confident and courageous to raise/escalate issues in a pro-active, professional and timely manner;
• Self-directed and able to work with minimum supervision;
• Have an understanding over data literacy, management, analytics and techniques, ability to understand problem statements and identify opportunities for use of analytics
• Working experience with analytics/visualisation tools such as PowerBI, Tableau, or similar tools, and is able interpret and generate data insights using data visualisation
• Certifications around analytics and AI/Gen AI will be an advantage

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle , continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together , we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We

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