Job PurposeTo provide an independent assessment of the adequacy and effectiveness of internal controls and compliance of the Businesses and Functions in the country with laws regulations and internal policies To provide assessments on the state of controls within business units and country To ensure local audit activities in the country are executed as required by local regulatory requirements and provide country management with assurance that local regulatory audit requirements as well as the expectations of the local regulator are fully met To assist the Team Manager in leading and supporting the audit team by contributing to the overall GIA audit coverage and assignment Priority for candidate with product knowledge and expertise particularly on IT Product and Banking experience To contribute towards an anticipatory approach to risk assessment to Group Internal Audit GIA by highlighting issues through good stakeholder communication to improve audit planning The Role ResponsibilitiesCommunicationsBuild good working relationships with the business to facilitate execution of audit work help improve the control environment and to keep updated with changes in the risk profile of the business Ensure communication of the overall audit opinion and the supporting findings issues root causes to all relevant stakeholders Monitor and escalate assigned audit issues and action plans and report overdue items to the appropriate Team Manager Country Head of Audit CHOA for escalation to the appropriate business manager and or governance committee for resolution When acting as Team Leader Manager Manage timely communications with auditees including the audit notification terms of reference hold regular fieldwork discussions to ensure expectations are clear and that there are no surprises and facilitate the debrief meeting with auditee management at the end of an audit Ensure timely escalation of delays in conformance with GIA methodology timelines to both auditee management and GIA management Audit ProcessSupport the Team Leader Manager by executing audit planning fieldwork reporting and issue tracking for work assigned in an efficient and effective manner such that audit work meets the given budget quality standards and timelines required by the GIA methodology Apply good understanding of GIA methodology standards and practices in all areas of assigned GIA activity When acting as Team Leader Manager Manage the on-the-ground working relationship with auditees to ensure that they understand the audit process Ensure that expectations are clear for all parties to facilitate the smooth progress of the audit Provide clear guidance to team members supervise and carry out a detailed review of their audit work to ensure that methodology requirements are adhered to in all areas of GIA activity as well as raising team members and rsquo awareness and understanding of the methodology Proactively engage the Team Manager to ensure that audit deliverables meet quality standards and timelines required by the GIA methodology o Provide guidance on technical knowledge and management skills to team members to enable them to effectively deliver their assigned contributions for an audit Risk AssessmentAssist in the early identification and escalation of risks issues trends and developments for reporting to the CHOA For assigned audits engage with the Team Manager on the status of rollout of the Operational Risk Framework and effectiveness of ORMAF ORF Adopt an anticipatory approach to the assessment of risk through stakeholder engagement and the monitoring of the external environment to improve audit planning Attend Country meetings e g BORF when requested by the CHOA to keep up-to-date on key business matters and to provide the right challenge to ensure risks are appropriately identified discussed and timely remediation plans are put in place People and TalentTo be the IT product and portfolio expert Demonstrate leadership and ability to motivate and guide audit team members Ensure correct capacity planning for assigned audits so that the audit team can fulfil the scope of an audit engagement effectively and efficiently Ensure that sufficient training including on-the-job training is received to develop expertise within the assigned area Influence change within the business Support the CHOA to proactively spot talent for GIA GovernanceEnsure compliance with the highest standards of regulatory conduct and compliance practices as defined by internal and external requirements Adopt the Group and rsquo s values and code of conduct in GIA to ensure adherence with the highest standards of ethics and compliance with relevant policies processes and regulations Key StakeholdersDesignated individual business key stakeholders typically related to individual audit assignments Other ResponsibilitiesAdopt Here for Good and the Group and rsquo s brand and values Perform other responsibilities assigned under Group Country Business or Functional policies and procedures where relevant To be the local champion and liaison for Islamic products related audit matters To be an audit specialist for IT products and portfolio and participate in other cross functional and country audits if required Our Ideal CandidateExperienced internal auditor risk professional or business practitioner Good knowledge and background in the country and rsquo s local regulatory requirements and understanding in key risks involved in end to end retail and or corporate products Minimum 6 years of work experience in banking industry with risks and controls focus particularly in IT Banking Products Credit and AML CDD Financing Governance Operational Risk and Compliance Priority for candidate with product knowledge and expertise particularly on IT Product and Banking experience Good communication skills both written and verbal with an ability to influence business management other stakeholders and peers Ability to work in a team and willingness to assist team members when needed Self-motivated achiever with ability to work with minimal direction Demonstrates understanding of and commitment to the Banks core values Confident and courageous to raise concerns and issues in a proactive and professional manner Professional audit certification preferred
Type : Company job
Role : Senior Executive
Industry : Banking/Financial Services
Salary : Not Disclosed
Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank’s growth in recent years.
With offices in 71 markets, Standard Chartered offers exciting and challenging international career opportunities for around 87,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank’s heritage and values are expressed in its brand promise, Here for good.
For more information on Standard Chartered, please visit http://www.standardchartered.com.