Job Description

Role ResponsibilitiesGIA represents the third line of defence whose primary role is to help the Board and Executive Management to protect the assets, reputation and sustainability of the Group. GIA provides independent assurance on management\xe2\x80\x99s awareness of risks and the effective execution of controls within their business activities (the first line) and of the relevance, effectiveness and monitoring of risk and related controls maintained by the Risk Framework Owners and Policy Owners (the second line).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\xe2\x80\x99s valued behaviours. GIA methodology has defined \xe2\x80\x9cHabits of a Human Auditor\xe2\x80\x9d which are aligned to the Group\xe2\x80\x99s valued behaviours and communicated across the function.In addition to the responsibilities defined in the Audit Charter, the Senior Audit Manager is expected:

• To act as a Team Leader on assigned audit work involving Transaction Banking (TB) across the Group. This will entail managing the auditors working on the audit to deliver the Audit Planning Memo, Risk Control Matrix and Control Testing documents, agree issues and action plans with management and the submission of the draft report to the Team Manager for review.
• 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 the GIA methodology and standards.
• To clearly identify the risks and impact to clients, the TB business and the Group. To agree these issues with management during audit and obtain quality management action plans to mitigate the risks identified.
• When opportunities arise, to act as Team Manager and take responsibility for overseeing the delivery of high-quality audits, including finalising of audit issues and the audit report.
• To support the Product Head of Audit (PHoAs) to undertake the responsibility for the design and implementation of department wide exercises such as annual audit planning and risk assessment.
• To support GIA audit teams by providing product/ country knowledge. Where applicable, supports country audits in the execution of TB related audits.
• To attend and present at committees/ forum on behalf of the PHoAs or for their own area of responsibility.
• The individual will support the PHoAs in their role as the GIA portfolio/country subject matter expert, depending on the skills of the individual.
• During issue validation, all management action plans agreed should be tracked through to completion in accordance with methodology requirements.

As a Portfolio Champion, the Senior Audit Manager is expected to drive the Transaction Banking Trade & Working Capital Products portfolio:

• Stakeholder meetings \xe2\x80\x93 Quarterly meeting notes
• Prepare Quarterly Continuous Risk Assessment updates
• Half-yearly sharing of portfolio updates to the CCIB Top Team
• Risk assessment and Audit Plan development
• Maintenance of Permanent Audit Files and Master PRCMs
• Socialisation of knowledge and updates to the wider team (e.g. organising and conducting webinar trainings, sharing of portfolio developments via memos, etc).

StrategySupport the PHoAs where required:

• To take responsibility and contribute to the GIA risk assessment and design the subsequent risk-based audit plan for the TB portfolio.
• Audits should address the key risks identified in the detailed risk assessment and in the audit planning process and meet the relevant regulatory requirements and expectations that are required to be covered by GIA.
• Consider whether the assigned audit plan remains relevant throughout the year as the risk profile of the Financial Markets business changes. Propose changes as appropriate.
• Make sure the audit team operates in line with the Audit Charter during engagements, remains independent from management and free from interference.

Business

• Assist the PHoAs 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.

People & TalentShare knowledge to increase subject matter expertise within the function:

• Demonstrate strong leadership and ability to motivate and guide the team members during the audit execution.
• Influence change within the department by highlighting potential enhancements.
• Facilitate the development of audit team members by providing on the job training and recommending formal training to support GIA activities.

Risk Management

• Establish good working relationships and networking to help the businesses and second line improve the control environment and monitor changes impacting the risk profile.
• To attend and represent GIA at formal committees and forums and working groups, providing meaningful challenge and data-driven insights, as required.
• Promote early identification and escalation of risks, issues, trends and developments to relevant stakeholders.
• Serve as the GIA portfolio subject matter expert \xe2\x80\x93 proactively engage with peers and stakeholders to maintain, build and share knowledge.

Governance

• In absence of the PHoA, participate in audit tollgates to provide, independent challenge at key points in the audit process, make sure appropriate risks and coverage of audit scope, appropriateness of conclusions and issues raised.
• Be able to clearly explain the outcome of audits and the issues; as well as ensure that the results are reasonably justified and hold up under scrutiny.
• Propose changes to the audit plan to the PHoA, as appropriate, so that the audit plan remains relevant.
• Lead by example on how to communicate audit-related matters and resolve any conflict between auditors and auditees during the course of an audit.
• Delays in the execution of audit work should be escalated in a timely manner, both to auditee management and GIA management.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Lead the Transaction Banking audit team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.

Key stakeholders

• Establish and maintain effective working relationships with the management of business units which fall under portfolio responsibility.
• Effectively manage external stakeholders such as regulators and reviewers.

Other Responsibilities

• Embed \xe2\x80\x98Here for Good\xe2\x80\x99 and Promote Group\xe2\x80\x99s valued behaviours in GIA, and
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

• Education - Bachelor\xe2\x80\x99s Degree /Masters in related field
• Training - Bank Wide And Role Specific Training
• Certifications - Professional Qualification Preferred

Role Specific Competencies

• Stakeholder Engagement
• Risk Assessment
• Audit Execution
• Audit Report Writing
• Continuous Monitoring
• Deep understanding of business and regulatory environment of Trade and Working Capital Products
• Strong communication skill, both written and verbal, with ability to clearly explain risks and controls to audit and business management, subsidiary/venture board committees, and external parties such as regulators.
• Strong ability to manage a culturally diverse and geographically dispersed audit teams.

About Standard CharteredWe\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

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