Audit Manager, China Technology

Job Summary

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 activities or processes 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.

RESPONSIBILITIES

• Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to
• Act as a Team Member on assigned audits mainly related to Application Technology;
• Act as Team Leader and take responsible for audit delivery, include but not limited to audit planning, executing, issue draft and communication, and report writing, etc;
• Ensure that assigned audit work is executed in an efficient and effective manner, within the given budget and timelines, and in line with GIA methodology;
• Risk based thinking. Can clearly communicate the risks of issues identified during testing to GIA and business stakeholders;
• The individual may need support department wide tasks such as annual planning, risk assessment and training;
• Actively manage the relationships with senior stakeholders;
• Provide continuous monitoring support to Heads of Audit (HOAs) and Senior Audit Managers (SAMs) in respect of the business and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses; and
• Attend and present at formal committees and Group meetings on behalf of HOAs and SAMs, as required, e.g. Governance Committees and Country Non-Financial Risk Committees.
• Issue validation: Ensure that all audit issue action plans agreed during audit fieldwork are tracked through to completion in accordance with audit methodology.
• May need support GIA innovations.
• This role needs to be in Shanghai, China and foreign candidates need to have China work permits.

Strategy

• Support the HOA and SAMs 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 to effectively manage the cost of assigned audits within the allocated budget for audit engagements.
• Identify opportunities for efficiencies within audit work.

Key Responsibilities

Audit Delivery

• Perform, support, or lead where directed, the planning, fieldwork, and reporting of internal audit engagements to deliver agreed assurance objectives to established GIA standards and timelines.
• 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.
• Share knowledge, skills and experience with team members and the wider GIA on risk management of technology enabling key business processes and clients. 
• Assist in conducting training sessions for GIA Stakeholders on topics related to emerging risk themes.
• Assist in standardisation and documentation of processes, risks, and controls and work with internal stakeholders to build comprehensive and simple test procedures. 
• Liaise with technology and business standard owners where required.
• Assist to track and consolidate all team specific related audit issues raised by GIA, Regulators or Monitors and provide periodic updates to internal GIA Management.
• Apply an in-depth understanding of, and compliance with, GIA methodology standards and the GIA system in all areas of assigned GIA activity.
• Evaluate quantitative and qualitative data (using data analytics) to diagnose underlying issues, trends and root causes.
• Monitor and track assigned audit issues and action plans, and report overdue items to the respective Head of Audit (HOA) for resolution.

Personal Behaviours

• Role model the valued behaviours and develop an environment which celebrates positive behaviours and challenges poor culture.
• Serve as the GIA portfolio subject matter expert – proactively engage with peers and stakeholders, to maintain, build and share knowledge.
• Proactively seek an external lens to support delivery of meaningful audit work.
• Support GIA audit teams, by supplying product knowledge and expertise for their audits.
• Take responsibility for the implementation and support of department-wide exercises, such as annual planning, risk assessment and training.

People & Talent

• Demonstrate proactivity and positive engagement during team sessions.
• Influence change within the department by highlighting potential enhancements.
• Identify growth areas at the start of each audit, and discuss with the Audit Lead on how best to work on them during the work.
• Identify and successfully complete key internal training for self-development; and
• Support the HOA to proactively spot talent for GIA.

Skills and Experience

Risk Management

• Support the HOA to update the relevant assigned risk assessments on a regular basis to ensure that changes in risk profiles are identified in a timely manner, proposing changes to the assigned audit plan to the HOA, as appropriate.
• Be prepared to raise issues/concerns outside the normal audit process.
• At the request of the HOA, attend relevant meetings (e.g. Management Groups and Committees) to keep up-to-date on key business matters and provide the right challenge to ensure risks are appropriately identified, discussed and timely remediation plans are put in place; and
• Review MI and reports regularly to keep up-to-date with key trends within the business.

Stakeholder Management

• Establish and maintain effective working relationships with the management of relevant business units.

Governance

• Assist the HOA to manage the relevant Product/Country clients, and establish good working relationships to help the businesses improve the control environment and keep updated with changes in the business impacting their risk profile;
• Ensure clear communication of findings/issues/root causes to all relevant clients and monitor/escalate any overdue actions plans to the appropriate business manager and/or governance committee for resolution; and
• Ensure timely escalation of delays in execution of audit work, both to auditee management and GIA management.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s 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.

Key stakeholders

• Designated business stakeholders, related to individual audit assignments and the assigned portfolio; and
• GIA stakeholders – team leaders, team members, team managers, Product, Functional, Country and Regional Heads of Audit.

Qualifications

• Audit
• English (Written / Spoken)
• Risk and Controls
• Information Technology
• Operational / Technology Risk Management
• Data Analytics

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 offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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.

For further information, and to apply, please visit our website via the “Apply” button below.