Standard Chartered Bank

Audit Manager - GCFO

Recruiter
Standard Chartered Bank
Location
Bangalore, Karnataka, India
Salary
Competitive salary
Posted
17 Jan 2021
Closes
18 Jan 2021
Ref
2100000171
Approved employers
Approved employer
Job role
Audit
Sector
Accounting - Public practice, Banking and financial services
Experience level
Manager
About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

Job Purpose
  • To act as a Team Member on assigned audit work involving Finance, Treasury, Third Parties and Property across the Group.
  • To act as Team Member and take responsibility for efficiently & effectively executing the audit work allocated by the Team Lead or Team Manager during the audit phases; planning, fieldwork, reporting and issue tracking in line with the GIA methodology.
  • To clearly explain the risks and impact of issues identified during testing to GIA and business management
  • The individual may support in department wide exercises such as annual planning, risk assessment and training.
  • To actively manage relationships with auditee management and stakeholders;
  • To support GIA audit teams by providing product/country knowledge and expertise for their audits relating to the individual's area of expertise;
  • To provide ongoing continuous monitoring support to the portfolios heads as well as the larger the GCFO team in respect of the business and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses; and
  • Issue validation: Ensure that all audit issues raised during audits and continuous monitoring engagements are tracked to completion in accordance with the methodology requirements.

Responsibilities

Strategy
  • Support the GCFO Audit Team where required, in the development of the GIA risk assessment and development of an appropriate audit plans
  • 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 (Budget)
  • Assist the GCFO Audit Team deliver assigned audits within the allocated budget.
  • Identify opportunities for efficiencies within audit work.

Audit Delivery
  • Participate as team member or team leader for assigned audit work and potentially lead the less complex audits.
  • Utilise analytics during performance of audits
  • 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 Controls document) 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.

Risk Assessment
  • Support the GCFO team 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 as appropriate;
  • Be prepared to raise issues/concerns outside the normal audit process;
  • Attend relevant meetings where requested (e.g. PSCs, 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 business units which fall under risk assessment responsibility.

People and 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
  • Proactively spot talent for GIA.

Governance
  • Support the GCFO team 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;
  • Support GIA to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment; and
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders
  • Designated business stakeholders, typically 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.

Other Responsibilities
  • Embed Here for good and Group's brand and values in GIA; and
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications, skills and attributes
  • Possess Audit experience with at least 5 years of relevant experience which includes auditing one or more of the following disciplines - Finance or Treasury.
  • In-depth understanding of governance, 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 exercise good judgement and objectivity ;
  • Ability to work within a global team;
  • Professional audit certification preferred; and
  • Ability to commit to limited business travel.


Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.

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