Job Summary

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.

Key Responsibilities

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 Commercial Institutional Banking (CIB) and Support Functions risk across the Americas.
• Totake responsibility for overseeing the delivery of high quality audits, including finalising of audit issues and the audit report;
• 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 and present at formal committees and Group meetings on behalf of the Head of Audit (HOA) or for their own area of responsibility, as required, e.g. Governance Committees and Country Non-Financial Risk Committees; and
• The individual will support the HOA in their role as the GIA portfolio/country subject matter expert, depending on the skills of the individual.
• Issue validation: all audit issue action plans agreed during audit fieldwork should be tracked through to completion in accordance with methodology requirements

• Support the HOA where required, in the development of the GIA risk assessment and development of an appropriate audit plan for the HOA's assigned portfolio;
• Support the HOA to confirm that audits assigned to the individual in the GIA audit plan address the key risks identified in the detailed risk assessment and in the audit planning process, and meet relevant regulatory requirements and expectations that are required to be covered by GIA;
• Support the HOA to assess the assigned audit plan to confirm that it remains relevant throughout the year as the risk profile of the business changes. Propose changes as appropriate; and
• Ensure that audit team operates in line with the Audit Charter during engagements, remains independent from management and free from interference.

• Assist the HOA 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.
• Assist the HOA in the management of external stakeholders such as regulators and reviewers.
• To act as a Team Lead or Team Manager on assigned audit work involving CIB Functions risks across the Americas. This will entail managing the auditors working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues and action plans with management and submission of draft report to the Team Manager for review;
• Provide clear guidance, detailed review and supervision of the audit team's work so that audit deliverables meet quality standards and timelines in line with the GIA methodology;
• Provide guidance on business/audit technical knowledge and management skills to team leaders and team members to enable them to effectively deliver their assigned contributions for an audit;
• Provide technical input and challenge on audit work being undertaken within the scope of assigned product / country area of responsibility. This will include working with the audit team to produce high quality outputs which address the risk;

Risk Management

• Support the HOA to update the relevant assigned risk assessments as part of the Continuous Risk Assessment on a regular basis so that changes in risk profiles are identified in a timely manner, proposing changes to the assigned audit plan to the HOA, as appropriate;
• Promote early identification and escalation of risks, issues, trends and developments to relevant stakeholders. Be prepared to raise issues/concerns outside the normal audit process;
• Attend relevant meetings relevant to assigned country / product area (e.g. Management Groups and Committees) at the request of the HOA 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;
• Adopt an anticipatory approach to risk assessment through stakeholder engagement and monitoring of the external environment to improve audit planning; and
• Review MI and reports regularly to keep up-to-date with key trends within the business.

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;
• Propose changes to audit plans to the HOA, 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. Use networks and relationships to build engagement and achieve results;
• Delays in the execution of audit work should be escalated in a timely manner, both to auditee management and GIA management;
• Be able to clearly explain issues identified along with the risks and root causes to GIA and business management, using language designed to be understood by non-experts; and
• Assist the HOA/ to manage the relevant Product/Country stakeholders, as appropriate, 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.
  

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.

Qualifications

• A minimum of 7-10 years overall experience as an auditor, preferably one or more of the following areas of subject matter expertise: regulatory compliance, correspondent banking, global banking, finance, technology, data and functions experience.
• Experience leading audit engagements with a firm understanding of the planning and risk assessment processes within a 3rd line of defense assurance function.
• 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.
• In-depth understanding of corporate and institutional banking, enterprise risk management, investment and/or wholesale banking regulations and associated control requirements;
• Professional Certifications preferred: i.e. CIA, CAMS, CPA, CFE, CRCM;
• Strong communicator, both written and verbal, with an ability to influence and an ability to gain the respect of senior 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;

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 thingand 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

Expected annual base pay range for the role is 106,000 USD to 160,000 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations

Visit our careers website www.sc.com/careers

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-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
• Proactive wellbeing supportthrough 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 cultureto 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.

www.sc.com/careers