Audit Manager

Job Summary
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 are 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.

Purpose

• To act as a Team Member on assigned audit work involving Financial Crime risk across the bank.
• To act as Audit Team Member and Team Leader and take responsibility for overseeing the planning and execution of the audit, maintaining the audit budget, including drafting of audit issues and the audit report. The audits should meet relevant regulatory requirements and expectations, where applicable.
• To clearly explain the risks and impact of issues identified during testing to GIA and business management.
• To actively manage relationships with senior financial crime management and stakeholders.
• To support GIA audit teams by providing FCC subject matter expertise for their audits.
• To provide ongoing continuous monitoring support in respect of the business and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses.
• To attend and present at formal committees and Group meetings as required, e.g. Process Governance Committees and specific AML Risk Committees.
• The individual may support in department wide exercises such as annual planning, risk assessment, training and resourcing.
• Ensure that all audit issue action plans agreed during audit fieldwork are tracked through to completion in accordance with methodology requirements.

Responsibilities
Strategy

• Support the Head of Audit where required, in the development of the GIA risk assessment and development of an appropriate audit plan for Financial Crime
• 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 Head of Audit to effectively manage the cost of assigned audits within the allocated budget for audit engagements.
• Identify and implement innovation and data analytics for efficiencies, cost savings and optimal productivity of assigned audit engagements.

Processes
Audit Delivery

• Ensure GIA methodology is adhered to in all areas of the audit engagement, as well as raising team members' awareness and understanding of the methodology. Ensure that audit deliverables meet quality standards and timelines in line with the GIA methodology;
• Participate as team member or team leader for assigned audit work and potentially lead the more complex audits such as cross-functional and multi-location high risk audits;
• 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.
• Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the GIA system, to ensure that audit work is carried out to a high standard that meets all methodology and GIA system requirements.

Stakeholder Management

• Establish and maintain effective working relationships with the management of business units which fall under risk assessment responsibility.

Communication

• Assist the HOA to manage the relevant 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.
• 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;

People & Talent

• 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
• Demonstrate proactivity and positive engagement during team sessions;
• Be a team player and assist other team members if needed to ensure timely and smooth completion of audits and other tasks.
• Lead by example on how to communicate audit-related matters and resolve any conflict between auditors and auditees during an audit. Use networks and relationships to build engagement and achieve results.

Risk Management

• Support the Head of Audit 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;
• Attend relevant meetings relevant to assigned AML portfolio (Management Groups and Committees) in addition to 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.
• Be prepared to raise issues/concerns outside the normal audit process;

Governance

• Review MI and reports regularly to keep up-to-date with key trends within the business.
• Assist HOA by attending key financial crime committee meetings and also prepare the minutes to be tabled to senior 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;
• Contribute to the financial crime audit team in achieving the outcomes set out in the Bank's Conduct Principles: Financial Crime Prevention and 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
• 1Lod and 2LOD Compliance, Financial Crime and Conduct (CFCR) Process and Risk framework owner.
• GIA stakeholders – team leaders, team members, team managers, Product, Functional, 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, Business or Functional policies and procedures.

Qualifications, Skills And Attributes

• In-depth understanding of financial crime risk management and associated control requirements.
• An experienced financial crime practitioner or auditor with a minimum of 8 years relevant experience in financial crime and/or audit and data analytics in managing financial crime risks
• Strong communicator, both written and verbal, with ability to clearly explain controls to be tested and risks identified to audit and business management;
• ACAMS/ACFCS/Equivalent and/or audit certification preferred;
• Ability to work within a global team;
• Ability to commit to limited business travel.

Role Specific Technical Competencies

• Financial Crime risk management
• Communication
• Writing skills
• Audit Analytics
• Tableau/Power BI

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.