Senior Audit Manager

Job Description

* 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. Its 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. Were 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.The Role Responsibilities The role is responsible for executing audits covering Digital Channels and Data Analytics and in particular, Data Management risk. Effective management of Data is not only a regulatory obligation, but also an enabler of the Group s strategic priorities and a foundation for building client trust aligned with our brand promise Here for good . By managing Data effectively, the Group can realise its ambition to be a Data-driven organisation that leverages Data and analytics to make business decision and better serve our client, including:
• Enhanced personalised client experience, through Data and analytics capabilities to generate an understanding of clients and their needs, and in turn improving our client offering;
• Driving more effective operational, compliance and conduct processes through machine learning and artificial intelligence; and
• Complying with regulatory expectations and laws on privacy, records management and Data quality.
• Failure to effectively manage Data may lead to adverse client outcomes, breaches of regulatory requirements that could attract regulatory scrutiny, and/or damage the Group s reputation.
• As a result, there are increased audit requirements, both regulatory and risk-based that demands technical expertise and engagement with senior stakeholder(s) at the Group-level.
• Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Senior Audit Manager to join our Digital Channels and Data Analytics GIA Team within the CCIB, Sustainability and SCV portfolio.
• This global role includes executing audits across the data lifecycle, covering aspects such as Data Quality, Data Privacy, Data Sovereignty, Enterprise Metadata, Reference Data, Archival & Records Management, Data Ethics and Artificial Intelligence.
• This role will get to work on more complex audits such as cross-functional and multi-location high risk audits and will also provide you the opportunities to interact and engage with both Group and Country Stakeholders.
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 Groups 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.
• In addition to the responsibilities defined in the Audit Charter to protect the assets, reputation and sustainability of the group. The role will lead on the delivery of the GIA Strategy for the portfolio referred to above focusing on:
• Customer experience
• Effective Group change
• Identifying Group efficiencies and avoiding disruption from audit
Audit Delivery
• To act as a Team Leader on assigned audit work involving DCDA. This will entail managing the auditors working on the audit to deliver the Audit Planning Memo, Controls Testing document (RCM), obtain factual accuracy of audit issues raised and work with management to agree upon the action plans, and submission of draft report to the Team Manager for review.
• 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 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 impacts during audit issue identification. Apply The Writer s writing style in both audit issues and audit report. Obtain quality management action plans to mitigate the risks identified.
• Build and maintain engagement with stakeholders. This is to support continuous monitoring efforts.
• Support PHoA 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 DCDA related audits.
• To attend and present at committees/forum on behalf of PHoA or for their own area of responsibility.
• The individual will support the PHoA in their role as the GIA portfolio/country subject matter expert, depending on the skills of the individual.
• During issue validation, all audit issue action plans agreed during audit fieldwork should be tracked through to completion in accordance with methodology requirements.
• Socialisation of knowledge with the wider GIA team through the conduct of trainings.
Strategy
• Support the PHoA where required:
• To take responsibility and contribute to the GIA risk assessment and design the subsequent risk-based audit plan for the DCDA portfolio.
• Audits assigned to the individual in the GIA audit plan should 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.
• Consider whether the assigned audit plan 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.
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Keyskills :
internal auditstatutory auditincome taxaccountingaccountson thetrainingcode of ethicsfield workcredit riskdata qualitydata privacycost savingsdata analyticsreference data