Job Summary

Internal Audit 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). Internal Audit is an independent function whose primary role is to help the Board and Executive Management to protect the assets, reputation and sustainability of Standard Chartered Bank AG (SCB AG).

As part of the Internal Audit function at SCB AG, the Audit Manager has the following responsibilities:

• To act as a Team Member on assigned audit work across SCB AG and possible support within the Group;
• To act as 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; 
• To ensure that assigned audit work is executed in an efficient and effective manner, within the given budget and timelines, and in line with Internal Audit methodology standards;
• To clearly explain the risks and impact of issues identified during testing to Internal Audit and business management;
• To support the Head of Internal Audit in department wide exercises such as annual planning, risk assessment and training;
• To actively manage relationships with senior auditee management and stakeholders;
• To support GIA audit teams by providing local knowledge and expertise for their audits own relating to the individual’s area of expertise;
• To provide ongoing continuous monitoring support to the Head of Internal Audit and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses; and
• To attend and present at formal committees and management meetings deputising for and acting on behalf of the Head of Internal Audit, as required, e.g. SCB AG’s Non-Financial Risk Committee.
• Issue validation: Ensure that all audit issue action plans agreed during audit fieldwork are tracked through to completion in accordance with methodology requirements.

Key Responsibilities

• Support the Head of Internal Audit in the development of the Internal Audit risk assessment and development of an appropriate audit plan for SCB AG.
• Support the Head of Internal Audit to ensure that the scoping of audit work assigned addresses the key risks identified in the detailed risk assessment and in the audit planning process, and meets relevant regulatory requirements and expectations that are required to be covered by Internal Audit.
• Ensure that Internal Audit operates in line with the Internal Audit Framework and Group Internal Audit Methodology, remains independent from management and free from interference.
• Participate as team member or team leader for assigned audit work;
• 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);
• 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.
• Support the Head of Internal 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 Head of Internal Audit, as appropriate;
• Be prepared to raise issues/concerns outside the normal audit process;
• At the request of the Head of Internal Audit, attend relevant meetings (e.g. 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.
• Ensure timely escalation of delays in execution of audit work, both to auditee management and the Head of Internal Audit.
• Manage in cooperation with Head of Internal Audit external stakeholders such as local regulators, external auditors and reviewers.

Skills and Experience

• In-depth understanding of SCB AG’s 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;
• Exercise professional judgment, objectivity and discretion
• Ability to work within a global team.

Qualifications

• EDUCATION     
  • Experience in audit, governance, risk or in a business environment
  • Professional audit certification preferred
• LANGUAGES     English, German 
   

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.