JOB SUMMARY

• 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 activities or processes 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.

RESPONSIBILITIES

• The responsibilities defined in the Audit Charter to protect the assets, reputation, and sustainability of the group, the Head of Audit will lead on the delivery of the GIA Strategy for their respective portfolio. 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 Head of Audit, CIB Technology to lead our portfolio within the GIA Transformation, Technology and Operations function.
• This role includes the strategy and management of audit deliveries across applications and technology processes supporting the above-mentioned domain. 
• This role needs to be in Hong Kong.
• Strategy

• Contribute to the GIA risk assessment and design the risk-based audit plan for the portfolio.
• Design and own audits to address key risks and regulatory requirements/ expectations. 
• Assess the continued relevance of the audit plan throughout the year and propose appropriate changes.
• Ensure that audit team operates in line with the Audit Charter during engagements, remains independent from management and free from interference.
• Business
• Effectively manage the time allocation of audits within allocated budget.
• Identify and implement opportunities for improved productivity in own audits.

Processes

• Audit Delivery
• Perform, support, or lead where directed, the planning, fieldwork, and reporting of internal audit engagements to deliver agreed assurance objectives to established GIA standards and timelines.
• Deliver quality audit reports that are effectively written with practical, actionable, measurable and value-added recommendations. 
• Share knowledge, skills and experience with team members and the wider GIA on risk management of technology enabling key business processes and clients. Assist in conducting training sessions for GIA Stakeholders on topics related to emerging risk themes. 
• Assist in standardisation and documentation of processes, risks, and controls and work with internal stakeholders to build comprehensive and simple test procedures. Liaise with technology and business standard owners where required. 
• Assist to track and consolidate all team specific related audit issues raised by GIA, Regulators or Monitors and provide periodic updates to internal GIA Management and senior risk committees of the Bank.
• Apply an in-depth understanding of, and compliance with, GIA methodology standards and the GIA system in all areas of assigned GIA activity. 
• Evaluate quantitative and qualitative data (using data analytics) to diagnose underlying issues, trends and root causes.
• Monitor and track assigned audit issues and action plans, and report overdue items to the respective Head of Audit (HOA) for resolution.

• Adopt an anticipatory approach to risk assessment through stakeholder engagement and monitoring of the external environment to improve audit planning.
• Review MI and reports regularly to keep up to date with key trends within the business and audit deliverables. 
• Stakeholder Management
• Establish and maintain effective working relationships with the management of relevant business units.
• Successfully manage external stakeholders such as regulators and reviewers. 

​​​​​​​Governance

• Attend and represent GIA at formal committees and Group meetings, providing meaningful challenge and data-driven insights.
• Manage the stakeholders and establish good working relationships to help the businesses improve the control environment.
• Lead by example on how to communicate audit-related matters and resolve any conflict during an audit. 
• Use network and relationships to build engagement and achieve results.
• Escalate delays in the execution of audit work, both to business and GIA management.
• Be able to clearly explain issues, along with the risks and root causes to GIA and business management. Use language designed to be understood by non-experts.

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.
• Lead the GIA CIB Technology team  to achieve the outcomes set out in the Bank’s Conduct Principles. 
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Designated business/technology stakeholders, 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
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Understand, acknowledge and comply with the requirements on individual accountabilities and responsibilities of the job set out in applicable local laws and regulations as well as SCB internal policies 
• Effectively ensure and intensify internal controls by keeping abreast with developments of applicable local laws and regulations on accountabilities 
• Perform job duties with diligence, contribute to efforts as an individual or as a team member so as to avoid any actual or potential legal sanctions, regulatory penalties, material financial loss, or adverse reputational impact on the Bank 
• Be responsible for failure to follow relevant rules and processes, failure to properly perform the responsibilities, and implement corrections 
• Cooperate with any investigations or reviews on regulatory failure such as accountability review 
• Properly perform the duties on management and ensure the effectiveness of internal control
• Be responsible for regulatory failure or risks arising from or in connection of the event over which the employee has the duties of management and/or leadership 

• Be responsible for significant losses due to failure of effectiveness of internal control 
• Properly perform the duties on supervisory, audit and risk control, including but not limited to 
• Contribute in the formulation or amendment of audit, risk control and accountability policies 
• Participate in the internal investigations or reviews on regulatory failure such as accountability review 
• Be responsible for regulatory failure or risks arising from or in connection of failure to perform the duties on supervisory, audit and risk control 

Role Specific Technical Competencies

• Financial Services
• Audit
• English (Written / Spoken)
• Risk and Controls
• Information and Cyber Security
• Information Technology
• Operational / Technology Risk Management
   

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.