Job Summary

Group Internal Audit (GIA) serves as the third line of defence, providing independent assurance over management’s control of business operations (first line) and oversight functions maintained by Risk Framework and Policy Owners (second line). While GIA collaborates with control functions such as Finance, Risk and Compliance, it maintains full independence and does not rely solely on their work.

The function’s mandate is to safeguard the Group’s assets, reputation and long-term sustainability by supporting the Board and Executive Management with objective and balanced assurance. In line with the Audit Charter, auditors must demonstrate the highest standards of independence, objectivity and professional judgement, guided by the Institute of Internal Auditors (IIA) Definition of Internal Auditing, Core Principles, Code of Ethics and Professional Standards.

The role holder will lead delivery of the GIA strategy in Egypt, ensuring high-quality audits with minimal operational disruption, driving efficiency, supporting change, enhancing customer experience, and fostering a culture aligned with the Group’s valued behaviours. Accountability includes managing audit delivery, finalising audit issues and reports, and ensuring work is executed within budget, timelines and methodology standards.

Key Responsibilities

• Identify and clearly articulate audit risks, agree findings with management, and secure robust remediation plans.
• Ensure significant country risks are escalated appropriately and adequately covered within the audit cycle.
• Lead ongoing monitoring of assigned portfolios and maintain strong stakeholder engagement.
• Oversee annual audit planning, risk assessment and training activities while effectively coordinating audit team resources.
• Ensure auditors are appropriately qualified, trained and operating with independence and professional diligence.
• Address internal audit department challenges and escalate material matters to the Audit Committee.

Audit Delivery

• Lead assigned audits as Team Manager, supervising Team Leaders and audit staff to ensure delivery of planning documents, risk assessments, issue agreement and reporting outputs in line with GIA methodology.
• Provide technical guidance and coaching to audit teams.
• Review and challenge audit outputs to ensure focus on highest risk areas and quality standards.
• Present draft reports within the GIA review process and ensure adherence to systems and methodology requirements.
• Monitor implementation of agreed actions and escalate unresolved findings appropriately.

Strategy

• Ensure alignment between Egypt audit coverage and Group strategy, independently assessing key and emerging risks.
• Confirm that strategic initiatives are supported by adequate risk management from both functional and country perspectives.
• Maintain awareness of regulatory expectations, industry trends and evolving risks.
• Regularly reassess audit plans to ensure continued relevance based on shifting risk profiles.
• Preserve independence and adherence to the Audit Charter.

People & Talent

• Ensure adequate staffing levels with competent and independent professionals.
• Facilitate access to training and professional development aligned with regulatory and qualification requirements.
• Define clear accountability and performance expectations for direct reports.
• Provide leadership, coaching and succession planning.
• Foster a culture aligned with the Bank’s priorities and promote diversity and inclusion.

Business

• Manage audit engagement costs within allocated budgets and oversee overall GIA Egypt expenditure.
• Identify productivity improvements and cost efficiencies without compromising audit effectiveness.
• Oversee audit activity across functions, businesses and geographies as applicable.

Processes

• Contribute to development of the GIA Audit Plan through risk-based and top-down assessment approaches.
• Oversee execution of the Egypt audit plan while collaborating with functional audit teams to ensure comprehensive risk coverage.
• Maintain strong discipline in methodology application and technical audit standards.
• Demonstrate strong capability in financial analysis, evidence evaluation and stakeholder communication.

Risk Management

• Provide independent assurance over first and second line controls as part of the third line of defence.
• Proactively identify and escalate emerging risks and trends beyond standard audit cycles when required.
• Adopt forward-looking risk assessment through stakeholder engagement and environmental scanning.
• Challenge management to ensure appropriate risk identification and effective remediation plans.
• Review management information (MI) to track trends and audit performance.

Governance

• Maintain independence from management and prevent interference in audit activities.
• Ensure audit coverage includes governance processes in Egypt.
• Oversee compliance with regulatory and conduct standards.
• Build effective relationships with stakeholders to strengthen the control environment.
• Communicate audit findings clearly, including risks and root causes, in language accessible to non-specialists.
• Escalate delays or unresolved matters promptly.
• Promote adherence to ethical standards and the Group Code of Conduct.

Regulatory & Business Conduct

• Model exemplary conduct aligned with the Group’s values.
• Ensure compliance with applicable laws, regulations and internal policies.
• Support delivery of Conduct Principles, including Fair Client Outcomes, Effective Financial Markets, Financial Crime Compliance (FCC), and maintaining the Right Environment.
• Identify, escalate and resolve risk and compliance matters collaboratively.
• Exercise delegated authority from the Board in line with governance requirements.

Key Stakeholders

• Egypt Country Management Team (Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Risk Officer (CRO), Chief Operating Officer (COO), Heads of Legal, Human Resources (HR), Financial Crime Compliance (FCC), Business Units, Corporate Affairs).
• Local Regulators and appointed representatives.
• External auditors and professional service providers.
• Risk Committees and governance forums.
• Group Head of Internal Audit, GIA Chief Operating Officer (COO) team, Audit Committees.

Skills and Experience

•    Manage Conduct
•    Business Facilitation: Leading initiatives to improve Client experience, efficiency, and cost management  
•    Manage Conduct
•    Manage Risk
•    Manage Projects
•    Business Governance & Support: Projects investment governance, product, and process governance, etc.

Qualifications

• Bachelor’s degree and Master’s degree (or equivalent).
• Association of Chartered Certified Accountants (ACCA) or Associate of the Institute of Chartered Accountants (ACA) qualification.
• Minimum 15 years post-qualification experience, including at least 12 years in banking and 10 years within financial management or accounting, with at least 5 years in senior audit leadership.
• Extensive internal and/or external audit experience with governance exposure.
• Demonstrated experience with Egypt regulatory requirements and engagement with regulators.
• Professional audit certification preferred.
• Ability to travel internationally as required.

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.