Job Summary

We are looking for a Senior Audit Manager - AML who will be responsible for representing Group Internal Audit (GIA) in the third line of defence, providing assurance when it comes to effectiveness of management’s control of business activities (the first line) and as well as controlling that the internal processes maintained as per the Risk Framework Owners and Policy Owners (the second line).

You will further be expected to work within GIA and with the Group's other control functions, such as Finance, Risk and Compliance, but does not place unqualified reliance on their work. GIA is a 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. You will be expected to 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. You will further be expected to strive to operate as role models for the Group’s valued behaviours. 

That's said, we are looking for a dynamic and experienced strategic delivery partner to commit our “Habits of a Human Auditor” valued behaviours.  

Key Responsibilities

•    Provide ongoing continuous monitoring support to Heads of Audit (HOAs) in respect of the business and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses.
•    Attend formal committees and Group meetings on behalf of HOAs, as required, e.g. Governance Committees and Country Non-Financial Risk Committees.    
•    Issue validation: all audit issue action plans agreed during audit fieldwork should be tracked through to completion in accordance with methodology requirements

•    Support the HOA where required, in the development of the GIA risk assessment and development of an appropriate audit plan for the HOA’s assigned portfolio.
•    Ensure that the audit team operates in line with the Audit Charter during engagements, remains independent from management and free from interference.

•    Assist the HOA to effectively manage the cost of assigned audits within the allocated budget for audit engagements as well as external stakeholders such as regulators and reviewers. 
•    Identify and implement opportunities for cost savings and optimal productivity of assigned audit engagements. 
•    Establish and maintain effective working relationships with the management of business units which fall under risk assessment responsibility. 

•    Influence change by identifying growth areas at the start of each audit, and discuss with the Team Manager on how best to develop them during the work.
•    Provide, review and agree for a written performance feedback to team members at the end of an audit together with Team Manager.
•    Facilitate the development of audit team members by providing on the job training and recommending formal training to support GIA activities.

•    Support the HOA 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.

Additional Responsibilities

•    To act as a Team Lead or Team Manager on assigned audit work involving the US Financial Crime Compliance Program. This will entail managing auditors to deliver an Audit Planning Memoranda, control testing documentation, issue and action plan drafts and production of draft reports for GIA management review.
•    Provide technical input and challenge on audit work being undertaken within the scope of assigned product / country area of responsibility. This will include working with the audit team to produce high quality outputs which address the risk. 
•    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. 
•    Take the lead in presenting the draft report in the GIA report review process (to the tollgate or report approver). 
•    Have a thorough understanding of the regulatory landscape and to ensure that all key regulatory concerns are covered in the audit scope. 
•    Monitor the implementation/delivery of the agreed issues/audit 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.•    Propose changes to audit plans to the HOA, as appropriate, so that the audit plan remains relevant; 
•    Lead by example on how to communicate audit-related matters and resolve any conflict between auditors and auditees during the course of an audit. Use networks and relationships to build engagement and achieve results; 
•    Escalate delays in the execution of audit work in a timely manner, both to auditee management and GIA management.
•    Be able to clearly explain issues identified along with the risks and root causes to GIA and business management, using language designed to be understood by non-experts.

•    Promote early identification and escalation of risks, issues, trends and developments to relevant stakeholders. Be prepared to raise issues/concerns outside the normal audit process.
•    Attend relevant meetings relevant to assigned country / product area (e.g. Management Groups and Committees) at the 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. 
•    Adopt an anticipatory approach to risk assessment through stakeholder engagement and monitoring of the external environment to improve audit planning. 

Qualifications, Skills and Experience

•    7-10 years overall experience as an auditor with 2-3 years of AML experience (either working within an AML function/AML auditing).
•    Experience leading AML audit engagements with a firm understanding of the planning and risk assessment processes within a 3rd line of defense assurance function.
•    Experience working in a Foreign Banking Organization preferable.
•    Effective collaborative skills that contribute to positive working relationships with counterparts in Group Internal Audit and the business.
•    In-depth understanding of correspondent banking, enterprise risk management, investment and/or wholesale banking regulations, the associated US regulatory requirements/expectations and relevant control activities
•    CAMS certification preferred
•    Other Professional Certifications helpful: i.e.  CIA, CPA, CFE, CRCM
•    Strong communicator, both written and verbal, with an ability to influence and an ability to gain the respect of management, regional stakeholders, peers and their teams
•    Confident and courageous to raise/escalate issues in a pro-active, professional and timely manner as well as self-directed and able to work with minimum supervisio

•    In-depth understanding of 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.
•    Ability to work within a global team.

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.

Recruitment Assessments

Expected annual base pay range for the role is 106,190 USD to 159, 280 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers