Senior Audit Manager, Third Party

Job Summary

• Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to join our Third Parties (TP) and Operational Risk GIA Team.
• We engage Third Parties for a wide variety of goods and services to effectively run our business. All third-party engagements must be managed appropriately in accordance with the underlying risks throughout the lifecycle - from sourcing, onboarding, Day 2 vendor management to exit.
• This is a role that provides exposure to auditing and risk management of Third Party risks at a global scale and offers significant career development opportunities. There will be opportunities to learn about Group framework, policies, and standards across Principal Risk Types with a focus on third-party risks to influence and drive changes.
• 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.
• You will also get to learn about different Risk Types and get to engage with different Risk Groups relevant to Third Parties such as Supply Chain Management, CISO, CISRO, Compliance (including Anti-Bribery and Fraud), Data Privacy, Resilience, Group Operational Risk, etc.

Key Responsibilities

GIA represents the third line of defence whose primary role is to help the Board and Executive Management to protect the assets, reputation, and sustainability of the Group. GIA provides independent assurance on the management’s awareness of risks and the effective execution of controls within their business activities (the first line) and of the relevance, effectiveness, and monitoring of risk and related controls maintained by the Risk Framework Owners and Policy Owners (the second line).

As defined in the Audit Charter, all staff in GIA must exhibit the highest level of professional objectivity at work. 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.

Skills and Experience

In addition to the responsibilities defined in the Audit Charter to protect the assets, reputation, and sustainability of the group. The Senior Audit Manager is expected:

• To act as a Team Leader and take responsibility for overseeing the planning and execution of the audit, maintaining the audit budget, including drafting of audit programmes, audit issues, and the audit report.
• To act as a Team Member on assigned audit work involving Third Party Risk across the Group and support the Team Leader/ Team Manager by executing audit planning, fieldwork, and reporting for work assigned in an efficient and effective manner such that audit work meets the given budget, quality standards and timelines.
• Support the Team Manager / HOA 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 GIA.
• Ensure timely escalation of delays in execution of audit work, to HOA, auditee management, and GIA management.
• Provide clear guidance, detailed review, and supervision of the audit team’s work so that audit deliverables meet quality standards and timelines in line with the GIA methodology;
• Apply an in-depth understanding of, and compliance with, GIA methodology standards and the GIA system in all areas of assigned GIA activity.
• Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the GIA system, so that audit work is carried out to a high standard that meets all methodology and GIA system requirements.
• 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 outputs of high quality which address the areas of greatest risk.
• Evaluate quantitative and qualitative data (using data analytics) to diagnose underlying issues, patterns and root causes.
• Monitor/track assigned audit issues and action plans, and report overdue items to the Head of Audit (HOA) for resolution.
• To support GIA audit teams by providing product / country knowledge and expertise for their audits relating to the individual’s area of responsibility.

Qualifications

People & Talent

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• Build good working relationships with the business to facilitate execution of audit work, help improve the control environment and keep updated with changes in the risk profile of the business.

Risk Management*

• 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.
• Be prepared to raise issues/concerns outside the normal audit process.
• Review MI and reports regularly to keep up-to-date with key trends within the business.

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.

For further information, and to apply, please visit our website via the “Apply” button below.