Senior Audit Manager

**Organization**:At CommBank, we never lose sight of the role we play in other people’s financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets, and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas, and energy all contribute to the impact that we can make with our work. Together we can achieve great things.

**Job Title**:Senior Audit Manager - Financial Crime and Fraud
**Location**:Bangalore, Manyata Tech Park

**Business & Team**:
Group Audit & Assurance (GA&A) is the Internal Audit function of the CBA Group, also called the Third Line of Accountability (Line 3). It provides independent, objective and commercial risk focused assurance to the Board Audit Committee to assist the Group in securing and enhancing the financial wellbeing of its stakeholders.
The Financial Crime & Regulatory Compliance team is responsible for appropriate coverage of key risks across all CBA Business lines, Support Functions and CBA Offshore branches. This includes coverage of a range of Financial Crime topics such as AML, Embargo & Sanctions, Anti-Bribery & Corruption (AB&C), and Regulatory Compliance reviews.
The team has a direct reporting line into the General Manager - Financial Crime, Fraud, Privacy, Regulatory Compliance & CBA India.

**Impact & Contribution**:

- Oversee and deliver a professional and highly valued audit service to the business and Group’s Audit & Risk Committees.
- Provide objective assurance on risk management to key customers (e.g. Group Executives and their leadership teams) to secure the financial wellbeing of the Bank’s customers. Identify issues together with risk and commercial insights as part of high quality audit reports, which help customers to make a difference to their business.

**Roles & Responsibilities**:
Audit Delivery
- Assist the EM in building a dynamic, risk-based Audit Plan and provide input to refresh this at least quarterly, to appropriately capture key and emerging risks.
- In line with the CBA Internal Audit Methodology, oversee effective and efficient assurance to enable complete and collaborative delivery of the Regulatory Compliance and Financial Crimes Audit Plan
- Effectively lead and participate in all aspects of audit (Planning, Fieldwork, Reporting and Audit closure and Issue validation) and ensure the delivery against set timelines, proactively identifying and addressing any issues through to audit closure.
- Administer audits within the audit electronic workflow system, including all aspects of high quality working paper documentation, key date fields, audits status and timely approval of key audit stage gates.
- Test Regulatory Compliance requirements by re-engineering and identify opportunities for process improvements in auditable areas
- Draft and review issues based on issue writing standards, agree on factual accuracy with the Auditee. Support the EM in presenting Very High and High risk rated issues to the Management.
- Prepare simple, pragmatic and easy to read reporting for EM’s review, including the audit reports and inputs to the senior management and Board committees.
- Support the QA program, by timely and effective delivery of QA file reviews, adhering to QA standards and addressing any QA feedback promptly and effectively. Use analytics during audits to drive efficiency and providing deep risk insights (e.g. KRI monitoring to drive audit scope, targeted sample selection and audit testing)

Stakeholder Management
- Collaboratively work with audit peers and management to provide a holistic end to end view of risks across business and functions.
- Support the EM in building and sustaining independent objective relationships with Line 1, Line 2 risk management, Project Steering committees, professional services firms and external auditors to ensure that appropriate assurance coverage is provided. Develop strong network and relationships within GA&A, internally within the Bank and externally, to enable effective knowledge sharing within the Function and the Group.

Contribution to Business & Cost Management
- Effectively manage expenses, making sure that all the expenses are in line with the Group's expense policy.
- Deliver high value advice by identifying issues, insights and productively opportunities that can lead to increased efficiency and enable pragmatic business change.
- Identify opportunities to participate in Global thematic audits, benchmarking and identifying trends across Group and share learning and best practices.
- Proactively monitor emerging financial crime and fraud risks to provide early identification and resolution of risk indicators and areas of concerns for the Group. Support EM to effectively resource audits and manage audits expenses such as staff costs, travel and consultant expenses within the allocated budget.

Leadership & People Management
- Drive high performance b