Audit Manager, TPRM and Operational Risk Management

Overview

Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to join our Third Parties and Operational Risk Team. This role provides exposure to auditing and risk management of Third Party and the Operational Risk Management Framework at a global scale and offers significant career development opportunities. 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, vendor management to exit. This role primarily focuses on auditing Third Party risks from a Group perspective and the effectiveness of our Second Line of Defence particularly for Operational Risks. The role involves working on complex audits such as cross-functional and multi-location high risk audits and interacting with both Group and Country Stakeholders.

Responsibilities

• Act as a Team Leader and oversee the planning and execution of the audit, maintain the audit budget, draft audit programmes, audit issues and the audit report.
• 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 to meet budget, quality standards and timelines.
• Support the Team Manager / HOA to ensure scoping addresses key risks identified in risk assessments and audit planning, and meets regulatory requirements expected by GIA.
• Ensure timely escalation of delays in audit execution to HOA, auditee management and GIA management.
• Apply and comply with GIA methodology standards and the GIA system in all assigned activity.
• Evaluate quantitative and qualitative data (using data analytics) to diagnose 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.
• Provide Third Party and ORMF SME knowledge to GIA audit teams as needed.
• Provide ongoing continuous monitoring support to the HOA and raise issues outside of formal audits to expedite control rectification.
• Update relevant risk assessments regularly to reflect changes in risk profiles and propose updates to the audit plan as appropriate.
• Be prepared to raise issues/concerns outside the normal audit process.
• Review MI and reports to stay up-to-date with key business trends.

Key Stakeholders

• Designated business stakeholders related to individual audit assignments and assigned portfolio
• GIA stakeholders – team leaders, team members, team managers, Product, Functional, Country and Regional Heads of Audit

Skills And Experience Our Ideal Candidate

• 7+ years audit experience, preferably with Third Party risk experience (Outsourcing, Procurement or Third Party Risk Management) with a bank of global scale or Big-4 firm
• Experience in performing vendor onsite reviews across various vendor services or working with technology vendors (cloud) is an advantage
• Understanding of Third Party or Outsourcing risks across business strategy, plans, products, performance and related issues
• Strong leadership skills and experience leading/managing audit assignments
• Data analytics skills preferred
• Confident and proactive in raising/escalating issues in a timely manner
• Independent, self-motivated, able to handle ambiguity and solve problems
• Ability to analyse information objectively and think creatively in planning, fieldwork and reporting
• Initiative and willingness to learn and collaborate across teams
• Good time and project management, well-organised and able to prioritise to meet deadlines
• Certified Internal Auditor (CIA) / Certified Information Systems Auditor (CISA) preferred

Role Specific Technical Competencies

• Audit – Team Leading experience
• Third Party Risk Management
• Operational Risk Management Framework
• Data Analytics

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. 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. Our purpose is to drive commerce and prosperity through our unique diversity, together with our brand promise to be here for good, and we value difference and inclusion.

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your wellbeing. Benefits may include:

• Core bank retirement savings, medical and life insurance with flexible benefits
• Leave: annual leave, parental/maternity (20 weeks), sabbatical (12 months max) and volunteering leave (3 days); global minimum 30 days of leave
• Flexible working options based on home and office locations
• Wellbeing support through Unmind and other development resources
• Continuous learning culture with reskilling and upskilling opportunities
• Inclusive, values-driven culture celebrating diversity

Recruitment Process

Some roles use assessments to gauge suitability. If invited to an assessment, this indicates progression to an important stage. For further information and to apply, please visit the employer website via the “Apply” button below.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance
• Industries: Accounting

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