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Primary Location: Asia-India
Schedule: Full-time
Employee Status: Permanent
Posting Date: 02/May/2022, 1:59:16 AM
Unposting Date: Ongoing
Job: Audit
Primary Location: Asia-India
Schedule: Full-time
Employee Status: Permanent
Posting Date: 02/May/2022, 1:59:16 AM
Unposting Date: Ongoing
About Standard Chartered
We’re an international bank, nimble enough to act, big enough for impact. For more than 160 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
- Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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 – 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.
Role Responsibilities
Strategy
- Support the HOA and SAMs where required, in the development of the GIA risk assessment and development of an appropriate audit plan for the HOA’s assigned portfolio;
- Propose audits for coverage during the audit cycle based on their knowledge of the business; and
- Carry out their role in line with the Audit Charter and remain independent from management and free from interference.
Business
- Assist the HOA to effectively manage the cost of assigned audits within the allocated budget for audit engagements.
- Assist the HOA to manage the relevant Product/Country clients, and establish good working relationships to help the businesses improve the control environment and keep updated with changes in the business impacting their risk profile;
- To communicate and share technical advice relating to financial crime to audit teams during planning and fieldwork
- Ensure clear communication of findings/issues/root causes to all relevant clients and monitor/escalate any overdue actions plans to the appropriate business manager and/or governance committee for resolution; and
- Ensure timely escalation of delays in execution of audit work, both to auditee management and GIA management.
Processes
- Participate as team member or team leader for assigned audit work and potentially lead the more complex audits such as cross-functional and multi-location high risk audits;
- Ensure that audit deliverables meet quality standards and timelines in line with the GIA methodology;
- Draft and submit inputs to the audit scope (including the Audit Planning Memo and Controls document) proposed by the Audit Lead;
- Assist in the drafting of the audit report in the GIA report review process; and
- Track the implementation/delivery of the agreed issues and action 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.
- Establish and maintain effective working relationships with the management of business units which fall under risk assessment responsibility.
People and Talent
- Demonstrate proactivity and positive engagement during team sessions;
- Influence change within the department by highlighting potential enhancements;
- Identify growth areas at the start of each audit, and discuss with the Audit Lead on how best to work on them during the work;
- Identify and successfully complete key internal training for self-development; and
- Support the HOA to proactively spot talent for GIA.
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;
- At the request of the HOA, attend relevant meetings (e.g. PSCs, Management Groups and Committees) 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; and
- Review MI and reports regularly to keep up-to-date with key trends within the business.
Regulatory & Business Conduct
- Display exemplary conduct and live by the Group’s Values and Code of Conduct;
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct;
- Contribute to the CCFC audit team in achieving the outcomes set out in the Bank’s Conduct Principles: Financial Crime Prevention and The Right Environment; and
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
- Designated business stakeholders, typically related to individual audit assignments and the assigned portfolio; and
- GIA stakeholders – team leaders, team members, team managers, Product, Functional, Country and Regional Heads of Audit.
Other Responsibilities
- Embed Here for good and Group’s brand and values in GIA; and
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Maintain up to date knowledge on trends and risks relating to financial crime
Our Ideal Candidate
- An experienced financial crime practitioner, who has carried out or overseen customer due diligence in past roles. While audit experience is a bonus, it is not a requirement.
- In-depth understanding of financial crime 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;
- CAMs qualified;
- 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 exercise good judgement and objectivity;
- Ability to work within a global team; and
- Ability to commit to limited business travel.
Visit our careers website www.sc.com/careers
