Country Senior Audit Manager - Corp Institutional & Commercial Banking

  • Competitive
  • Kuala Lumpur, Federal Territory, Malaysia
  • CDI, Plein-temps
  • Standard Chartered Bank Malaysia Berhad
  • 11 déc. 17 2017-12-11

Country Senior Audit Manager - Corp Institutional & Commercial Banking

  • To provide an independent assessment of the adequacy and effectiveness of internal controls and compliance of the Businesses and Functions in the country with laws, regulations and internal policies.
  • To provide assessments on the state of controls within business units and country.
  • To ensure local audit activities in the country are executed as required by local regulatory requirements and provide country management with assurance that local regulatory audit requirements as well as the expectations of the local regulator are fully met.
  • To assist the Country Head of Audit (CHOA) in leading and supporting the audit team by contributing to the overall GIA audit coverage and assignment. Priority for candidate with product knowledge and expertise, particularly on Corporate & Institutional Banking (CIB) and Commercial Banking (CB).
  • To contribute towards a country risk assessments to enable the Country Head of Audit (CHOA) to provide input to Business & Risk, Compliance & Support audit teams to determine their detailed audit plans.
  • To contribute towards an anticipatory approach to risk assessment to Group Internal Audit (GIA) by highlighting issues through good stakeholder communication in order to improve audit planning.

Key Roles and Responsibilities

Audit Strategy
  • Support the CHOA 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 any regulatory requirements and expectations.
  • Support the CHOA in the development of the GIA Risk Assessment and development of an appropriate audit plan for the CHOA's assigned portfolio.

  • Build good working relationships with the business to facilitate execution of audit work, help improve the control environment and to keep updated with changes in the risk profile of the business.
  • Conduct/ attend regular meetings with assigned business stakeholders.
  • Provide assigned stakeholders (approved by CHOA) with regular value adding reports and updates, as appropriate, on risk trends, emerging risks and GIA's opinion on the state of the control environment.
  • Ensure communication of the overall audit opinion and the supporting findings/ issues/ root causes to all relevant stakeholders.
  • Monitor and escalate assigned audit issues and action plans, and report overdue items to the appropriate Team Manager/ CHOA for escalation to the appropriate business manager and/ or governance committee for resolution.
  • When acting as Team Leader:
    • Manage timely communications with auditees, including the audit notification, terms of reference, hold regular fieldwork discussions to ensure expectations are clear and that there are no surprises, and facilitate the debrief meeting with auditee management at the end of an audit.
    • Ensure timely escalation of delays in conformance with GIA methodology timelines, to both auditee management and GIA management.
  • Develop an external network through participation in external and professional forums.

Audit Process
  • Support the Team Manager by executing audit planning, fieldwork, reporting and issue tracking for work assigned in an efficient and effective manner such that audit work meets the given budget, quality standards and timelines required by the GIA methodology.
  • Apply an in dept understanding of GIA methodology standards and practices in all areas of assigned GIA activity.
  • When acting as Team Leader:
    • Manage the on-the-ground working relationship with auditees to ensure that they understand the audit process. Ensure that expectations are clear for all parties to facilitate the smooth progress of the audit.
    • Provide clear guidance to team members, supervise and carry out a detailed review of their audit work to ensure that methodology requirements are adhered to in all areas of GIA activity as well as raising team members' awareness and understanding of the methodology.
    • Proactively engage the Team Manager to ensure that audit deliverables meet quality standards and timelines required by the GIA methodology.
    • Provide guidance on technical knowledge and management skills to team members to enable them to effectively deliver their assigned contributions for an audit.

Risk Assessment
  • Assist in the early identification and escalation of risks, issues, trends and developments for reporting to the CHOA. Raise issue/ concerns outside the normal audit process, where appropriate.
  • For assigned audits (and the portfolio, where applicable), engage with the Team Manager on the status of rollout of the Operational Risk Framework and effectiveness of ORMAF/ ORF.
  • Adopt an anticipatory approach to the assessment of risk through stakeholder engagement and the monitoring of the external environment to improve audit planning.
  • Regularly review Country related MI and reports to keep up-to-date with key trends within the business.
  • Attend Country meetings (e.g. BORF) when requested by the CHOA, to keep up-to-date on key business matters and to provide the right challenge to ensure risks are appropriately identified, discussed and timely remediation plans are put in place.

Budgets/ Costs
  • Effectively manage T&E costs within the allocated budget for audit engagements where assigned as Team Leader (or Team Manager).
  • Identify and implement opportunities for costs savings and optimal productivity of assigned audit engagements.

People and Talent
  • Demonstrate leadership and ability to motivate and guide audit team members.
  • Influence change within the business.
  • Ensure correct capacity planning for assigned audits so that the audit team can fulfil the scope of an audit engagement effectively and efficiently.
  • Facilitate the development of direct reports to grow them in their careers.
  • Provide on the job training and recommend formal training for direct reports or audit team members to support the GIA activity.
  • To be the CIB and CB portfolio expert to provide coaching and assistance to team members.
  • Support the CHOA to proactively spot talent for GIA.

  • Ensure compliance with the highest standards of regulatory conduct and compliance practices as defined by internal and external requirements.
  • Adopt the Group's values and code of conduct in GIA to ensure adherence with the highest standards of ethics and compliance with relevant policies, processes and regulations.

Key Stakeholders
  • Designated individual business key stakeholders, typically related to individual audit assignments.
  • Effective engagement and good relationship with local regulators.

Other Responsibilities
  • Adopt Here for Good and the Group's brand and values.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures where relevant.
  • To be the local champion and liaison for CIB and CB related audit matters.
  • To be an audit specialist for CIB and CB portfolio and participate in other cross functional/country audits (if required).

Qualifications and Skills

  • Experienced internal auditor, risk professional or business practitioner.
  • Strong knowledge and background in the country's local regulatory requirements and understanding in key risks involved in end to end retail and/or corporate products.
  • Minimum 10 years of work experience in banking industry with risks and controls focus, particularly Credit and AML/CDD, Financing, Governance, Operational Risk and Compliance.
  • Ability to collect and objectively analyse and apply information, "thinking out of the box" where necessary, in supporting the planning, fieldwork or reporting of results of internal audit engagements
  • Strong communicator with an ability to influence. Ability to communicate clearly and effectively, both orally, in writing and excellent report writing skills.
  • Highly credible with Senior Management to build trust and obtain information that improves GIA understanding of risks in the business.
  • Ability to work in a team and willingness to assist team members when needed.
  • Self motivated achiever with ability to work with minimal direction.
  • Demonstrates understanding of and commitment to the Banks core values.
  • Confident and courageous to raise concerns and issues in a proactive and professional manner.
  • Professional audit certification preferred.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.