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Audit Manager

Employer
Standard Chartered
Location
Mumbai Mumbai Maharashtra, Maharashtra, India
Salary
Competitive Salary
Closing date
Aug 9, 2022

View more

Job Role
Auditor
Sector
Finance
Contract Type
Permanent
Hours
Full Time
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

    This role involves supporting the Senior Audit Manager (SAM), India by executing audit planning, fieldwork, reporting and issue tracking for work assigned in an efficient and effective manner within GIA methodology. There will be some travel required.
    Business

      In depth understanding of the key risks impacting the asset and liability portfolio of the Bank
      Strong awareness of pre implementation and Business As Usual (BAU) controls and processes associated with support functions i.e., Finance, Treasury, Financial and Non-Financial Regulatory Reporting and Financial Crime Compliance
      Indepth understanding of local banking regulations

      Processes

        Participate as team member or team leader for assigned audits.
        Support the team manager/team leader 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.
        Evaluate quantitative and qualitative data to diagnose underlying issues, patterns and root causes, as a part of regular audits.
        Monitor/track assigned audit issues and action plans and report overdue items for audit lead/ managed to the appropriate responsible person within GIA for escalation to the appropriate business manager and/or governance committee for resolution.
        Apply a high level of attention to detail to ensure audit reports are accurate, clear and articulate key risks, root causes and impact.
        Ensure timely escalation of delays in conforming to methodology standards, both to auditee management and GIA management

        Stakeholder Management & Communications

          Establish and maintain the effective working relationships to keep abreast of business developments and to maintain regular dialogue with stakeholders on areas of concern and to help them improve their overall control environment.
          Communicate with internal stakeholders and with external parties,and update the assigned Product/Country risk assessments on a regular basis, where appropriate, to ensure that changes in risk profiles are identified in a timely manner. Propose changes to the audit plan to the HOA, as appropriate, to ensure it remains relevant.
          Lead by example on how to communicate audit-related matters and resolve any conflict between auditors and auditees during the course of an audit. Use networks and relationships to build engagement and achieve results.
          Conduct/attend regular meetings with stakeholders.
          Provide regular value added reports and updates, as appropriate, on risk trends, emerging risks and GIA&rsquos opinion on the state of the control environment.
          Ensure communication of findings/issues/root causes to all relevant stakeholders and monitor/escalate any overdue action plans to the appropriate business manager and/or governance committee for resolution.
          Engage with the business and stakeholders on the audit process to enable auditees to have a better understanding of the role and operation of GIA, with the aim of further building relationships and improving audit efficiency.

          Governance

            Support the SAM in assessing the effectiveness of the governance, oversight and controls in the business and, if necessary, oversee changes in these areas
            Awareness and understanding of the regulatory framework, in which the Business operates, and the regulatory requirements and expectations relevant to the role.

            Regulatory & Business conduct

              Display exemplary conduct and live by the Group&rsquos 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.
              Effectively and collaboratively identify and escalate risk, conduct and compliance matters.

              Key Stakeholders

                Designated business and function stakeholders, typically related to individual audit assignments and continuous monitoring.
                GIA stakeholders - fellow Team Leaders, Team Members and Managers, Product, Functional, Country and Regional Heads of Audit.

                Other Responsibilities

                  Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

                  Our Ideal Candidate

                  ·Qualified Chartered Accountant with experience in Corporate and Institutional (including Financial Markets) banking operations and strong knowledge of RBI Regulations.
                  ·Good interpersonal and communication skills.
                  ·Strong communicator, both written and verbal, with an ability to influence and an ability to gain the respect of senior management, regional stakeholders, peers and their teams.
                  ·Demonstrate understanding of and commitment to the Group&rsquos core values

                  Visit our careers website

                  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 ch

                  Skills: Audit Manager

                  Experience: 0.00-50.00 Years

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