Senior Audit Manager - Sc Ventures

Job Summary Diversity & Inclusion Statement 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. Job Description Group Internal Audit (GIA) is looking for an experienced and dynamic audit professional with a solid background and strong knowledge around the key risks and controls in SCV. The role-holder will be an integral part of the SCV Audit team. The team provides independent assessments of risk management and internal control environment of SCV globally. We pride ourselves in being auditors of the future, forward-looking and agile with a keen focus on smarter auditing. When you join us, you will enter a role that challenges the status quo and moves mindsets and be a part of the future of banking. This role currently reports to Head of Audit, Singapore, ASEAN and SCV. Key Responsibilities • To act as a Team Engagement Lead on assigned audit work involving SCV across the bank. This covers managing the auditors working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues and action plans with management and submission of draft report to the Audit Engagement Team Manager for review; • To act as Audit Engagement Team Manager and take responsibility for overseeing the delivery of high quality audits, including finalising of audit issues and the audit report; • To be the office lead for SCV audit ensuring the wellbeing of more junior staff located in the same office. • To ensure that own assigned audit work, as well as the work carried out by team members is executed in an efficient and effective manner, within the given budget and timelines, and in line with GIA methodology standards; • To clearly identify the risks and impact of issues during issue writing, agreeing these issues with management and obtaining quality management action plans to mitigate the risks raised; • To lead continuous monitoring of assigned countries / portfolio areas within the specific portfolio environment, and to build and maintain engagement with stakeholders; • To take responsibility for the design and implementation of department wide exercises such as annual planning, risk assessment and training; • To support GIA audit teams by providing product/country knowledge and expertise for their audits relating to the individual’s area of responsibility as the Subject Matter Expert; • To assist with drafting Committee updates, attend and present at formal committees and Group meetings on behalf of the HOA or for their own area of responsibility, as required, e.g. Process Governance Committees and Country Operational Risk Committees; • The individual will support the HOA in their role as the GIA portfolio/country subject matter expert, depending on the skills of the individual; and • Issue validation: Ensure that all audit issues raised during audits and continuous monitoring engagements are tracked to completion in accordance with the methodology requirements. Strategy • Support the HOA where required, in the development of the GIA risk assessment and development of an appropriate audit plan for the HOA’s assigned portfolio; • Support the HOA to ensure that audits assigned to the individual in the GIA audit plan address the key risks identified in the detailed risk assessment and in the audit planning process, and meet relevant regulatory requirements and expectations that are required to be covered by GIA; • Ensure that the assigned audit plan remains relevant throughout the year as the risk profile of the business changes. Propose changes as appropriate; and • Ensure that audit team operates in line with the Audit Charter during engagements, remains independent from management and free from interference. Business • Assist the HOA deliver assigned audits within the allocated budget as well as identify and implement opportunities for cost savings and optimal productivity of assigned audit engagements. Processes • To act as a Team Lead or Team Manager on assigned audit work involving SCV portfolio across the bank. This will entail managing the auditors working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues and action plans with management and…