Audit Manager, Third Party Risks

Singapore, Singapore

Job Description

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, an 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 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. The Role Responsibilities Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to join our Third Parties (TP) Risk GIA Team within the GCFO portfolio. 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, Day 2 vendor management to exit. This is a role that provides exposure to auditing and risk management of Third Party risks at a global scale and offers significant career development opportunities. This role primarily focuses on auditing Third Party risks from a Group perspective and there will be opportunities to learn about Group framework, policies and standards across Principal Risk Types with a focus on Third Party risks to influence and drive changes. This role will get to work on more complex audits such as cross-functional and multi-location high risk audits and will also provide you the opportunities to interact and engage with both Group and Country Stakeholders. You will also get to learn about different Risk Types and get to engage with different Risk Groups relevant to Third Parties such as Supply Chain Management, CISO, CISRO, Compliance (including Anti-Bribery and Fraud), Data Privacy, Resilience, Group Operational Risk etc. The role reports to Head of Audit Third Party Risks. Business To act as a Team Leader and take responsibility for overseeing the planning and execution of the audit, maintaining the audit budget, including drafting of audit programmes, audit issues and the audit report. To 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 for work assigned in an efficient and effective manner such that audit work meets the given budget, quality standards and timelines. Support the Team Manager / HOA 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 relevant regulatory requirements and expectations that are required to be covered by GIA. Ensure timely escalation of delays in execution of audit work, to HOA, auditee management and GIA management. Apply an in-depth understanding of, and compliance with, GIA methodology standards and the GIA system in all areas of assigned GIA activity. Evaluate quantitative and qualitative data (using data analytics) to diagnose underlying 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. Support GIA audit teams by providing Third Party SME knowledge and expertise for their audits. Provide ongoing continuous monitoring support to Head of Audit (HOA) and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses. Demonstrate leadership and ability to motivate and guide audit team members. Provide written performance feedback to team members at the end of an audit. People and Talent Build good working relationships with the business to facilitate execution of audit work, help improve the control environment and keep updated with changes in the risk profile of the business. 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. 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. 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 At the request of the HOA, attend stakeholder meetings 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. Our Ideal Candidate An experienced career auditor with 10 years+ audit experience preferably with relevant experience in Third Party risks such as Outsourcing, Procurement or Third Party Risk Management with a Bank of global scale or Big-4 Accounting firm. Experienced in performing vendor onsite reviews across various types of vendor services or experiences in working with technology vendors such as cloud vendors will be an advantage. Understanding of Third Party or Outsourcing risks across business strategy, plans, products, performance and related issues. Strong communication skills, both written and verbal, with ability to influence business management, other stakeholders and peers. Strong leadership skills and experienced in leading/ managing audit assignments. Data analytics skills and experience will be preferred. Confident and courageous to raise/escalate issues in a proactive, professional and timely manner. Track record of performing work independently with minimal supervision and meeting stretch timelines comfortable and resourceful to deal with ambiguity and solve problems. 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. Displays initiative and resourcefulness. Willingness and capacity to learn on the job and work across different teams. Responds enthusiastically to tasks allocated, accepts responsibility readily and demonstrates business professionalism. Good time and project management, well-organised with the ability to prioritise and manage different work assignments to ensure delivery to timescales. Certified Internal Auditor (CIA) / Certified Information Systems Auditor (CISA) is preferred Technical Compentancies Internal Audit Third Party Risk Sourcing/Supply Chain Management Visit our careers website

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Job Detail

  • Job Id
    JD1211624
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $84000 - 156000 per year
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned