Job Description

Job ID: 34051


Location: Singapore, SG


Area of interest: Audit, Accounting & Finance


Job type: Regular Employee


Work style: Office Working


Opening date: 16 Jul 2025



Job Summary
Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic auditor to join our Third Parties and Operational Risk Team. The successful candidate will need to have core skillset in either Third Party Risk Management (TPRM), Source to Pay or familiar with the requirements for Operational Risk Management as set out in Capital Requirements Regulations and the BCBS 515 Sound Principles for Operational Risk Management. We engage Third Parties for a wide variety of good and services to effectively run our business. These arrangements vary in complexity and risk. All Third Party engagements must be managed appropriately in accordance with the underlying risks throughout the lifecycle from sourcing, onboarding, vendor management to exit. Country regulatory requirements may apply for outsourcing arrangements in some markets. Operational Risk is an inherent part of the Group's business. The 2LoD role is undertaken by Risk Framework Owners (for PRTs), Subject Matter Experts (for Operational Risk sub-types) and by Operational Risk Officers who look across multiple risk types. 2LoD Operational Risk performs independent reviews, oversight and challenge on the 1LoD Business and Functions. This role is primarily responsible for audits of Third Party Risk Management (TPRM) and 2LoD Operational Risk Management at Country and Group level. RESPONSIBILITIES

Business

To act as a Team Leader and take responsibility for overseeing the planning and execution of the audit, maintaining the audit budget, coach the audit team and preparing the audit report. 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. Drafting of the audit programme, audit observations/ issues and audit report. Provide technical input and challenge on audit work being undertaken within the scope of assigned product / country area of responsibility. This will include working with the audit team to produce outputs of high quality which address the areas of greatest risk. Using data analytics, evaluate quantitative and qualitative data to diagnose underlying issues, patterns, and root causes. Monitor/track assigned audit issues and action plans, and report overdue items with resolution. Support HOA in audit risk assessments and committee reporting, such as Audit Committees reporting. Support GIA audit teams by providing 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.

Processes

Third Party Risk Management (TPRM), Source to Pay, Supply Chain Management or familiar with the requirements for Operational Risk Management as set out in Capital Requirements Regulations and the BCBS 515 Sound Principles for Operational Risk Management. Champion innovation and increase the use of leading edge methods through data analytics and use of technology, experimentation & innovation and use of dynamic auditing

People & Talent

Build and maintain good working relationships with the business senior stakeholders to facilitate execution of audit work, help improve the control environment and keep updated with changes in the risk profile of TPRM and Operational Risk. Build a collaborative and inclusive culture that creates psychological safety, treating people with courtesy / respect and promote wellbeing. Foster a culture of learning and build the learning habit. Develop skills and competencies aligned to your role, and support the development of junior staff.

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, 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

12+ years of experience in audit or a risk and governance background with relevant experience in Operational Risk Management or Third Party risks such as Outsourcing, Procurement or Third Party Risk Management with a Bank of global scale, MNC 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. 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 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 audit engagements. Displays initiative and knows when and how to seek guidance. Willingness and capacity to learn on the job. Responds enthusiastically to tasks allocated, accepts responsibility readily and demonstrates business professionalism. Good time management, well-organised with the ability to prioritise and plan workload to ensure delivery to timescales, with a good track record of delivery large-scale and complex audits. Certified Internal Auditor (CIA) / Certified Information Systems Auditor (CISA) / ORM certification is preferred

Role Specific Technical Competencies

Operational Risk Management Third Party Risk Management / Supply Chain Management Audit

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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

Are better together

, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months 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.
Visit our careers website www.sc.com/careers
www.sc.com/careers