Manager - Internal Audit - Financial Crime Compliance - CA

Job Title: Audit Manager, Functions

Key Responsibilities

This role involves supporting Senior Audit Manager (SAM) in following primary activities related to SCB Group with specific focus on India operations.

Non Audit Activities (NAA) - (Weightage - 25%)

- Preparation of audit submissions for regulatory and internal committee reporting's.

- Support HOA in regulatory inspections and external audits.

- Drive Concurrent audit review group (CARG) forum and manage all associated deliverables. Manage audit schedule.

- Help with ad-hoc regulatory queries. Audit Work (Weightage - 75%)

- Audit planning, fieldwork, reporting and issue tracking/validation for work assigned in an efficient and effective manner within GIA methodology. There may be some travel required.

- Support SAM in Risk Assessment work related to Auditable Entities (AEs) assigned.

Strategy

- 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.

Business

- Strong awareness and in depth understanding of the key risks in pre implementation and Business As Usual

- (BAU) controls and processes associated with support functions i.e., Finance, Treasury, Financial and NonFinancial Regulatory Reporting (including Risk Based Supervision (RBS)), Third Party Risk and Conduct and Financial Crime Compliance (CFCC)

- Strong awareness and in depth understanding of the key risks involved in the audit of Finance, Treasury, Regulatory Reporting, Third Party Risk and Conduct and Financial Crime Compliance (CFCC). Strong awareness and in depth understanding of applicable RBI 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.

- Ensure timely execution of deliverables.

People & Talent

- 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.

- Lead by example on how to communicate audit-related matters and resolve any conflict between auditors and auditees during an audit. Use networks and relationships to build engagement and achieve results.

- Conduct/attend regular meetings with stakeholders.

- 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.

Risk Management

- Provide regular value-added reports and updates, as appropriate, on risk trends, emerging risks and GIA's 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. 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.

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'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 and function stakeholders, typically related to individual audit assignments, Non-Audit Work 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.

Skills and Experience

- Manage Conduct

- Manage Risk

- Manage People

- GIA Methodology and Systems

- Stakeholder Engagement

- Risk Assessment

- Audit Planning

- Audit Report Writing

- Continuous Monitoring

Qualifications

Education

- Qualified Chartered Accountant.

Training

- Knowledge of banking processes, controls and RBI Regulations Data Analytics skill will be preferred including Power BI, Python etc.

Languages

- 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