- Working as a team member on audits primarily relating to Credit Risk. This involves supporting the team leader and manager by executing audit planning, fieldwork, reporting and issue tracking for work assigned in an efficient and effective manner within GIA methodology. - Group-wide exposure to credit risk currently totals $331bn, split by business segments. The equivalent credit risk RWA total of this total credit risk exposure is $213bn - the portfolio is deeply complex, requires technical expertise and engages with senior stakeholders across risk and the business due to the nature of the portfolio - On occasion, working as the team leader on reviews which involves the activities above but also co-ordinating the overall delivery of the audit. - Supporting the Senior Audit Manager and PHOA in carrying out Continuous Monitoring and Relationship Management for the Risk function. - Assist in the preparation of Risk Committees packs. - Given the location of Credit Risk Control Owners, the majority of the work will be Singapore based. The role will entail minimal travel. - Role will report to the Head of Audit, Credit Risk. Key Roles and Responsibilities : Strategy : - Ensure that GIA operates in line with the Audit Charter, remains independent from management and free from interference. Business : - Strong awareness and in depth understanding of the key risks in pre implementation and Business As Usual (BAU) controls and processes associated with Credit Risk. - A good awareness and understanding of the key risks involved in the audit of credit - Have awareness and understanding of other key risks such as Market, Operational and Model risk Processes : - Participate as team member for assigned audits. - Support the 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 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. - Provide technical knowledge and guidance on Credit Risk audits to team leaders, team members and other interested parties to enable them to effectively deliver their assigned contributions for an audit and to increase knowledge awareness. People and Talent : GIA-specific responsibilities and accountabilities : - Support the HOA to engage effectively with team members by working closely, sharing knowledge and best practices, and supporting other team members to achieve the audit objectives. - Influence change within the business. Risk Management : - Ability to communicate with stakeholders on an ongoing basis to identify the risks, and update the HOA to assist in the Annual Risk assessment ensuring the identified risk have been integrated into the Audit plan. - Support the HOA to update 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. - Ensure early identification and escalation of risks, issues, trends and developments for internal and external reporting. Be prepared to raise issues/concerns outside the normal audit process. - Engage with the respective HOA and business stakeholders on the status of rollout and ongoing effectiveness of the Operational Risk Framework. - Adopt an anticipatory approach to risk assessment through stakeholder engagement and monitoring of the external environment to improve audit planning. - Review Risk related MI and reports regularly to keep up-to-date with key trends within the business. Governance : - Responsible for assessing the effectiveness of the Group's arrangements to deliver effective 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 Group operates, and the regulatory requirements and expectations relevant to the role. - Responsible for delivering - effective governance- ; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner. 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. - Lead the Risk team to achieve the outcomes set out in the Bank's Conduct Principles: The Right Environment - Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key Stakeholders : - Designated business stakeholders in the Risk space, typically related to individual audit assignments. - GIA stakeholders - fellow Team Leaders, Team Members and Managers, Product, Functional, Country and Regional Heads of Audit. Other Responsibilities : - Embed Here for good and Group's brand and values in Group Internal Audit - Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures. Qualifications and Skills : - Career internal (or external) auditor, or former credit practitioner with good subject matter expertise. - Audit or Accounting professional qualifications are not required for applicants who are Credit Risk professionals but actively encouraged - University degree - Knowledge of Banking controls and processes - Intermediate understanding of Credit Risk Management concepts related to Consumer Banking or Corporate Institutional Banking - Good interpersonal and communication skills - Familiarity to technology application controls relevant to Credit Risk - Credit experience across all business client segments - Intermediate understanding of credit risk management practices and controls - Intermediate awareness of quantitative / statistical approaches used in credit risk decisioning - 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 - Up to date with key regulation / developments in Credit Risk Management - Demonstrate understanding of and commitment to the Group's core values

Bangalore

Chennai

Senior Role - Wholesale Banking - Credit Risk & Audit - Lending Operations 

Senior Role - Wholesale Banking - Credit Risk & Audit - Lending Operations  ,Job Description for Senior Role - Wholesale Banking - Credit Risk & Audit - Lending Operations  in Quess Corp Ltd. in  Bangalore Chennai for (9-16) years of experience. Apply Now!

Job Description for Senior Role - Wholesale Banking - Credit Risk & Audit - Lending Operations  in Quess Corp Ltd. in  Bangalore Chennai for (9-16) years of experience. Apply Now!