Job Description

Title: Head of Audit - CIB/Functions, Americas Location: New York, US Job Type: Regular Employee, Hybrid Deadline: 11 Mar 2025 Job Summary Head of Audit for Standard Chartered Bank’s Corporate and Institutional Banking (CIB) in the Americas is responsible for leading a team of audit professionals to provide assurance over CIB activities. As a member of the GIA Americas Leadership Team, the role involves developing and implementing initiatives to enhance auditor efficiency and effectiveness. Head of Audit manages regulatory engagements, ensuring timely and accurate responses to inquiries, and oversees the delivery of high-quality audits with minimal business disruption. Key Responsibilities Contribute to the GIA risk assessment and development of an appropriate audit plan for portfolio. Address the key risks identified in the detailed risk assessment and in the audit planning process, and meet relevant regulatory requirements and expectations. Continually assess that the assigned audit plan remains relevant through the year as the risk profile of the business evolves, proposing changes as appropriate. Ensure that their team carry out their roles in line with the Audit Charter and remain independent from management and free from interference. Clearly explain the risks and impact of issues raised during testing to GIA and business management and obtain quality management action plans to mitigate the risks identified. Role model the valued behaviours and develop an environment in which positive behaviours are celebrated and poor culture challenged. Lead continuous monitoring of assigned country/portfolio areas, recording the outcome of the activities on GIA’s risk assessment of the business and the current audit plan. Take responsibility for the implementation and support of department wide exercises such as annual planning, risk assessment and training. Actively manage relationships with senior auditee management and stakeholders. Support GIA audit teams by providing product/country knowledge and expertise for their audits relating to the individual’s area of expertise. Attend and present at formal committees and Group meetings on behalf of GIA, as required. Oversee the validation of audit and regulatory issues, ensuring that all audit issue action plans agreed during audit fieldwork are tracked through to completion. Effectively manage the cost of assigned audits within the allocated budget for audit engagements. Identify and implement opportunities for costs savings and optimal productivity of assigned audit engagements. Act as Team Manager on assigned audit work, managing the Team Leader and junior colleagues. Provide clear guidance, detailed review and supervision of the team’s work to meet quality standards and timelines. Provide guidance on business/audit technical knowledge and management skills to Team Leaders and Team Members. Provide technical input and challenge on audit work being undertaken within the scope of assigned product/country area of responsibility. Support adherence to the GIA methodology in all areas of the audit engagement. Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process. Take the lead in presenting the draft report in the GIA report review process. Monitor the implementation/delivery of the agreed issues and action plans for the audits assigned. Key Stakeholders Establish and maintain effective working relationships with the US, Americas, CIB, Functions and EA management and business units. Effectively manage external stakeholders such as regulators and reviewers. Members of the US Risk Committee and Americas Risk Committee. US Management Team. Members of the Global Business Management Team. Global, regional and country business heads and CEOs in Americas. Global, regional and country CROs. New York State Department of Financial Services. Local Regulators and their appointed representatives. External Auditors/ Professional Services Companies. Qualifications Significant experience in either audit and/or risk management. Demonstrable experience in Corporate and Institutional Banking. Direct experience working with US banking regulators. Strong leadership qualities, interpersonal and people management skills. Strong communicator, both written and verbal. Strong sense of integrity and independence. Understanding of regulatory landscape in the US. Professional certification preferred (i.e. CIA, CPA, CAMS, CFE etc.). Ability to travel internationally from time to time. 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. 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. 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. Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days). Flexible working options based around home and office locations. Proactive wellbeing support through various programs. A continuous learning culture to support your growth. Being part of an inclusive and values driven organisation. #J-18808-Ljbffr Standard Chartered Life and Careers

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