Audit Manager at Standard Chartered Bank

Standard Chartered BankLagos, Nigeria Digital Marketing

Full Time

In 1965, the Standard Bank of South Africa merged with the Bank of West Africa acquiring businesses including a banking operation in Nigeria, which dated back to 1894. The name was then changed to Standard Bank of West Africa. Four years after the merger, Standard Bank Nigeria was incorporated locally to take over the business in Nigeria. In 1971, 13% of the share capital was placed with Nigerian investors. The end of the civil war saw a major economic upturn and as a consequence, the military government sought to increase local control of the retail-banking sector, hence the Bank’s investment in Standard Bank Nigeria (renamed First Bank of Nigeria in 1979) was reduced to 38%. Standard Chartered remained a shareholder of First Bank of Nigeria until 1996. Standard Chartered re-entered Nigeria in 1999 and opened to customers on 15 September 1999 as a wholly owned subsidiary of Standard Chartered Bank Plc, headquartered in United Kingdom. It now has 42 branches located in Lagos, Port Harcourt, Abuja, Ibadan, Kano, Kaduna, Maiduguri, Ota, Aba, Onitsha and Onne offering a wide range of products and services in Retail, Corporate and Institutional Banking. It employs over 900 employees and sees Nigeria as a growth centre.

RESPONSIBILITIES

Group Internal Audit (GIA) in Standard Chartered Bank is looking for an exceptional and dynamic Audit Manager to join our Function, AME & AE Technology GIA Team within the Technology and Operations portfolio.
This global role includes leading and executing audits (both stand-alone and integrated with other audit functions) of the applications supporting the Function business and AME and AE in-country technology portfolios.
This role will get to work on more complex audits such as business integrated and multi-location high risk audits and will also provide the opportunities to interact and engage with both Group and Country Stakeholders.

Business

Lead audits or assist as a Team Member to deliver audits
As a Team Lead, drive the audit, ensuring that resources are well-coordinated with appropriate time allocation for the audit work, and outcomes and expectations are clearly defined. Ensure that key risks are considered during audit planning, and high quality audit work is produced. This includes the planning documentation, detailed and accurate documentation of test results, and clear and factual audit issues. Support the Team Manager in drafting the audit report.
As a Team Member, 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. Draft the audit programme, audit observations / issues and support team leader/ team manager in preparing the audit report.
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.
Ensure timely and open communication throughout the audit process, within GIA and with the auditee.
Monitor and track assigned audit issues and action plans, and report overdue items to the Head of Audit (HOA) for resolution. Monitor and escalate when high risk issues are not likely to be resolved within the agreed timeframe.
Support GIA audit teams by providing Functions and AME and AE technology SME knowledge and expertise for their audits.

People & Talent

Build and maintain relationships with key GIA, business and technology stakeholders from Function and AME & AE to understand their business and technology developments including regulatory concerns, identify emerging risks, and facilitate execution of audit work.

Risk Management

Complete relevant risk assessment activities in a timely and effective manner, including the completion of the Risk Assessment template.
Assist in continuous auditing and monitoring of key risks in the portfolio.
Utilise the risk assessment process and stakeholder engagement to determine an anticipatory audit plan.

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 technology 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.

Our Ideal Candidate

Strong background in IT audit (with a focus on application controls) with a minimum of 5 years of experience preferably in the Banking and Financial services industry.
Knowledge and experience in Function or AME technology is preferred.
Bachelor's or university degree in Information Technology, Computer Science, Information Systems or related discipline.
Professional Audit Certification (CIA, CISA, CISM, CISSP, CIRSC, ACAMS etc.)
Experience in executing a risk-based Audit Methodology, or a similar methodological approach.
Experience in designing and/or executing data analytics
Attention to detail and curiosity. Strong analytical skills and eager to learn.
Excellent writing and articulation skills to succinctly communicate complicated technical issues in business terms.
Strong interpersonal skills for building and maintaining effective working relationships with counterparts in GIA, business and technology.
High degree of responsibility, self-motivated, requiring minimal supervision and direction, able to multi-task without loss of quality.
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.
Ability to commit to 15-25% business travel (if required).