Senior Audit Manager - CIB, Americas

Purpose

Group Internal Audit (GIA) represents the third line of defence and provides independent assurance of the effectiveness of management’s control of business activities (the first line) and of the control processes maintained by the Risk Framework Owners and Policy Owners (the second line). GIA works with the Group's other control functions, such as Finance, Risk and Compliance, but does not place unqualified reliance on their work.

GIA is an independent function whose primary role is to help the Board and Executive Management to protect the assets, reputation and sustainability of the Group.

• To act as a Team Leader on assigned audit work involving Corporate & Investment Banking (CIB) business operating across the Americas region. Specific areas of coverage to include financial markets trading activity, transaction services (including payments, deposits and trade finance) and institutional lending.
• To act as Team Manager, when applicable, and take responsibility for overseeing the delivery of high quality audits, including finalising audit issues and audit reports.
• To confirm that assigned audit work, as well as the work carried out by team members is executed in an efficient and effective manner, within the given budget and timelines, and in line with GIA methodology standards.
• To clearly identify the risks and impact of issues during issue writing, agreeing these issues with management and obtaining quality management action plans to mitigate the risks raised.
• To lead continuous monitoring of assigned countries / portfolio areas, and to build and maintain engagement with stakeholders.
• To take responsibility for the design and implementation of department wide exercises such as annual planning, risk assessment and training.
• To support GIA audit teams by providing product/country knowledge and expertise for their audits relating to the individual’s area of responsibility.
• To attend select governance forums/committees to represent GIA on behalf of the Head of Audit (HOA) or Audit Director (AD), as required.
• To support the HOA and Audit Director in their roles as portfolio/country subject matter experts, depending on the skills of the individual.
• To perform issue validations: all audit issue action plans agreed during audit fieldwork should be tracked through to completion in accordance with methodology requirements.

• Support the HOA and AD where required, in the development of the GIA risk assessment and development of an appropriate audit plan for the HOA’s assigned portfolio.
• Propose audits for coverage during the audit cycle based on their knowledge of the business.
• Carry out their role in line with the Audit Charter and remain independent from management and free from interference.

• Assist the HOA/AD to effectively manage the cost of assigned audits within the allocated budget for audit engagements.
• Identify and implement opportunities for cost savings and optimal productivity of assigned audit engagements.
• Establish and maintain effective working relationships with the management of business units which fall under risk assessment responsibility.

• To act as a Team Member or Team Lead on assigned audit work involving CIB related risks across the Americas region. This will entail the detailed production of various deliverables throughout the established phases of audit execution, including, but not limited to Audit Planning Memoranda, control testing documentation, issue and action plan drafts and production of draft reports for GIA management review.
• Ensure that audit deliverables meet quality standards and timelines in line with the GIA methodology.
• Draft and submit inputs to the audit scope (including the Audit Planning Memo and Process Risks Controls Matrix) proposed by the Audit Lead.
• Assist in the drafting of the audit report in the GIA report review process.
• Track the implementation/delivery of the agreed issues and action plans for the audits assigned, understanding the key risks arising, provide advice on resolution of issues to auditees/action plan owners and escalating audit findings that remain unresolved.
• Apply data and analytics techniques during…