Senior Audit Manager

Coursework Zone

1 - 7 Years
10 Openings
Not Disclosed
Indore
Face-to-Face interview

Key Skills

Taxation Audit Manager Accounts Audit Credit Manager

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Job Description

Job Description

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

The Senior Audit Manager, Credit Risk supports execution of the Bank&rsquos strategy for the audit coverage of Credit Risk. The role also includes audit execution across other Principle Risk Types. Group-wide exposure to credit risk is over USD 300 bn, split by business segments. The equivalent credit risk RWA total of this total credit risk exposure is approximately USD 200 bn. The portfolio is deeply complex, requires technical expertise and engages with senior stakeholders across risk and the business.

The Group has PRA permission to apply its internal models to estimate regulatory capital for credit risk. While this gives rise to significant capital savings at the Group and in some countries, the IRB permission requires mandatory audits of credit risk management controls and governance. These are delivered through integrated audit work by audit managers in both Credit Risk and Model Risk.

The role has two sets of Bank stakeholders that further defines scope of responsibility:

Internal GIA stakeholders (Product Heads of Audit, Country Heads of Audit) providing guidance and support to enable consistent coverage of credit risk oversight at a product-level, or supervisory controls at levels below the Group.

Internal non-GIA stakeholders (Senior Managers supporting the Credit