Audit Manager, Retail Banking Products

Standard Chartered Bank - UAE; Dubai; On-site; AED 180,000 - 360,000; Full time

Job summary

Standard Chartered Bank UAE is seeking an experienced Consumer Banking risk professional to lead internal audit engagements focused on Retail Banking Products, including lending and deposits, with emphasis on credit risk controls.

The role reports to the Head of Audit, Retail Banking Products & Consumer Finance and requires strong stakeholder management and delivery of high-quality audit results in a timely manner.

Qualifications

• Experienced internal auditor, risk professional or business practitioner who has subject matter knowledge in Retail Banking products including Credit Cards, Personal Loans, Mortgage, Auto loans and Deposits.
• Strong knowledge and background in the auditing of credit risk within a financial institution.
• Knowledge of the critical processes as well

Responsibilities

• Support effective stakeholder relationships to ensure full understanding of risks and processes related to Retail Banking Products.
• Understand and apply knowledge of business strategy, plans, performance and risk-related issues in the portfolio to inform and support robust risk assessment.
• Lead, perform and support the planning, fieldwork, and reporting of Group Internal Audit engagements to deliver audit coverage in line with department objectives, quality standards and timelines.
• To write both audit issues and audits reports for the area of responsibility to ensure focus on root case, materiality, key risks and messages. Deliver consistently on quality and timeliness.
• Where undertaking the role of Team Leader, provide performance feedback to team members.
• Follow up with management and validate evidence for audit issues resolution.
• Share knowledge, skills and experience with team members and broader audit team to guide and assist in their development.

Skills

Retail Banking products

Credit risk auditing

Stakeholder relationships

Audit planning & reporting

Team leadership

Job description

GIA are looking for an experienced Consumer Banking professional with a solid background in Retail Banking products. Strong knowledge around the key risks and controls in a lending and deposits business with particular focus on credit risk. The main job purpose is to undertake risk assessments and perform or lead, where directed, internal audit engagements focused on Retail Banking Products to deliver the audit plan

Key Roles & Responsibilities

• Support effective stakeholder relationships to ensure full understanding of risks and processes related to Retail Banking Products.
• Understand and apply knowledge of business strategy, plans, performance and risk-related issues in the portfolio to inform and support robust risk assessment.
• Lead, perform and support the planning, fieldwork, and reporting of Group Internal Audit engagements to deliver audit coverage in line with department objectives, quality standards and timelines.
• To write both audit issues and audits reports for the area of responsibility to ensure focus on root case, materiality, key risks and messages. Deliver consistently on quality and timeliness.
• Where undertaking the role of Team Leader, provide performance feedback to team members.
• Follow up with management and validate evidence for audit issues resolution.
• Share knowledge, skills and experience with team members and broader audit team to guide and assist in their development.
• To identify and escape significant issues.
• Reporting to Head of Audit, Retail Banking Products & Consumer Finance based in Singapore

Qualifications & Skills

• Experienced internal auditor, risk professional or business practitioner who has subject matter knowledge in Retail Banking products including Credit Cards, Personal Loans, Mortgage, Auto loans and Deposits.
• Strong knowledge and background in the auditing of credit risk within a financial institution
• Knowledge of the critical processes as well

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group's business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.
Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.
In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.