Job Description
Job Summary
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.
As defined in the Audit Charter, all staff in GIA must exhibit the highest level of professional objectivity in gathering, evaluating and communicating information about the activity or process being examined. They must make a balanced assessment of all the relevant circumstances and not be unduly influenced by their own interests or by others in forming judgments. GIA will adhere to the Definition of Internal Auditing, the Core Principles for the Professional Practice of Internal Auditing, Code of Ethics and the Standards for the Professional Practice of Internal Auditing that are published by the IIA. It is expected that all members of GIA strive to operate as role models for the Group’s valued behaviours. GIA methodology has defined “Habits of a Human Auditor” which are aligned to the Group’s valued behaviours and communicated across the function.
In addition to the responsibilities defined in the Audit Charter, the Audit Manager is expected:
To act as a Team Member on assigned audit work involving Commercial & Institutional Banking (CIB) and Support Functions risk across the Americas.
To act as Team Leader, when applicable, and take responsibility for overseeing the delivery of high quality audits, including finalising of audit issues and the audit report;
To ensure that assigned audit work 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 provide ongoing continuous monitoring support to Heads of Audit (HOAs) and Senior Audit Managers (SAMs) in respect of the business and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses;
To support 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;
Key Responsibilities
To attend formal committees and Group meetings on behalf of the HOA/SAM as required, e.g. Governance Committees and Country Non-Financial Risk Committees; and
The individual will support the HOA in their role as the GIA portfolio/country subject matter expert, depending on the skills of the individual;
Issue validation: all audit issue action plans agreed during audit fieldwork should be tracked through to completion in accordance with methodology requirements.
Strategy
Support the HOA and SAMs 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; and
Carry out their role in line with the Audit Charter and remain independent from management and free from interference.
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.
As defined in the Audit Charter, all staff in GIA must exhibit the highest level of professional objectivity in gathering, evaluating and communicating information about the activity or process being examined. They must make a balanced assessment of all the relevant circumstances and not be unduly influenced by their own interests or by others in forming judgments. GIA will adhere to the Definition of Internal Auditing, the Core Principles for the Professional Practice of Internal Auditing, Code of Ethics and the Standards for the Professional Practice of Internal Auditing that are published by the IIA. It is expected that all members of GIA strive to operate as role models for the Group’s valued behaviours. GIA methodology has defined “Habits of a Human Auditor” which are aligned to the Group’s valued behaviours and communicated across the function.
In addition to the responsibilities defined in the Audit Charter, the Audit Manager is expected:
To act as a Team Member on assigned audit work involving Commercial & Institutional Banking (CIB) and Support Functions risk across the Americas.
To act as Team Leader, when applicable, and take responsibility for overseeing the delivery of high quality audits, including finalising of audit issues and the audit report;
To ensure that assigned audit work 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 provide ongoing continuous monitoring support to Heads of Audit (HOAs) and Senior Audit Managers (SAMs) in respect of the business and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses;
To support 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;
Key Responsibilities
To attend formal committees and Group meetings on behalf of the HOA/SAM as required, e.g. Governance Committees and Country Non-Financial Risk Committees; and
The individual will support the HOA in their role as the GIA portfolio/country subject matter expert, depending on the skills of the individual;
Issue validation: all audit issue action plans agreed during audit fieldwork should be tracked through to completion in accordance with methodology requirements.
Strategy
Support the HOA and SAMs 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; and
Carry out their role in line with the Audit Charter and remain independent from management and free from interference.
💡 Quick Summary
Seeking a career-building opportunity? The Audit Manager position is now open for candidates interested in the Accountant Jobs sector. This role in New York City offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
