Latest Jobs at Standard Chartered Bank Nigeria

Role Responsibilities 

• 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 to protect the assets, reputation and sustainability of the group.  The HOA will lead on the delivery of the GIA Strategy for their relevant portfolio – focusing on:
  • Customer experience
  • Effective Group change
  • Identifying Group efficiencies and avoiding disruption from audit

Purpose

• To act as Team Manager, as necessary, and take responsibility for overseeing the delivery of high quality audits, the performance of which cause minimal disruption to the business.  Responsible, where serving as Team Manager, for the finalisation of audit issues and the audit report.
• To role model the valued behaviours and develop and environment in which positive behaviours are celebrate and poor culture challenged.
• 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 explain the risks and impact of issues identified during testing to GIA and business management and obtain quality management plans to mitigate the risks raised.
• To lead continuous monitoring of assigned country/portfolio areas.
• To take responsibility for the implementation and support of department wide exercises such as annual planning, risk assessment and training.
• To actively manage relationships with senior auditee management and stakeholders.
• To support GIA audit teams by providing product/country knowledge and expertise for their audits relating to the individual’s area of expertise.
• To provide ongoing continuous monitoring support to HOAs and SAM’s in respect of the business and raise issues and observations outside of formal audit work to expedite rectification of control weaknesses; and
• To attend and present at formal committees and Group meetings on behalf of GIA, as required, e.g. Governance Committees, Country Non Financial Risk Committees, Business and Functional/Support Risk Committees.
• Serve as GIA country subject matter expert – proactively engage with peers and stakeholders to build and share knowledge.
• Issue validation: Ensure that all audit issue action plans agreed during audit fieldwork are tracked through to completion in accordance with methodology requirements.

Strategy:

• Ensure that the West Africa team considers the Group’s strategy and is able to form an independent view of whether the key risks in the organisation have been identified, including emerging and systemic risk and assess how effectively their risks are managed.
• Ensure that the Group’s strategy can effectively manage the risks identified, both from a functional lens as well as a country lens.
• Ensure that the team remains current in terms of industry best practices, emerging risks, internal changes in management and regulatory expectations.
• Develop and deliver the GIA Performance Scorecard with the GIA MT.
• On an ongoing basis, assess that the assigned audit plan remains relevant throughout the year as the risk profile of the business changes.  Propose changes to audit plans, so that the audit plan remains relevant.
• Ensure that the team operates in line with the Audit Charter during engagements, remains independent from management and free from interference.

Business:

• Ensure the team effectively manages the cost of assigned audits within the allocated budget for audit engagements; and effectively manage the overall GIA budget for West Africa.
• The role spans audit activity across all functions and business areas in West Africa.

Processes:

• Contribute to the development of the overall GIA Audit Plan through Risk Assessment and Top-Down approach based on the inherent risks and knowledge of the risk profiles.
• Oversee the development, implementation and execution of the agreed audit plan across West Africa businesses and facilitate collaboration with the functional audit teams to achieve a holistic approach to the assessment of risks and development of audit plan / strategy. Embed a strong understanding and discipline of implementation of GIA methodology in the team.
• Drive cost efficiencies where possible without compromising on the effectiveness of audits.

People and Talent:

• Ensure the team is adequately resourced and staffed by an appropriate number of competent staff, who are sufficiently independent to perform their duties objectively.
• Ensure the team has access to the necessary training / learning programmes to execute their role and meet local regulatory requirements / expectations and, where required, maintain any professional qualifications and memberships.
• Allocate appropriate responsibility, accountability and authority to direct reports.
• Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
• Ensure that the team structure, capacity and succession plan are regularly reviewed and remain appropriate.
• Set and monitor job descriptions and objectives for the team, provide feedback and rewards in line with staff performance against their responsibilities and objectives.
• Lead by example and build the appropriate culture and values according to Bank’s Priorities / Strategy.
• To promote diversity at all levels.

Risk Management:

• Oversee the team, which represents the third line of defence and provides independent assurance of the effectives of management’s control of business activities (the first line) and of the processes maintained by the Risk Control Functions (the second line).
• Ensure early identification and escalation of risks, issues, trends and developments to relevant stakeholders.  Be prepared to raise issues/concerns outside the normal audit process.
• Adopt an anticipatory approach to risk assessment through stakeholder communication and monitoring of external environment to improve audit planning. 
• Monitor the implementation / delivery of the agreed audit plan for the country as assigned, understanding the key audit issues arising and escalating any significant audit findings that remain unresolved.
• Provide effective challenge to ensure that risks are appropriately identified and that remediation plans are put in place
• Review MI and reports regularly to keep up-to-date with key trends within the business and audit deliverables.

Governance:

• Ensure that the team remains independent from management and free from interference.
• Ensure that the Audit Plan includes work which will provide independent assurance of the governance processes within West Africa.
• Provide oversight of the West Africa audit portfolios, ensuring compliance with the highest standards of regulatory conduct and compliance practices as defined by internal and external requirements.
• Manage the relevant Country stakeholders, and establish good working relationships to help the businesses improve the control environment and keep updated with changes in the business impacting their risk profile;
• Lead by example on how to communicate audit-related matters and resolve any conflict between auditors and auditees during the course of an audit.  Use networks and relationships to build engagement and achieve results;
• Escalate delays in execution of audit work in a timely manner, both to auditee management and GIA management; role model this behaviour.
• Be able to clearly explain issues identified along with the risks and root causes to GIA and business management, using language designed to be understood by non-experts; and
• Support country stakeholders to improve the control environment and keep updated with changes in the business impacting their risk profile.
• Embed the valued behaviours and code of conduct to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.

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.
• Lead the GIA West Africa portfolio to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Prevention; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders:

• Establish and maintain effective working relationships with the West Africa management and business units which fall under portfolio responsibility.
• Effectively manage external stakeholders such as regulators and reviewers.
• Country Management Team including CEO, CFO, Head of Legal, Head of HR, Head of FCC, Heads of Businesses, COO, CRO, Head of Corporate Affairs etc
• Local Regulators and their appointed representatives
• External Auditors/ Professional Services Companies
• Risk Committees and Forums
• Group Head, Internal Audit
• GIA COO team
• Other GIA stakeholders
• Audit Committee and Local Audit Committee (where applicable).

Other Responsibilities:

• Serve as the GIA West Africa subject matter expert – proactively engage with peers and stakeholders to maintain, build and share knowledge.  
• Support the RHOA in all matters, including contributing to the GIA risk assessment and development of an appropriate audit plan.
• Embed Here for Good and Group’s brand and values.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Job Requirements

• First Degree and a Master's Degree (or its equivalent).
• Minimum of 15 years post qualification experience.  Of candidate’s total experience, at least 12 years in must have been spent in the banking industry with a minimum of 10 years’ experience in a financial management/ accounting function of which 5 years must be in a senior position within the audit function.
• ACCA or ACA professional accounting certification.
• Minimum of 2 years as Deputy General Manager (if hired from Nigeria Banking industry otherwise will not apply)
• An experienced career auditor (internal and external) or a business person who has a breadth of experience in either audit and/or governance.
• Demonstrable experience of Audit requirements in the West Africa markets
• Has worked directly with regulators, preferably in the West Africa markets
• Strong leadership qualities, interpersonal and people management skills
• Strong communicator, both written and verbal, with ability to influence and to gain the respect of senior management, stakeholders, peers and their teams.
• Strong sense of integrity and financial independence with an ability to challenge.
• Confident and courageous to raise / escalate issues in a pro-active, professional and timely manner.
• Highly credible with their counterparts in the business.
• Understanding of regulatory landscape and working culture across a number of geographies
• Self directed and able to work with minimal supervision.
• Demonstrate understanding of and commitment to the Group’s core values.
• Professional audit certification preferred
• Ability to perform the role of “Change Leader”
• Ability to travel internationally from time to time to support GIA activities & delivery across the group.

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Role Responsibilities 

• Develop client relationships with decision makers and at senior management levels.  Also, to facilitate development of working relationships between relevant Product Partners (e.g., Transaction Banking, Financial Markets team) and clients’ business units.
• Self-initiation to fully understand clients’ needs and coordinate internal resources to bring our full banking proposition to clients across Transactional Banking and Financial Markets products.
• Work with GAMs, FAMs and Product Partners in maximizing network and cross-sale opportunities, deepening overall relationship.
• Manage the allocated portfolio, originate and work on business opportunities presented
• Manage deals execution and contributing to team objectives.  A key focus will be driving Financial Markets products growth, including DCM, Rates, FX, Credit, structured credit products. Understanding of credit analysis.
• Actively review/update Deals in Pipeline focusing on priorities consistently with strategic intent and balancing revenue growth with risks.
• Responsible for credit risk and credit quality of the portfolio and be able to flag up early warning signals to the Credit function. Effectively communicating and work with client to restructure facilities to minimize Bank’s exposures.
• Proactively monitor Anti-money Laundering (AML) and Know Your Clients (KYC) risk by implementing the Bank’s anti-money-laundering procedures
• Deliver agreed portfolio revenue targets and objectives.
• Awareness and understanding of FI and SIG’s business strategy.  Align with segment level strategy for the SIG segment
• Provide training and knowledge sharing with team members. Lead through example and help embed group’s values. 

Strategy:

• Actively contribute toward executing the SIG Strategy and develop client level strategic initiatives to support the business growth aspirations
• Lead the development and implementation of the client strategy for the designated portfolio as identified through the account planning process
• Accountability for delivering financial performance objectives (revenues, costs, RORWA etc)
• Accountability for all other objectives for the management and development of client relationships, specifically compliance (AML, CDD) and credit risk
• New client origination, selecting clients where the bank can actively demonstrate its value-add proposition using its unique footprint and product set.

Business:

• Engage and collaborate with product and regional/country GB heads to drive cross sell initiatives 
• Manage and drive financial performance by closely monitoring financial results against targets and meeting long term economic revenue (ER) goals and RWA targets.
• Foster a culture of strong understanding of the constant trade-offs between new business, risk, control and capital deployment.
• Serve as the escalation point for customer complaints handling for I& PPF clients and ensure adequate oversight, resolution and root cause analysis as appropriate.
• Build long-term client relationships by deepening and broadening the existing client relationships, identifying and managing possible client conflicts fairly and transparently.
• Bring strategic thought and vision as to how the corporate landscape regionally/globally is changing and identify opportunities of international growth.

Processes:

• Manage all the relevant SIG processes within the Group process universe, and the implementation of policies and control standards set by risk control owners, ensuring compliance and operating within risk tolerance and risk appetite.
• Drive continuous improvement of the operational efficiency and effectiveness to increase the consistency of global systems and processes.
• Work with direct reports and Global Product Partners to support consistent product delivery.
• Work with direct reports to support the front to back delivery of the SIG strategies in a safe and well-controlled manner and on an end-to-end basis – incorporating infrastructure requirements and building a business that is fit-for-growth.
• Ensure there is a framework for effective management of operational risks within SIG and compliance with applicable internal policies, and external laws and regulations.

People and Talent:

• Support a talent identification process and sponsor development activities that focus on identification of high performing and high potential individuals in the Group’s business to ensure a high-quality succession pipeline.
• Provide effective leadership to the SIG business in the country and regions, communicate the vision and build strong commitment to the Bank and the business priorities.
• Drive the change in the talent pool where possible to achieve diversity and inclusion.
• Responsible for managing and recruiting staff in SIG ensuring adequate staffing to meet the business objectives and strong talent identification, succession planning and development activities. 
• Build and maintain an effective team capable of delivering the SIG strategy and through assignment to direct reports.
• Develop and reward talented people and deliver business goals by active sponsorship and leadership of people management activities.
• Develop a high-performance culture by balancing staff performance on conduct and risk management and revenue growth, and reward people fairly. Lead the way on culture and values to set the appropriate tone across SIG and work with fellow SIG MT members to ensure people are recognised and rewarded adequately.

Risk Management:

• Manage and monitor the associated risks in financial crime and money laundering, specifically CDD for SIG clients.
• Responsible for managing the integrity of client data for SIG clients. Ensure the team is cognisant and vigilant around the integrity of client data and support the efforts of IMO and other teams in this regard.
• Ensure timely resolution of any audit and compliance issues related to the segment.
• Provide oversight across the SIG segments, and through assignment to direct reports and working in conjunction with Regional CEOs to enforce the highest standards of integrity and behaviour as well as regulatory conduct and compliance standards and practices as defined by internal and external requirements. This includes compliance with anti-money laundering regulations and guidelines.
• Ensure there are appropriate frameworks in place so that the SIG business is carried out within the Group’s risk appetite and reputational and credit risks are appropriately managed in conjunction with direct reports and other stakeholders.
• Ensure that Risk Management matters that are brought to the job-holder’s attention are subject to direct remedial action and/or escalated, where appropriate to relevant risk committees.

Governance:

• Accountable for all escalation from EFIGI segments to FI MT, GB MT and Group governance committees or to other stakeholders in senior management, risk or control functions as appropriate.
• Serve as the segment escalation point for various Group governance committees and ensure timely remedial actions.
• Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
• Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner.
• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Establish a robust governance framework within SIG segments for effective management of reputational, business and operational risks and ensure compliance with applicable internal policies, and external laws and regulations.

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.
• Lead the SIG teams to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.

Key Stakeholders

• Leverage the opportunity provided by Corporate Social Responsibility to enhance the Group’s internal and external reputation and indirectly influence the bottom line
• Promote the Group’s brand and Here for good with clients, stakeholders and regulators
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
• Maintain effective communication with key stakeholders, including Regional and Country CEOs and staff

Requirements

• Must have FCA - CP
• Completion of the required leadership and mandatory training courses.