Manager Internal Audit

Role Dimensions:

Global Internal Audit (GIA) provides independent, objective assurance to management and the Audit and Risk Committees as to whether the framework of risk management, control, and governance processes, as designed and represented by management, is adequate and functioning.  The function comprises a number of Global, Regional and Country Audit teams. 
The role holder undertakes general audit activities as part of the in-country Internal Audit team. 

Role Purpose:

• Leading the delivery of audits, some major and/or highly complex, which provide internal customers and stakeholders with critical assessments of the HSBC governance, risk and internal control frameworks.
• Ensuring that audit assignments are completed in a timely and efficient manner with due respect to the standards established by GIA, industry best practices and the relevant risk and regulatory environment.
• Providing specialist professional advice on audit findings and recommendations, thus ensuring that they are both fully understood and properly implemented by management.

Principal Accountabilities: 

• Develop a good understanding of the strengths, weaknesses and limitations of the banks' current business model and how that might impact an audit.
• Fully understand the impact of their audit findings, including recommendations for improvements in business processes, on the current and future business model and operating environment.
• Ensure that work at all times suitably reflects the changing scope, nature and risk profile of the business, thereby optimising the audit value-added.
• Ensure that the scope, approach and methodology of each audit are fully reflective of the importance of HSBC's focus on its customers and the quality of the operating environment necessary to support that focus.
• Clearly communicate issues and associated risks and identify the root cause and the possible strategic implications.
• Design, plan and execute assignments that are consistent with the nature and scope of the business, its risks and the materiality of those risks.
• Consistently update and maintain knowledge of the legal, compliance and regulatory issues in respect of the areas of the business being audited
• Ensure that staff allocated to each audit assignment have the necessary knowledge and understanding of the risks and regulations relevant to that assignment.
• Recognise the linkages between the HSBC's governance, risk and internal controls frameworks and their impact on the business at the strategic, tactical and operational levels.
• Where relevant, develop a clear understanding of the HSBC's customer focus, business proposition and the stakeholder context, in order to ensure that the Bank is delivering the right products to the right customers in the right way--thus safeguarding its reputation and franchise.
• Ensure that audits are executed in accordance with the management and oversight standards established within GIA as well as professional best practices

Role Context:

• An independent professional advisor who proactively engages and provides value-added expertise and advice to stakeholders and team members.
• Leads and effectively manages large and complex audits that set high standards in terms of being conducted in accordance with the business, legal and regulatory risk profile of HSBC.
• Effective at writing audit reports that adequately communicate the issues and risks to HSBC.
• Proficient at analysing audit issues and operating weaknesses as well as working with stakeholders to efficiently and effectively address them.

Knowledge & Experience / Qualifications:  

• Proven and progressive business, audit, and/or accounting experience or equivalent
• Audit background preferred
• Seasoned professional
• Bachelor's degree in business, accounting, finance, related field or equivalent experience; professional certification (CPA, CFA, or CIA)
• Strong managerial, communications, analytical, problem-solving, organizational, lateral thinking and interpersonal skills
• Solid knowledge of the Company, Group and financial services industry, businesses supported and the regulatory framework they operate in
• Broad understanding of the business, risks and related controls within areas of responsibility
• Ability to operate effectively in a globally-matrixed organisation