Manager, Global Markets Internal Audit
About the job
ICBC Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, and in expanding the size of our team, we are looking for a Global Markets Internal Audit Manager to join our dedicated team at our London offices.
What you'll be doing
The primary purpose of this role is to lead a broad range of internal audits that contribute to the delivery of a diverse and dynamic Global Markets audit portfolio across Global Markets trading activities (Fixed Income, FX , Credit, and Structured products, as well as Commodities (Physical and Financial) as well as managing the relationship with stakeholders in assigned Global Markets business areas
What you'll need to be successful
We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.
- ACA or other equivalent qualification (e.g. ACCA, CIMA ect)
- Good level of post qualification Global Markets audit experience.
- Proven track record of leading audits and understanding the risks, processes and controls within Global Markets, with exposure to Commodities products.
- Deep knowledge of current industry practices in compliance matters and understanding of recent regulatory developments.
- A flexible individual with an ability to undertake a varied portfolio of audits and to manage the relationship with key senior stakeholders within the firm.
- The individual will need to demonstrate a track record of being adaptable and tackling new subject areas independently.
You will be responsible for delivering high-quality, risk-based audits - both front-to-back and thematic - providing independent assurance over the adequacy and effectiveness of Global Markets controls.
The role includes leading, project managing, executing and documenting audit testing, and reporting findings as part of:
- Front-to-back and thematic Global Markets audit work.
- Other ad hoc audits, reviews and investigations as requested by management, not limited to Global Markets but extending to the Operations, Compliance, Finance, and Risk support functions within the Bank.
The expectations of this Manager role encompass the following:
- Good understanding of Global Market products and support functions within a Global Markets environment, both from an internal operational perspective and an external market driven perspective.
- Good understanding of the current regulatory environment and developments with respect to regulatory rules and guidelines, and key current industry topics.
Being risk focused
- Able to determine the risk-based scope of Global Markets audit through appropriate analysis and differentiate between what is important and what is not to propose a preliminary scope of work. Appropriately apply professional skepticism.
- Expected to raise findings and articulate the results and impact of audit work, both verbally and in writing, to contribute to a quality internal audit product.
- Expected to be actively involved in the quarterly risk assessment and annual audit planning process, demonstrating an ability to apply both business and industry understanding to the internal audit assessment of technology risk in the Bank.
Efficient and effective service delivery
- Expected to lead and execute audits from planning through to audit reporting in line with agreed timeframes.
- Expected to project manage audits to ensure completion and documentation of audit testing in line with agreed budgets.
- Expected to be able to use and apply an appropriate mix of audit approaches and testing methods, including data analysis techniques, on individual assignments to deliver efficient and effective audit testing.
- Expected to be resilient and determined to see projects through to completion.
People
- Team player who recognizes the Bank-wide and departmental goals and objectives and strives to achieve them.
- Draw upon technical competency, to operate effectively and supportively within a medium sized Internal Audit team, and build strong relationships with management
- Strong relationship management skills with management at an audit and portfolio level.
- Pro-active individual who will share technical knowledge and understanding, escalate questions for broader consideration, consultation, and discussion whilst maintaining appropriate personal accountability.
- eading and execution of Global Markets audit work across Fixed Income, FX , Credit, and Structured products, as well as Commodities (Physical and Financial) and reporting the results to management.
- Conduct ad hoc reviews and special investigations as requested from time to time by management.
- Ensure Global Markets audit work is documented in accordance with internal and professional standards.
- Maintain leading edge industry knowledge and technical competence.
- Provide cost-effective and value added recommendations to management and contribute to enhancing the overall internal control environment.
- Ensure that audit reporting addresses all key control weaknesses.
- Provide input to the annual risk assessment and planning process.
- Develop effective ongoing relationships with senior Global Markets management.
Why should you join us?
ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York.
We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.
Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.
We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.
What's in it for you?
- Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
- Hybrid working the option to work remotely up to two days per week, depending on the role.
- Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies.
- Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme.
- Community paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
- Development a suite of opportunities to build the skills you need to excel in your role
If you're excited about becoming part of our team, get in touch. We'd love to hear from you!
ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.
