Manages financial, operational, compliance and project audit examinations of various businesses to independently and objectively identify and assess risks, evaluate adherence to controls and compliance with established policies, procedures and regulations, making recommendations for improvement. This includes administrative responsibilities, such as staffing schedule, project budgets and overall execution of the audits in a timely manner. Perform quality audit work in accordance with Group Audit Standards Manual (GASM) and Audit North America Instruction Manual (AUN IM) requirements.
Impact on the Business
Draft audit reports and conclusions for each audit, ensuring reports accurately reflect audit findings documented in audit work papers. Ensure related risks, conclusions, root causes and recommendations are reasonable and well based.
Design or approve computer-assisted audit techniques (CAATs). Subsequently review the exception reports to ensure that the team sufficiently analyzed and evaluated the data.
Ensures compliance monitoring is in place, including processes for management of operational risk, in accordance with Company and regulatory standards.
Leadership & Teamwork
Manages the audit planning process to include completion of the audit risk assessment document (ARA); manages on-site audit work to include staff work-paper review, conducting regular staff meetings and communication of audit issues to line senior and executive management.
Assists the audit team in managing assigned areas of responsibility to establish timelines including following up of outstanding document, management information reporting requests and program updates.
Maintains current knowledge of business, organizational, audit and technological changes as well as pertinent internal and regulatory policy and procedural requirements to ensure audit integrity, process innovation and service quality. Make adjustments to audit methods, programs and systems as appropriate.
Provides targeted coaching and ongoing professional development to assigned staff. Draft audit evaluations for audit team.
Completes other related duties as assigned, including participating in special projects and investigations, policy and procedures reviews, due diligence, reorganizations, consolidations and new products and systems. Support the Company's Diversity programs.
Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices.
Promote an environment that supports diversity and reflects the HSBC brand
Operational Effectiveness & Control
Review and assess Group and Company policies and effectiveness. Complete risk base audit planning and assign/manage tasks to staff and to execute assigned work.
Periodically follows up on all audit issues reported to management. Follow up should verify that all issues noted have been corrected through the establishment of mitigating controls as noted in the recommendations of the audit report. Closure of high risk issues including validation should be discussed with VP or SVP manager prior to closing the issue.
Ensures identification of business process improvements for segments audited as appropriate, to enhance operational effectiveness, customer service quality and efficient use of Company resources.
Complete other responsibilities, as assigned.
Management of Risk
Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
Observation of Internal Controls
Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
Internal Number: 855840
HSBC was born from one small idea: a local bank serving international needs. We started our business in Hong Kong in 1865. In 2015, HSBC celebrates its 150th year anniversary. Over the years, HSBC grew through expanding its branch network, offering new products and establishing its own investment banking arm.
We aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people fulfill their hopes and realize their ambitions.
• Located in 72 countries and territories
• Serving around 48 million customers
• Supported by over 268,000* people
• Head office in US is New York City
We aim to be dependable, open and connected in everything we do. We want to ensure that our employees feel able to stand up for what is right, highlight potential risks and act with integrity, even when faced with pressure to act otherwise. By doing so, we will be able to meet expectations of society, customers, regulators and investors. To make sure everybody at HSBC lives up to these values, they are a part of everyone's annual performance review.
At HSBC, you will find that we are dependable, o...pen to different ideas and cultures, and connected to customers, communities, regulators and each other. Our culture has a family feel to it – our employees are encouraged to work together to reach a common goal. This idea is supported and encouraged at the leadership level and passed down.
Our size and global reach mean more opportunities for you to grow your career with us.
We are looking for forward-thinking, driven, perceptive candidates to help our customers realise their hopes, dreams and ambitions.
This means people who are dependable, open to different ideas and cultures, and enjoy being part of a team; people who have the potential to become the future leaders of HSBC.
We encourage you to drive your own development and build your network within your office and around the world.
We provide the opportunities for you to connect with customers, colleagues and the communities in which we operate.