AML Audit Manager(s)

  • Newark, NJ

Employment Type

: Full-Time

Industry

: Accounting



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We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base. TITLE: AML Audit Manager(s) LOCATION: Newark, NJ DUTIES: Execute assigned audit work in compliance with budget, timelines, regulations, and Standard Chartered Bank's Group Internal Audit (GIA) standards. Coordinate audit projects and prepare reports on audit findings. Provide guidance to team members to execute assigned audit work. Conduct risk assessment of GIA practice and methodology collect and analyze GIA operational data to conduct risk assessment and ensure independence by identifying deficient controls and operational inefficiencies, including duplicated effort, extravagance, fraud, and other non-compliance with laws, regulations, and internal standards. Apply risk assessment to develop appropriate audit plan for US AMLA. Ensure scoping of assigned audit work addresses key risks identified in risk assessment and audit plan, and meets relevant regulatory requirements needed to be covered by GIA. Evaluate quantitative and qualitative data to diagnose underlying issues, patterns, and root causes during an audit, and monitor and track assigned audit issues and action plans. Report overdue items to the appropriate team manager, US AMLA, or Country Head of Audit (CHOA) for escalation to the appropriate business manager and/or governance committee. Engage with auditees and team manager to rollout operation risk framework and assess effectiveness of operational risk management framework. Attend product/country meetings such as process governance committee, business operational risk forum, and country operational risk committee to keep up-to-date on key business matters, ensure risks are appropriately identified and discussed, and that timely remediation plans are implemented. REQTS: Must have a Master's degree in Accounting, Business Administration, Finance, or a related field, plus 3 years of experience in Governance, Risk, or a business environment; or a Bachelor's degree in Accounting, Business Administration, Finance, or a related field, plus 5 years of progressively responsible post-baccalaureate experience in governance, risk, or a business environment. Of the required experience, must have 3 years of experience in each of the following: Liaising with colleagues in internal audit, or other business units; Working across different functions globally; Changing priorities at short notice; Developing innovative solutions to analyze issues; Experience in Governance, Risk, or a business environment analysis; Applying auditing and/or risk management concepts to carry out assigned audits or risk reviews; Preparing reports on audit findings or risk reviews; Conferring with company officials about financial and/or regulatory matters; Reviewing risk assessments and/or process planning; Evaluating financial and/or information systems to recommend enhanced operational controls, and ensure system reliability and data integrity; and reviewing business strategy, plans, products, performance, and related issues for institutions. Of the required experience, must have 2 years of experience in each of the following: Monitoring Compliance with the following Anti-Money Laundering (AML) regulations: the Bank Secrecy Act, Office of Foreign Assets Control (OFAC) sanctions, and the Foreign Corrupt Practices Act; Working with the following US regulatory requirements: Bank Secrecy Act/AML regulations, Office of Foreign Assets Control (OFAC) sanctions, Foreign Corrupt Practices Act, and Anti-Bribery and Corruption requirements; Working with AML processes related to Know Your Client (KYC) and Client Due Diligence (CDD) processes, transaction monitoring, and suspicious activity reporting; Applying knowledge of corporate structures to identify inherent FCC risks; applying FCC principles for audits or risk reviews over correspondent banking clearance services; and reviewing Financial Crime & Compliance (FCC) risks inherent within commercial and international corporate institutions. Must be willing and able to travel nationally approximately 20% of the time.Salary Range: NAMinimum Qualification5 - 7 years


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