Senior Audit Manager, Asset Management and Insurance

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Business Descriptor:

The primary role of Global Internal Audit (GIA) is to help the Board and Executive Management to protect the assets, reputation and sustainability of the HSBC Group. GIA provides independent and objective assurance over the design and operating effectiveness of the Group’s framework of risk management, control and governance processes. GIA possesses specialized capabilities and skills through its versatile, inquisitive, and diverse team of global professionals.

GIA values the diversity of perspectives, knowledge and experiences and we encourage candidates from an array of disciplines and backgrounds. GIA supports flexible working.

Role purpose

We are currently seeking an experienced Senior Audit Manager (Asset Management and Insurance Audit) to deliver audits and provide internal stakeholders with critical assessments of HSBC’s governance, risk and control frameworks. The Senior Audit Manager will:

- Effectively manage individual audits and activity through planning and delivery of the annual audit plan within expected timeframe, standards, methodology, budget, and best practices.
- Devise, develop and champion the use of relevant audit techniques and approaches to drive operational effectiveness and improve management of audit assignments.
- Confirm that audit findings and recommendations are understood and mitigated.
- Drive the co-ordination and collaboration to make sure audit work is consistently delivered.
- Manage the interface between stakeholders to confirm a common understanding of key deliverables.

Accountabilities for Business, Customers and Stakeholders

Expertise (i.e. commercial awareness, understanding of products and services)

- Demonstrate strong knowledge of the applicable Business, Functional, and Regulatory environment, including developing trends, risks, controls, and expectations.
- Support a strong risk and conduct culture across the Group and promote awareness and sound operational and strategic decision-making.
- Critically analyse and determine key drivers of change for area of coverage and assess how these will impact GIA’s engagements.
- Use insights and knowledge of HSBC, industry and developments to assess areas of concern.
- Regularly review audit plan to confirm focus on material risks and regulatory requirements.

Area of Impact (i.e. geographical remit, complexity of products / businesses the role is accountable for)

The geographical remit of the role covers Asset Management and Insurance businesses globally, including but not limited to China, Hong Kong, India, Singapore, Taiwan, UAE and US.

Leadership & Teamwork

Leadership (i.e. manages people - professionals, manager of managers)

- Promote the use of HSBC standards, sharing of knowledge and industry best practices.
- Coach and mentor team members and colleagues to enable professional development.
- Facilitate a culture of continuous learning, encompassing technical and soft skills.
- Deliver audit assignments, including continuous monitoring and risk assessments, provide constructive challenge, and value adding engagement with key stakeholders.
- Share business developments, management information, and updates obtained from Senior stakeholders with team members.

Interpersonal Skills (i.e. communication, collaboration, networking, and negotiation)

- Effective communication with Senior Management on the major plans, projects, strategic developments, and industry trends that impact functions and businesses. Maintain constructive relationships with external auditors and regulators.
- Actively promote collaboration and sharing of ideas across GIA.
- Contribute to the development of a results oriented, highly motivated, diverse and inclusive team.
- Coherently articulate audit findings to stakeholders and obtain commitment to correct control deficiencies.
- Effectively discuss potentially challenging matters and successfully negotiate the acceptance of audit findings and outcomes.
- Ability to communicate with impact, ensuring complex information is articulated in a meaningful way to wide and varied audiences.

Background & Experience

Functional Knowledge & Experience (i.e. understanding of concepts and principles)

- 10 – 15 years relevant work experience in the Financial Services Sector, consultancy, and external audit is preferred.
- Relevant regulatory and board-level engagement experience
- Relevant knowledge of Asset Management or Insurance products
- Relevant accounting, audit, analytical, financial, project management, programming, quantitative, risk, and technology skills, qualifications or certifications.
- Undergraduate or graduate degree in business, accounting, mathematics, or social sciences
- Preference given to qualified accountants, CIA, CISA, CFE, or ACAMS
- Fluency in English
- Mature team player who is highly professional.
- Minimum Graduation or as required for the role, whichever is higher

Problem Solving (i.e. complexity and evaluative / analytical thinking involved in formulating solutions)

- Analytical and critical thinker, who can effectively manage competing priorities and complex challenges to deliver positive outcomes.
- Apply qualitative and quantitative methods to analyze and investigate challenging scenarios and situations.
- Produce smart, simple, and pragmatic solutions.
Note:
As an employee, you are required to perform your duties in a professional capacity exercising independent judgement, discretion and decision-making authority in planning, organising, directing work, supervising and appraising the work of team members, as applicable; and taking accountability for delivery outcomes. You will represent the organization with relevant internal and external stakeholders. You will allocate and prioritize work, provide direction and feedback, manage team capacity and leave in line with policy as applicable.

- Pro-tip : Familiarity with AI-enabled tools is an advantage.

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Issued by HSBC Professional Services India Private LImited