Asst Vice President- Internal Audit Mumbai

2 weeks ago


Mumbai, Maharashtra, India Paradise Placement Consultancy Full time

Job Description:

  • Assist in development of annual risk based audit plan detailing the scope, nature andperiodicity of the audits. Mentor the team of Auditors to achieve expected quality output. Manage the team of Auditors and ensure that the Audits are executed as per the Plan by allthe Auditors. Manage approved annual audit schedule and provide the periodic status reports of audits. Assess the adequacy, effectiveness and efficiency of the established internal controls andprocedures through various audits. Review the reports prepared by the Auditors and ensure that the same are drafted in anexpected manner and appropriate recommendations are provided for the rectification of thehighlighted discrepancies. Ensure that the appropriate management comments with timelines is received in due time,report is finalized and rated on the basis of defined rating methodology. Circulate final audit reports with the rating by keeping the senior management in loop. Ensure proper repository of working papers. Effectively and efficiently follow up for the closure of identified irregularities and timely issuanceof closure memos. Identify training requirement of audit staff and provide / arrange adequate training. Conduct any special assignments if required in consultation with Head of Internal Audit Maintain code of conduct and professional ethical standards ensuring that the internal auditactivities are carried out in compliance with all standard policies and procedures Maintain all accessed information about the branch / different departments / functions in HDBFSunder strict confidentiality. Minimum 10 years of experience in the field of internal audit in Financial Sector preferablyNBFC / Bank. CA and / or CIA / CISA

Key Skills :
Corporate Audit
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