IIFL Home Loans
3 weeks ago
Lead - Business Audit/Concurrent Audit/File Audit/Branch Audit/Construction Finance Audit
Key responsibilities :
- Supervise, conduct, and report on the testing and adequacy of the organization internal controls over Loans disbursed, Branch compliances and post disbursal compliance review of construction finance portfolio.
- Survey functions and activities in assigned areas to determine the nature of operations, and adequacy of the system of control to achieve established objectives.
- Identify common trends across audits and organization-wide issues, proposing appropriate systems control for improvements.
- Identify existing and potential risks and probable solutions for mitigating the same
- Develop and maintain the Internal Audit Procedures to ensure that best practice is taken account of and that the audits address specific areas of risk management.
- Evaluation of Overall Internal Control Ecosystem and monitor the implementation status of all recommendations.
- Responsible for monitoring and conducting of periodical branch audits compliance reviews.
- Efficient and effective tracking of Post disbursal documents for the loans disbursed.
- Ensure closure on audit observation within defined timelines, in coordination with relevant stakeholders and reporting thereof.
- Conduct risk assessment of audit reports and findings
- Recommend corrective and preventive actions along with suggesting improvements.
- Complete audit work papers by documenting audit tests and findings, highlighting observations.
- Create performance reports and data models to help make organization-level decisions.
- Produce high quality reports highlighting issues and suggesting potential solutions (ref:iimjobs.com)
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