Manager - Internal Audit

Job Description

Job Role

Branch Audits Develop annual Branch audit plan detailing the scope, nature and periodicity of the Branch audits.

Design internal audit procedure to ensure timely execution of Branch Audits as per the Plan.

Assess the adequacy, effectiveness and efficiency of the established internal controls and procedures through the Branch audits.

Review the reports prepared by the Auditors and ensure that the same are drafted in an expected manner and appropriate recommendations are provided for the rectification of the highlighted discrepancies.

Discuss critical audit findings immediately with the line manger and report significant issues to Head of Internal Audit.

Ensure that the appropriate management comments with timelines is received in due time, report is finalized and Branches are rated on the basis of defined rating methodology.

Circulate final audit reports with the rating to the branches keeping the senior management in loop.

Train and mentor the branch audit staff.

Process Improvements Random visits to branches to monitor the Branch Audit process and performance of the Auditor.

Periodic review and revision of Audit checklist and rating methodology basis the changes brought in by management and regulators.

Train the subordinates on the new changes brought in the Audit checklist and rating methodology.

Management Reporting Prepare Audit committee pack in consultation of the Reporting manager.

Assist in overall preparation of the Audit committee presentations.

Act upon the actionable as directed by Head Internal Audit.

Timely completion of Critical Audits.

Conducting Branch audits and driving team.

Training and supervising the Internal Audit staff.

Focus on material aspects during Functional / Process audits.

Liaising with all the relevant stakeholders and maintain good working relationship.

To identify automation opportunities for IA function.

Review of Access right management for employees and vendors.

Key Responsibilities

Branch Audits Develop annual Branch audit plan detailing the scope, nature and periodicity of the Branch audits.

Design internal audit procedure to ensure timely execution of Branch Audits as per the Plan.

Assess the adequacy, effectiveness and efficiency of the established internal controls and procedures through the Branch audits.

Review the reports prepared by the Auditors and ensure that the same are drafted in an expected manner and appropriate recommendations are provided for the rectification of the highlighted discrepancies.

Discuss critical audit findings immediately with the line manger and report significant issues to Head of Internal Audit.

Ensure that the appropriate management comments with timelines is received in due time, report is finalized and Branches are rated on the basis of defined rating methodology.

Circulate final audit reports with the rating to the branches keeping the senior management in loop.

Train and mentor the branch audit staff.

Process Improvements Random visits to branches to monitor the Branch Audit process and performance of the Auditor.

Periodic review and revision of Audit checklist and rating methodology basis the changes brought in by management and regulators.

Train the subordinates on the new changes brought in the Audit checklist and rating methodology.

Management Reporting Prepare Audit committee pack in consultation of the Reporting manager.

Assist in overall preparation of the Audit committee presentations.

Act upon the actionable as directed by Head Internal Audit.

Timely completion of Critical Audits.

Conducting Branch audits and driving team.

Training and supervising the Internal Audit staff.

Focus on material aspects during Functional / Process audits.

Liaising with all the relevant stakeholders and maintain good working relationship.

To identify automation opportunities for IA function.

Review of Access right management for employees and vendors.