Senior Audit Leader

4 days ago


Mumbai, Maharashtra, India IDFC FIRST Bank Full time

Job Title: Senior Audit Leader - Business Process Excellence

Function: Internal Audit

Job Purpose:

The role involves leading internal audits to ensure the bank's audit cycle remains effective and up-to-date. Key responsibilities include preparing and administering the annual audit plan, managing complex audit projects, and ensuring execution of the audit plan as per agreed timelines.

Roles & Responsibilities:

  1. Develop and implement the annual audit plan to ensure effective coverage of bank operations.
  2. Manage the planning, risk assessment, scoping, and resourcing of complex audit projects to ensure quality outcomes.
  3. Lead preliminary planning and establish direction for audits, providing support to assigned auditors.
  4. Ensure the execution of the audit plan as per agreed timelines and draft audit reports for review and finalization.
  5. Review working papers prepared by subordinates and take complete ownership of the audit process.
  6. Identify critical areas for continuous monitoring and develop exception reports as needed.
  7. Develop operational expertise in core areas and leverage in internal audits.
  8. Present audit trends and results to senior management, highlighting key metrics and strategic analysis.
  9. Prepare audit committee presentations for quarterly audits, including critical issues and action plans.
  10. Conduct follow-up audits to ensure regulations and bank rules are met and best practices are followed.
  11. Provide guidance and training to project team members in internal audit.
  12. Share best-practice knowledge amongst the team and foster a collaborative learning environment.


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