Deputy Chief Risk Officer

4 days ago


Thiruvananthapuram, Kerala, India beBeeAuditor Full time ₹ 1,80,00,000 - ₹ 2,50,00,000
Job Description

The Deputy Head of Internal Audit will be responsible for managing the audit universe, audit plans, scope and charter. This includes identifying and maintaining a detailed audit universe covering all auditable entities and processes within the organization.

He/She will also regularly update the audit universe to reflect changes in the organization's operations, risk landscape, and regulatory requirements.

The ideal candidate will define and refine audit scopes at annual, half-yearly, and quarterly intervals, ensuring a focused approach to addressing key risks and compliance requirements.

Additionally, he/she will ensure that the charter reflects organizational objectives, compliance standards, and audit independence principles.

Responsibilities include overseeing the overall management and control of the internal audit functions of MFL, ensuring that audits are conducted in accordance with the approved audit plans, scope, and charter.

Furthermore, he/she will develop and implement a comprehensive branch audit plan of Muthoot Fincorp Ltd (MFL), ensuring timely completion of Branch Audits.

The candidate will oversee field functionaries, including Zonal Heads, Audit Managers, and Internal Auditors, to ensure effective execution of the plan.

Moreover, he/she will assign and conduct snap audits and surprise audits as needed to ensure operational compliance and mitigate risks.

Key Responsibilities:

  • Manage the audit universe, audit plans, scope and charter
  • Update the audit universe regularly
  • Define and refine audit scopes
  • Ensure that the charter reflects organizational objectives, compliance standards, and audit independence principles
  • Oversee the overall management and control of the internal audit functions of MFL
  • Develop and implement a comprehensive branch audit plan
  • Ensure timely completion of Branch Audits
  • Oversight of field functionaries
  • Assignment and conduct of snap audits and surprise audits
Required Skills and Qualifications

Post graduate degree in any discipline is required.

Additional qualification such as Fellow / Member of IIB&F/ICAI/ICMAI/ICSI is preferable.

At least 20+ years of banking / NBFC / any other financial or Insurance sector experience is required.

Benefits

The Deputy Head of Internal Audit will have opportunities for growth and development within the organization.

He/She will work in a dynamic environment with a team of experienced professionals.

Additionally, he/she will have access to training and development programs to enhance their skills and knowledge.

Others

The Deputy Head of Internal Audit will be responsible for ensuring compliance with all regulatory and statutory guidelines applicable to Non-Banking Financial Companies (NBFCs).

He/She will also be responsible for conducting periodic Quality Assurance (QA) checks at the field level by engaging Audit Managers and Zonal Heads of Audit.



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