Deputy Unit Manager

Job Purpose
To act as a key team member of the Corporate Audit Services (CAS). Ensure contribution in planning, scoping & execution given areas of business/function reviews covering Process controls, IT controls, Compliance & Finance linkage. Frame the audit observations citing process gaps, simplification & value addition. Discuss the audit observations & obtain preliminary audit responses under the supervision of National Leads. Additionally, contribute to team activities such as Documentation, knowledge sharing & keeping updated with organizational development.Duties and Responsibilities
1. Planning
 Contribute to CAS AOP process. CAS presents new theme every year for AOP. AOP includes mission statement, org structure, capacity planning, theme & detailed area coverage, calendar.
 Explore & participate in standardizing plan. Also contribute in AOP Priorities / Projects
 After getting approval from the Board, follow the month wise audit plan.

2. Audit support & execution
 Assist in planning and executing concurrent audits of financial and operational processes
 Review critical fields availability and accuracy in customer loan collaterals on a set frequency
 Review KYC documents, PAN/Form 60 including customer photo availability in BFL system
 Verification of KYC documents submitted during onboarding by customer
 Review data submission to Bureau, UCIC creation process, Claim submission for govt. schemes etc.
 Co-ordination with Sumasoft vendor for Image based checking and with Ops for observations closure
 Execute above areas under the guidance of National Lead for conducting the audit fieldwork.
 Prepare draft audit report with key observations and share with auditee within agreed timelines
 Conduct meetings with the business stakeholders with weekly/fortnightly/monthly frequency and define the Corrective Action and Preventive Action for observations shared

3. Documentation & Reporting
 Prepare and maintain audit work papers and evidence
 Maintaining Input/Output tracker & MIS for sample data sharing with Sumasoft
 Use standardized formats & Templates for documentation and timely upload in audit system
 Update Tracker as per agreed format within agreed timeline

4. Audit presentation and review
 Prepare draft audit observations for the audit report. Work under supervision of National Leads to compile the observations with appropriate drafting, backup & data support. Obtain first level audit responses.
 Attend the Steering Committee meeting/ MD review need based & assist in preparation of audit report

5. Capability enhancement
 Remain updated with latest BFSI, Accounting, technology, Fintech & compliance related developments. Also Stay updated and aware of any changes in internal business processes/ practices; ensure that these are factored into the audit frameworks.

6. Team Management and Coaching
 Participate in team activities around technical & soft skills enhancementKey Decisions / Dimensions
 Specific area prioritization during field work in terms of what areas to focus on and what testing approach to be used.
 Deciding the approach for data analysis; what sample size to take and how to analyze the data.Major Challenges
 BFL is a fast-paced growing organization with 40+ product pool. The business processes are changing at a very fast pace, so it is important to keep oneself updated and in fact, try to think ahead of the business.
 External world around compliance requirements & Fintech / technology is growing & changing rapidly. The modern technologies are complex & integrated. Need to stay focused on business & IT impact during the reviews on any of the blind spots / broken chains in the same.Required Qualifications and Experience
a) Qualifications
 Minimum Qualification: CA Inter/ M.COM/ B.COM
b) Work Experience
 Minimum 3-4 years of experience (with Big 4 firms / reputed companies- BFSI)
 Strong acumen to analytical skills, process approach, out of box thinking, interpersonal communication and ability to assess the processes in light of the business impact.

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