Job
Description
Job Position : Internal Audit (Deputy Manager / Manager) Location : Head Office, Bangalore Qualification : B.Com/MBA Skills Micro Finance and Rural banking knowledge. Proficiency in MS Office Excellent written and verbal English communication skills Multilingual - Added advantage to individuals who are able to speak more than one language (Hindi, Kannada, Telugu,Tamil) Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations Flexibility to adapt to a variety of engagement types, working hours and work environments Effective at inspiring and motivating team members in order to deliver high quality standards Recognizing the developmental requirements of team members and set goals to achieve them Job Description Oversee and manage the back-office audit team, ensuring efficient operations and adherence to timelines. Coordinate closely with the regional and zonal internal audit teams to maintain alignment and consistency in audit procedures. Collaborate with senior management and other departments to ensure seamless communication and implementation of action plans arising from audit observations. Provide regular updates to senior management regarding the status of audit observations and action plans. Constant updates on Internal audit observations and implementation status with Senior Manager Prepare and submit Management Information System (MIS) reports to stakeholders within defined timelines, ensuring accuracy and clarity in the information provided. Develop and maintain a comprehensive risk-based audit plan to identify key risks and ensure appropriate audits are conducted to address them. Manage the Audit Management System, working closely with IT teams and vendors for system coordination and improvements. Prepare Business Requirement Documents (BRD) for system enhancements as needed. Prepare various reports and insights for the Audit Committee Board, focusing on key audit findings and actionable recommendations. Analyze data from internal systems to provide management with timely insights and support decision-making. Design and maintain audit checklists for new and existing products, ensuring they are relevant, comprehensive, and aligned with broader audit programs. Lead audits for various loan products, including Two-Wheeler loans and other NBFC products, ensuring compliance and risk management practices are followed. Facilitate coordination with external auditors, consultants, and vendors on matters related to controls, policies, processes, and compliance. Create audit triggers and assist in the planning and execution of Risk-Based Internal Audits (RBIA) to enhance risk identification and control evaluation. Provide expert advice and support to departments on the creation or modification of policies, processes, products, and services to ensure compliance and effective internal controls. Contribute to the overall effectiveness of the Internal Audit (IA) function by identifying business risks and evaluating controls to mitigate those risks, ultimately improving risk management, control, and governance processes.
