Internal Audit Manager

The Internal Audit function has 4 main Verticals Business & Support Process Audits, IT Audits, Area Audits and Concurrent audits; This profile would be a middle level position executing & managing the Business & Support Process Audits.

Key Responsibilities

• Executing and Managing the Business & Support process audits assigned as per the approved annual audit plan (For e.g. Sourcing/Sales, Credit, Central Ops, Collection, HR, Finance, Legal, Compliance, Risk, Treasury, etc)
• Determining the Audit scope in consultation with his seniors
• Carrying out process & system walkthroughs and drawing the Risk & Control Matrix under seniors supervision. Determine the audit procedures to be carried out
• Assisting his junior team in executing the audits and performing audit procedure
• Drafting Audit observations report and discussing the same with his senior and auditee/process owners
• Entire audit to be carried out in Audit system ensuring all steps are followed including proper workflow & documentation standards
• Addressing review comments of the senior
• Post audit Open points follow up & tracking; Closed points implementation testing
• Proactive in bringing to the knowledge of his senior, any significant observation noted during the course of the audit; Multi-tasking abilities
• Professional development of the junior team (AM/DM) through regular feedbacks on the projects; discussing their performance appraisal with his senior (Chief Mgr/AVP)
• Regular interaction/liaising with other functions/process owners; keeping himself abreast with all the developments happening in the Company; similarly keeping abreast with all the regulatory and technological changes/developments happening in the Industry
• Data Analytics Projects identification of Risk metrics/patterns that require continuous monitoring and discussing the same with Chief Mgr/AVP; Working jointly with his senior and the Data Analytics Team to get them developed in the form of system; Audit of the outliers/exceptions thrown by the system

Job Requirements

Qualifications

• CA / MBA (Preferably CA)

Experience

• Min 6-7 years of experience, with prior experience in the field of Audit/Risk/Credit/ in Banking / NBFC domain

Functional Competencies

• Prior experience of risk based audit would be preferred, however good underwriting experience (Retail, Rural, Commercial, etc) could also be considered
• Overall knowledge & experience of how Banks/NBFCs operate, the objectives and linkages of different functions and the key risks embedded in core business processes is a must

Behavioral Competencies

• Good listening and analytical skills; Eye for detail; Good Communication & Interpersonal skill