Internal Audit:Auditor - CO Functions

About Internal Audit

Internal Audit function of the Bank, operates independently under the supervision of the Audit Committee of the Board and is responsible for providing an independent view to the Board of Directors and Senior Management on the quality and efficacy of the internal controls, risk management systems, goverce systems and processes in place on an on-going basis This is provided to primarily ensure that the business and support functions are in compliance with both internal and regulatory guidelinesThe Corporate Audits Function participates in the risk assessment of areas that are under audit The impetus is to drive the audit function and executing the audit area within the stipulated budget frame The CO Audit Team also works upon process improvement, bringing out irregularities according to guidelinesEnsure commencement / completion of audit assignment within time norms, adhering to given schedules, and ensuring adherence to audit / ISO processes and ICAI standardsEnsure adherence to the audit process and methodologyConduct thematic reviews, special audits and investigations and provide qualitative suggestions /recommendations for improvement of processes and effectively bringing out the irregularities relating to violations of regulatory / external guidelinesEnsure timely submission of synopsis of the audit report (for the areas audited during the period)Review compliances submitted by the audited unit and ensure quality of closures prior to submitting the updated compliance tracker to the Back office teamQualificationsCA with additional professional qualification such as MBA/CAIIB/CIAExperience in SOX testing and involved in audit, compliance and risk managementRole ProficienciesFor successful execution of the job, a candidate should possess the-Knowledge of relevant Audit SystemsGood communication (both verbal and written) and inter-personal skillsStrong Excel and database manipulation skills, ficial and statistical analysis skills)Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environmentAbility to prioritize and make decisions in a fast-paced environmentAbility to manage multiple tasks/projects and deadlines simultaneously