Internal Audit:Auditor-Thematic Audit

No of VacanciesReports toHead Branch Audit & Snap AuditIs a Team leaderYTeam Size4GradeDM - SMBusinessDepartmentSub-DepartmentLocationAbout Internal AuditInternal 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 guidelinesAbouttheRoleThe role of Auditor involves:Monitoring risk trend movement based on various parameters identified for risk categorization and identification of triggers for outlining breaches in risk thresholdsConducting trigger based thematic audits based on the above identification for the areas covering Central Offices, Business Functions, Retail Banking Operations, Transaction Banking Operations & Banks new products & processesIndependently managing the process of submission of information / reports / notes to the various stakeholdersExecution of thematic audits by adhering to given schedules and ensuring adherence to audit / ISO processes & ICAI standardsReview of Compliances of Audit reports submitted by Auditee unitsEnsuring follow up for closure of reports and files within prescribed timelinesReview of Data Points under RBS Tranche I, Controls under RBS Tranche II & Regulatory Guidelines covered as part of RBS Tranche III and trend analysis of inherent & control risk movement and identification of hotspotsEnsure adherence to the Regulatory guidelines, Internal guidelines, new products / processes / policies, RBS data points, etc during Internal Audit processConducting internal audits within stipulated time and submission of audit reports based on risk based audit normsEnsuring quality of audit report (depth & coverage) by focusing on root cause analysis and providing qualitative suggestions/recommendations for improvement of processes & mitigation of riskEffective use of off-site audit reports (with special focus on data mining & analysis) for bringing out risks in the audit reportsConducting planned and unplanned audits and provide qualitative suggestions/recommendations for improvement of processesUpdating skill sets and knowledge through continuous readings, attending trainingsEnsuring timely follow up on closure of audit findings; checking the closure in line with the risk and recommendation; processing the closure of audit issues / reports as per the policyTimely submission of information relating to audits conducted to internal and external stakeholdersQualificationsCA/MBA (fice)4-10 Years of Banking Domain Experience, with prior experience in Operational / Liquidity / Credit / Market RiskRole ProficienciesDemonstrate proficient understanding of Operational Risk, Credit Risk, Market Risk, Liquidity Risk & Pillar II Risk covering areas like Central Office, Business Function, Retail Banking Operations & Transaction Banking OperationsKnowledge of Business Applications used in banking industryUnderstanding of RBS Tranche I Data Points, Controls under RBS Tranche II and Regulations covered as part of RBS Tranche IIIUnderstanding of statutory and regulatory requirements and policiesWorking on the preparation of the Audit Calendar for the year basis the residual risk assessment and methodology defined in audit policy of the bankConducting specific audits basis plan or trigger based requirements of the bankDrafting of detailed audit reports with assessment details, preparation of supporting workpapers, clearly documenting the observations noted with implications and recommending corrective actions to auditeeCoordinating and supporting the Bank s compliance team during RBI Audits and other external auditsGood communication (both verbal & written) and inter-personal skillsAbility to work as a part of team and contribute towards team goals