Senior Manager- Audit & Assurance

JOB DESCRIPTION

Job Profile:

organization that the key processes, risks, and initiatives are under control and operating

within the risk appetite by following the internal Assurance framework

Designation & Grade

Job Location:

Reporting Authority :

Specific Responsibilities:

Framework and Procedures:

• Work with the Head of PCA implement the internal

Assurance framework

• Implement the Internal Audit framework
• Conduct Reviews using assurance scoring

methodology

• Work with the owner of risk frameworks, policies

and procedures to incorporate changes to

• the overall audit and assurance framework and plan

Assurance Plan:

• Discuss with stakeholders to have an in-depth

understanding of the key processes, risks and

• controls
• Along with the head of PCA, develop a

comprehensive and dynamic risk-based Assurance

• plan for the year, covering all departments of the

organization

• Assurance plan must cover both financial and nonfinancial

risks

• Consider physical travel and desktop reviews for

the assurance plan

• Maintain costs for travel and update periodically

Conducting Assurance Reviews:

• Communicate, where applicable, the review plan to

the relevant departments/stake holders

• Assess internal risks and controls for accuracy,

efficacy and efficiency

• Change the scope of Assurance, if required, with

appropriate rationale and sufficient time

• Conduct assurance reviews prior to regulatory visits

and reviews

• Track the status of ongoing assurances and audits

and escalate any delays

Process Reviews:

• Review the list of process library for

comprehensiveness to highlight and resolve gaps, if

any

• Review the processes for factual accuracy and

efficiency prior to approving

• Act as a Single Point of Contact for Risk and LCCS

to get the approvals

Reporting:

• Escalate unresolved issues/observations identified

during assurance reviews using the approved

hierarchy of monitoring

• Ensure accurate submission of data for all internal

committees

Risk Awareness:

• Work with Stakeholders to arrive at a Training Need

Analysis and partner with HR (L&D) to deliver

• Conduct Risk Awareness sessions for stake holders,

periodically, to update them on key developments

Systems:

• Explore opportunities to automate processes and

controls.

• Participate in testing and implementation of

relevant system s, where included

• Create and maintain a central repository of the

assurance and audit calendars

Stakeholder Management:

• Conduct periodic meetings with Stakeholders to

understand new developments in the

• business and functional areas
• Represent assurance in business and functional

level meetings and committees where

• required and contribute independently and

effectively

• Provide consultations, when required, to improve

systems and processes

Qualification Requirement:

Relevant Work-experience Required: