Team Leader - Internal Audit

8 - 12 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be contributing to the Internal Audit function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks. This will help improve the effectiveness of risk management, control, and governance processes. You will take the lead in developing and executing the company's audit plan and be involved in the day-to-day execution of internal audits. Additionally, you will participate and lead in Internal Audits. Your responsibilities will include participating in opening meetings with stakeholders to explain the scope and objectives of the audit, performing process walkthroughs to identify key risks and control matrix, and evaluating the adequacy of process design and the effectiveness of controls in meeting business and control objectives. You will conduct audit discussions with business management to identify root causes and obtain sustainable management action plans. As part of your role, you will be responsible for preparing concise and informative audit reports to effectively communicate the findings. You will also develop a risk-based test plan by selecting appropriate audit approaches, test procedures, and sampling criteria based on professional judgment and departmentally defined internal audit methodology. Furthermore, you will perform audit tests and prepare working papers in accordance with professional IIA standards. Other duties will include the identification of the audit universe, risk assessment of audit entities, and the development of the annual Internal Audit plan. It is essential to keep abreast of changes in the risk environment within and outside the organization. All responsibilities should be performed according to the Company Values and guidelines mentioned in the Company policies, as applicable, and within the parameters of the Company Code of Conduct. To be eligible for this role, you should have a minimum of 8-10 years of experience in internal audit across financial services industries. Experience in managing stakeholders will be an added advantage.,

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Higher Education

Mohali Punjab

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