Job
Description
Unit Manager - Corporate Audit Services / Senior Unit Manager - Corporate Audit Services
Job Purpose
To act as a key team member of the Corporate Audit Services (CAS). Ensure contribution in planning, scoping, and execution of business/function reviews covering process controls, IT controls, compliance, and finance linkage. Frame audit observations citing process gaps, simplification, and value addition. Discuss audit observations and obtain preliminary audit responses under the supervision of National Leads. Additionally, contribute to team activities such as documentation, knowledge sharing, and keeping updated with organizational development. Duties and Responsibilities
Planning: Contribute to CAS AOP process, including mission statement, org structure, capacity planning, theme, detailed area coverage, and calendar. Explore and participate in standardizing theme/plan. Contribute to AOP plans for group companies. Assist in preparing presentations of AOP to SMTs, MD, and audit committee. After approval from the Board, follow the month-wise audit plan. Audit Execution: Engage with business stakeholders and discuss scope ahead of the audit. Gather input for pre-audit Management Awareness and Audit Score (MAAS) scorecard. Finalize audit scope and areas under guidance of National Lead. Define review approach, data requirements, and BIU report requests. Review processes including sourcing, underwriting, operations, collections, IT linkage, finance linkage, compliance, and outsourcing. Identify process gaps, duplication, redundancy, simplification, errors, fraud risks, regulatory non-compliance, and financial reporting improvements. Execute audit fieldwork under National Lead’s guidance. Prepare draft audit report with key observations and recommendations. Conduct post-audit review meetings with stakeholders and agree on draft responses. Partner on Corrective Action and Preventive Action for recommendations. Audit Presentation and Review: Prepare draft audit observations and compile them with appropriate drafting, backup, and data support under National Leads’ supervision. Obtain first-level audit responses. Attend MD review as needed and assist in preparing relevant sections of audit report for MD presentation. Assist in preparing the final audit report for the Audit Committee. Participate in presentations to the committee, respond to queries, and provide clarifications. Capability Enhancement: Stay updated with latest BFSI, accounting, technology, fintech, and compliance-related developments. Remain aware of changes in internal business processes/practices and incorporate them into audit frameworks. Team Management and Coaching: Participate in team activities around technical and soft skills enhancement.
Key Decisions / Dimensions Prioritization of specific areas during fieldwork, including focus areas and testing approach. Deciding the approach for data analysis, sample size selection, and data analysis methods.
Major Challenges Operating in a fast-paced, growing organization with 35+ product pool and rapidly changing business processes. Keeping pace with evolving compliance requirements, fintech, and technology landscape, including complex integrated systems. Maintaining focus on business and IT impact during reviews, identifying blind spots and process gaps.
Required Qualifications and Experience Qualifications: Minimum QualificationCA Work Experience: Exposure to internal/statutory/compliance audits. Bright academic record or experience with Big 4 firms or reputed companies. Strong analytical skills, process approach, out-of-the-box thinking, interpersonal communication, and ability to assess processes in light of business impact.
