Associate Vice President - Internal Audit

Act as a team leader to predominantly supervise & control Internal audit operations.

Key responsibilities:

- As a seasoned professional applies solid understanding of internal audit standards, policies, and local regulations to provide timely audit assurance.

- Contributes to the development of audit processes improvements

- Applies solid understanding of how internal audit collectively integrates with line management and control functions to accomplish the objectives of business.

- Ensure that the Audit Scope and Coverage is dynamic as to remain abreast in line with changing regulations, changing market conditions and changing business model of the company.

- To ensure that assigned audits are completed within budgeted timeframes, and budgeted costs.

- Provide coaching to team members in all phases of the audit process. Guiding team members in all critical issues being surfaced in their respective Regions from time to time.

- Monitors the risk environment and assesses the emerging risks through the Business Monitoring process.

- Recommends appropriate and pragmatic solutions to risk and control issues.

- Applies knowledge of key regulations to influence audit scope.

- Develops effective line management relationships to ensure strong understanding of the business.

- Pro-actively develops automated routines to help focus audit testing.

- Submission of periodical reports on Frauds/critical issues to Head - Internal Audit and assisting in submission of ACB Papers.

- Sharing of critical issues with Audit Managers/SAHs across Pan India and coordinating with them for early resolution

- Conduct of training sessions for Auditors & making them aware of latest instructions and strengthening of gold audit process from time to time.

- Team building among the auditors and implementation of uniform procedures/processes across PAN India.

- Inspection of Branches of gold stock and process adherence and ensure timely closure of the discrepancies