Audit Manager - Functions - CA

Key Responsibilities

This role involves supporting Senior Audit Manager (SAM) in following primary activities related to Bank Group with specific focus on India operations.

Non Audit Activities (NAA) - (Weightage - 25%):

- Preparation of audit submissions for regulatory and internal committee reportings.

- Support HOA in regulatory inspections and external audits.

- Drive Concurrent audit review group (CARG) forum and manage all associated deliverables.

- Manage audit schedule.

- Help with ad-hoc regulatory queries.

Audit Work (Weightage - 75%):

- Audit planning, fieldwork, reporting and issue tracking/validation for work assigned in an efficient and effective manner within GIA methodology. There may be some travel required.

- Support SAM in Risk Assessment work related to Auditable Entities (AEs) assigned.

Strategy:

- Support the team manager/team leader by executing audit planning, fieldwork, reporting and issue tracking for work assigned in an efficient and effective manner such that audit work meets the given budget, quality standards and timelines required by the GIA methodology.

Business:

- Strong awareness and in depth understanding of the key risks in pre implementation and Business As Usual

- (BAU) controls and processes associated with support functions i.e., Finance, Treasury, Financial and Non Financial Regulatory Reporting (including Risk Based Supervision (RBS)), Third Party Risk and Conduct and Financial Crime Compliance (CFCC)

- Strong awareness and in depth understanding of the key risks involved in the audit of Finance, Treasury,

- Regulatory Reporting, Third Party Risk and Conduct and Financial Crime Compliance (CFCC).

- Strong awareness and in depth understanding of applicable RBI regulations.

Processes:

- Participate as team member or team leader for assigned audits.

- Support the team manager/team leader by executing audit planning, fieldwork, reporting and issue tracking for work assigned in an efficient and effective manner such that audit work meets the given budget, quality standards and timelines required by the GIA methodology.

- Evaluate quantitative and qualitative data to diagnose underlying issues, patterns and root causes, as a part of regular audits.

- Monitor/track assigned audit issues and action plans, and report overdue items for audit lead/ managed to the appropriate responsible person within GIA for escalation to the appropriate business manager and/or governance committee for resolution.

- Apply a high level of attention to detail to ensure audit reports are accurate, clear and articulate key risks, root causes and impact.

- Ensure timely escalation of delays in conforming to methodology standards, both to auditee management and GIA management.

- Ensure timely execution of deliverables.

People & Talent:

- Establish and maintain the effective working relationships to keep abreast of business developments and to maintain regular dialogue with stakeholders on areas of concern and to help them improve their overall control environment.

- Lead by example on how to communicate audit-related matters and resolve any conflict between auditors and auditees during an audit. Use networks and relationships to build engagement and achieve results.

- Conduct/attend regular meetings with stakeholders.

- Engage with the business and stakeholders on the audit process to enable auditees to have a better understanding of the role and operation of GIA, with the aim of further building relationships and improving

Skills and Experience:

- Manage Conduct

- Manage Risk

- Manage People

- GIA Methodology and Systems

- Stakeholder Engagement

- Risk Assessment

- Audit Planning

- Audit Report Writing

- Continuous Monitoring

Qualifications:

Education:

- Qualified Chartered Accountant.

Training:

- Knowledge of banking processes, controls and RBI Regulations

- Data Analytics skill will be preferred including Power BI, Python etc.

Languages:

- Good interpersonal and communication skills. Strong communicator, both written and verbal, with an ability to influence and an ability to gain the respect of senior management, regional stakeholders, peers and their teams.