AVP - Internal Audit

Job Title : AVP - Internal Audit

Years of Experience : 10- 15 years of work exp in Internal Audit function preferably in a large Indian Pvt sector or MNC Bank and performed audits of Retail Liability Product & Operations (Liabilities product/programs, CMS, Digital Banking, ATM, Debit cards, Third party products, customer service etc.) and Branch Banking.

Location : Mumbai

Qualification : MBA or Chartered Accountant

Responsibilities include :

- Formulation of Annual Risk based Audit Plan (Audit Universe, Risk Assessment Interviews, thematic audits basis emerging risks and manpower assessment) for the stated audit entities.

- Preparation of Internal Audit Scope and checklist for the above stated audit entities (Covering all regulatory circulars and guidelines as well as Internal policies & processes).

- Preparation of Standard Operating Procedures for audit execution covering the entire life cycle of audit.

- Review and improve templates of Audit Planning Memorandum, Audit findings and reports.

- Preparation of data for various submissions required by RBI as part of Risk Based Supervision and ensuring quality and accuracy.

- Oversight and submission of RBI Tranche I/II/III.

- Responsible for maintaining and updating the audit processes in line with the Global Internal Audit standards issued by IIA as well standards prescribed by ICAI.

- Disseminates best practices and provides support to the auditors, by proactively advising them on any changes to the regulatory landscape and/or business dynamics.

- Assisting in setting standards for Audit Committee and Board reporting.

- Ownership of Internal Audit Policy, Concurrent audit policy, Quality policy etc.