AVP - Internal Audit/Credit Audit - Large & SME Credit - Bank

CA, CIA would be preferred. MBAs with relevant experience can also apply.

Job Location will be Goregaon

Job Role:

- The Group Internal Audit department conducts risk based internal audit of the Bank and some of its subsidiaries,

- The individual would be responsible for supporting Team leaders in improving frame work of credit audits, designing Risk Based Audit Plan and training the team. Apart from frame work as routine, planning the annual audits basis the Risk Based Audit Plan, designing the scope of audit and reviewing the work of team members and drafting the audit report.

- The individual should be good at communication with senior management and must have good presentation skills. Past experience in BFSI sector in a similar role would be preferred.

Detailed:

- To oversee audit planning, field work, review work papers, business understanding and finalize control areas for review.

- To lead a team of 5-6 people, and be responsible to perform objective, independent assessment of bank's risk management, its compliances with relevant regulations and effectiveness of control procedures.

- Take lead in arranging opening meeting with Senior management of the Bank, utilise judgement to finalise the scope and finalise the test work needed to perform the audit.

- Supervise, guide and train junior staff members regarding the credit audits procedures and ensure building a competent team.

- Discuss gaps, irregularities, exceptions and deficiencies observed during audit with the Senior Management. To judiciously assess the associated risk for the issues and the business impact on conclusion of audit.

- Take lead in arranging closing meeting with the Senior management of the Bank to decide the actionables. Follow up the actionables for effective closing within defined timelines. Finalise the audit report in an objective manner for effective communication of the findings.

- To assist the Team leader to analyse the ongoing effectiveness of all audit programs, recommend changes and improvement for improving the effectiveness of the audits.

- To prepare summaries of findings from audit report to communicate to the FTAC and ACB in a timely manner. To support the Team leader during the FTAC and ACB meeting with necessary follow up with the auditees and update the Status of the actionables.

- To attend to queries and audit reports from RBI, in line with existing regulations. If required update the scope for effective review of all regulatory instructions.

- Support TLS in automation project of credit audits to achieve efficiency

- Should have Internal Audit Background / Internal Control related exposure preferably in the BFSI sector

- Should have led teams and have good managerial skillsets

- Knowledge about credit environment, policies, key regulatory requirements effecting banks.

- Applicants should have a pleasing personality, strong communication skills, efficient computer skills, ability to manage a team with high levels of passion and motivation.