Director - Internal Audit - BFSI

Internal Audit- Director

We're seeking a seasoned leader to helm our Internal Audit Services department. This pivotal role demands expertise in internal auditing, data analytics, and managerial finesse. As a key member of our leadership team, you'll spearhead audits across multiple business areas, ensuring compliance, operational efficiency, and strategic insights through data-driven approaches.

Internal Audit Responsibilities:

- Establish and uphold audit service standards, ensuring alignment with industry practices and regulatory requirements.

- Identify and address operational and control issues, guiding efforts towards compliance and efficiency enhancements.

- Evaluate business operations, offering cost-saving recommendations and process improvements.

- Ensure timely delivery of audit results within budgetary constraints.

- Lead risk assessment and monitoring initiatives, adjusting audit coverage in response to evolving risk landscapes.

- Utilize research and risk-based judgment to prioritize audit focus areas.

- Develop comprehensive written reports, including executive summaries and dashboards for audit committee reporting.

- Manage Internal Audit team performance through feedback and performance reviews, fostering engagement and professional development.

- Cultivate an innovative and collaborative environment, leveraging data analytics and technology specialists to enhance audit methodologies.

Data Analytics Responsibilities:

- Shape and implement the data analytics strategy within Internal Audit Services.

- Utilize industry-specific analytics techniques to enhance internal control effectiveness.

- Manage team performance, ensuring delivery of exceptional solutions and fostering professional growth.

- Provide guidance to senior personnel on data analytics issues and outcomes.

- Oversee the implementation of tools for data analysis and process automation, driving audit efficiency.

- Develop analysis and automation solutions to inform audit scoping and advisory efforts.

- Influence senior management through effective communication of data analytics results and control recommendations.

Management/Leadership:

- Lead a global team, overseeing strategic initiatives and driving results.

- Interact with external stakeholders such as auditors and regulators as needed.

- Potential successor to the Head of Internal Audit.

Industry Expertise:

- Deep understanding of internal audit best practices, risk management, and regulatory frameworks.

- Familiarity with financial services products, services, and regulations.

Interpersonal Skills:

- Regular interaction with senior and middle management, requiring effective networking, advising, and influencing abilities.

Requirements:

- Bachelor's/Master's degree in Accounting, Finance, or related field.

- Over twelve years of experience in public accounting and/or diversified financial services, including leadership roles in internal audit.

- Proficiency in data analytics tools such as SQL, Tableau, Python, Power BI, etc.

- Professional certifications such as CIA, CISA, CFE, CA, CPA, or similar.

Preferred Qualifications:

- Master's degree or MBA in finance or related discipline.

- Experience in a regulated financial services environment.

- Strong knowledge of the Institute of Internal Auditor's International Professional Practices Framework (IPPF).