HDFC Bank - Team Head - Audit

Team Head - Audit

To Carry out the audit of branches / departments etc.

KEY RESPONSIBILITIES:

- Allocation of Audits within the team.

- Visit branches/departments during/post Audit for review and finalization.

- Review of audit reports submitted by the senior auditors across bsiness functions .

- Keep himself/herself updated on Regulatory guidelines in the area of audit.

- Keep himself/herself updated on the management directives/benchmarks assigned to business/operations unit from time to time.

- Discussion of audit observations with Circle Head/Zonal Head/Department Head/BBH for Audit reports having serious /critical lapses, where process gaps expose the Bank to risk and reports which would require a downgrade of audit rating.

- Release low risk audit reports as per delegation matrix released by GH-Audit.

- To carry out spot audits.

- Responsible for TAT (Audit completion + Report submission for release).

- Monitoring Audit database updation.

- Review of the compliance from the auditee and recommend for closure of audit file.

- Review of UATs/system enhancement/process reviews and recommend for audit certification.

- Carrying out special reviews/investigations (if any) assigned by the corporate office.

- Recommend for change in processes (as and when warranted and identified during his/her course of Audit review).

- Review extant audit procedures basis exceptions identified during Audit review and recommend revision to audit methodology/Scope of review (including revision of Standard Audit Procedures).

- Preparation of ACB / Board notes for the team.

- Team building/recruitment to ensure the team is staffed as per budget allocated (including conducting of interviews).

- Training junior/new members (including class-room and on the job training).

- Carry out administrative activities (including approving of leave, conveyance etc.) for auditors.

- Carry out performance appraisal of the auditors (jointly with the superior/Zonal Head/Regional Head - Audit).

- Acting as a back-up to the Zonal Head/Regional Head - Audit.