Department: Group Internal Audit Location: Bangalore Job Purpose: - The Head of Audit is responsible for delivering independent and objective assurance to the Audit Committee and senior management on the quality and effectiveness of the Group's internal control, risk management, and governance systems . - This role involves managing Group Internal Audit (GIA) activities specific , developing and executing the audit plan, and leading the team to provide high-quality internal audit services. The role also includes oversight of data analytics and data extraction. The position is based in Bangalore, with approximately 10% travel required to the UK. Core Responsibilities: - Audit Planning and Execution: Develop and manage the risk assessment process and audit plan, ensuring a cohesive approach across senior audit leaders. Provide assurance over operational, IT, and prudential risk areas - Audit Management: Oversee the quality and delivery of the audit plan, supporting UK audit activities related to Indian processes. Ensure audits are conducted in line with methodology, raising issues early, and developing practical solutions. - Data Analytics Oversight: Manage the extraction, formatting, and analysis of data to support the GIA Data Analytics strategy. Collaborate with Risk, IT, and Operations to identify appropriate data sources. - Stakeholder Engagement: Build and maintain strong relationships with management and stakeholders. Keep GIA team members informed about relevant matters. - Team Leadership: Lead the recruitment and development of audit roles . Line manage and coach direct reports, handling performance management and recruitment. - Audit Follow-Up: Ensure follow-up on audit findings, validating the resolution of issues and escalating as necessary. - Knowledge Sharing: Act as the primary contact for matters, briefing the GIA team on horizon scanning and training. Promote continuous improvement and collaboration within the team and across the organization. - Values and Standards: Act as an ambassador for company values, ensuring high standards of behavior and contributing to a collaborative management team. Experience Requirements: Essential: - 15 years of experience in audit roles, including significant experience in internal audit. - 15 years of experience in Financial Services, with a focus on UK-regulated firms. - Proven track record of managing multiple projects and line management or coaching. - Experience in utilizing data analytics for audit support. Desirable: - Experience in producing annual business and operational risk assessments and related audit plans. Knowledge Requirements: Essential: - Strong understanding of the UK banking regulatory environment (PRA and FCA). - Deep knowledge of the banking and financial services industry. - Proficient in IT Risk frameworks. - Advanced skills in MS Office Excel and PowerPoint. Desirable: - Experience auditing or reviewing IT Change Programmes. Skill and Competency Requirements: - Ability to work independently with minimal guidance. - High motivation and resilience to manage multiple work streams under tight deadlines. - Strong personal influence and effective communication skills. - Excellent attention to detail and data analysis capabilities. - Constructive feedback skills and capacity for continuous learning. - Proven ability to deliver projects on time and within budget. - Effective interaction with senior management and the ability to build collaborative relationships. - Competence in managing both internal and co-sourced audit teams. Required Qualifications/Certifications: - Qualified professional membership in an internal audit or accountancy body (e.g., CMIIA, ACA, ACCA). - Educated to degree level.

Bangalore

Head - Audit 

Job Description for Head - Audit  in Randstad India Pvt Ltd in  Bangalore for (15-20) years of experience. Apply Now!