Head - Internal Audit - Bank

Head Internal Audit

Candidates from Mumbai will be preferred

Prior Exp in Internal Audit is must

Job Profile :

- Independently lead internal Audits annual risk assessment and enterprise risk assessment and planning process to develop the audit plan and endure the plan is resp0nsive to and aligned with the risk profile of the organizatie.

- Submit timely reports on findings to senior Management / Board of Directors including quarterly Comprehense Report to the Local Management Committee.

- Follow up for completion responses to Audit Findings.

- Develop and Review Internal Risk Based Audit Manuals / Policies on an on-going basis.

- Lead Interna1 Audit's change initiative by implementing action plans related to risk assessment and annual planning, audit execution, audit reporting, staff recruiting and development, audit technology- and Audit Committee reporting.

- Oversee the execution of individual audit defined In the audit plan ensuring the highest level of service quality and client satisfaction.

- issue all Internal Audit reports ensuring the responses are clear, concise, identify real causes with practical solutions. and ultimately provide value to management.

- Meet regularly with the Audit Committee to report the status of Internal Audit's on- going monitoring activities, educate/inform the committee of emerging risks and/or exposures (whether internal or external to the company) that should be considered, and serve as a "thought leader" with respect to risk management and internal control best practices.

- Proactively inform senior management of significant risks or exposures related to internal control. cornoliance. and/or eovernance reouirine Dromot attention.

- Should have experience of at feast 10 to 12 yean in conducting Risk Based Audit in Financial Sector.

- Must have more experience in corporate audit than in branch audits.

- He/she must be able to carry out the responsibilities solely and independently.