Internal Audit Role - Accounting Firm

Audit :

- Conducting process level audits and having knowledge of Wholesale / Retail (Credit and Operations) along with some of the other functional areas (Risk, Compliance, Treasury, HR, Accounts)

- Maintaining adequate work papers and documentation along with adherence to Internal Audit policies and Regulatory guidelines

- Drafting of Audit reports and suggesting suitable recommendations to address the process level observations.

- Holding effective discussion with senior level management for agreement with findings and closure of observations with adequate management responses

- Follow-up of open observations within timelines to ensure closure of observations as per agreed plan.

- Assisting the HIA in preparing Risk Based Internal Audit plan and completing assigned audits as per plan.

IFC :

- Preparing Risk Control Matrix (RCM) for business processes and conduct of walk throughs with process owners and controls testing.

- Suggesting process improvements areas and taking up with business process owners to update SOP and process flow charts.

- Identifying potential financial reporting risks (FRR) across processes along with design and implementation gaps.

- Taking up with process owners to implement the suggested process improvements and involve in continuous testing of processes to identify any material weaknesses in the internal controls in rocsystem/pesses

- Periodic testing of loan softwares for system and process gaps.