Internal Auditor - Bank/NBFC

Internal Auditor

Job Description:

- 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 software's for system and process gaps.

Skills:

- Should have experience of effectively building relationships with process owners in a positive and proactive manner.

- Should be well versed with framing and conducting Risk Based Internal Audit Plan.

- Should have worked with NBFCs/Banks and have knowledge Regulatory guidelines and other functional areas.

- Should have experience and willingness to quickly gain knowledge of changing business and system.

- Should be aware of IFC guidelines as per Companies Act and ICAI.

- Risk Based Internal Audits.

- IFC/SOX at NBFCs/Banks.