Manager - Internal Audit - Retail Assets/Bank

Given below position details with a Leading Bank :

Job Title: Internal Audit Manager -Business Process - Retail Assets

Function: Internal Audit

Job Purpose:

- The role bearer has the responsibility to actively lead internal audits for the bank as assigned.

- It entails taking complete ownership of the process - creating checklists, conducting audits as per the defined timelines, publishing the audit reports and preparing for presentations to be conducted quarterly.

- The role bearer has to adhere by the guidelines set by the bank for audit reports - making the audit process more efficient contributing to the larger objectives of the bank.

Roles & Responsibilities:

- Prepare and administer bank's annual audit plan.

- Monitor the audit cycle programme to ensure it remains effective and up to date.

- Manage the detailed planning, risk assessment, scoping, and resourcing of complex audit projects.

- Lead preliminary planning and establishes direction for audits, provides support to assigned auditors, manage project to quality outcomes, meet established time budget.

- Ensure execution of audit plan as per agreed timelines, draft audit reports, discuss and finalize the same with the auditee.

- Review the working papers prepared by subordinates and take complete ownership of it.

- Identify critical areas for continuous monitoring and develop necessary exception reports for the same

- Lead in developing operational expertise in core areas and leverage in internal audits.

- Develop key metrics, trends, and strategic analysis of areas of responsibility and presents audit trends and results to senior management.

- Prepare audit committee presentations for audits held during each quarter and making sure that all critical issues are included along with adequate plan of action.

- Conduct follow-up audits to make sure that regulations and bank rules are still being met and best practices are being followed.

- Conduct special audits as required by senior management and issue results.

- Provide guidance and trainings to Project team members in the field of Internal Audit.

- Capture and share best- practice knowledge amongst the team.

- Create an environment that promotes collaborative learning and collective ownership of responsibilities

- List the deliverables other than primary, but essential for the role.

- Leverage in-house synergies through collaboration with internal stakeholders.

- Stay abreast with global market trends and competitor strategies in key markets.