Prudential - Internal Auditor

To work under the direct supervision and guidance of the BU Principal Audit Managers and Audit Manager to generally achieve the following mainly for GWIA and for PPMS function :

Internal audit :

- Deliver IA reviews of consistently high quality within defined time and budget.

Planning :

- Being able to properly assimilate the information provided by the Lead Auditor/ Audit Manager from the planning phase of the audit and should be able to understand the process under review and related risks.

- The Auditor should be able to understand the business background of the area being audited; and their role in the audit assignment.

- It may be necessary from time to time, for the Auditor to assist the Lead Auditor and Audit Manager in conducting the planning phase of the audit.

- Make a contribution to preparation of the draft Terms of Reference and preparation of the Audit Planning Memorandum.

- Document the key processes and associated controls being examined in the audit. This will involve the use of flowcharts where necessary.

Fieldwork :

- The Auditor should assist the Lead Auditor in completing a control and risk assessment matrix following their documentation of the systems and processes being reviewed and preparation of a test programme.

- Create a test programme to check that the controls identified in the risk assessment exercise are operating in accordance with the test programme

- The Auditor should test that the controls identified in the risk assessment exercise are operating effectively in accordance with the test programme.

- Address any review points raised by the Lead Auditor/ Manager and QA team.

Reporting :

- Support the lead auditor/ audit manager in drafting audit conclusions based on control and risk evaluation and associated testing. Practical recommendations for any remedial action should be made.

- Populate Teammate with planning, fieldwork and reporting material

- Assist the lead auditor and audit manager in discussing and finalizing the findings and actions with the management responsible for the activities being audited.

- Ensure IA recommendations are complementary to the business strategy.

Issue Assurance and aspects :

- Document Issue Assurance work-papers on Team Central

- Proactively track actions to closure and engage with business to obtain the relevant evidence to close the issue

- Prepare relevant work papers as per GwIA standards

- Promote GwIA and the service it provides by building strong and effective working relationships with business colleague, other IA staff and external auditors.

- Adhere to the various policies, procedures, guidelines, including timely completion of various activities such as mandatory CBTs, time sheets, expense statements, leave requests, etc.

- Work with minimum supervision

- Maintain domain expertise

This job will involve significant travel outside India.