VP - Internal Audit - BFSI/Retail/Telecom

- To plan, develop and oversee the implementation of effective audit programs and investigations so as to ensure integrity of all operations processes identify areas of risk and, and to provide recommendations on best practice, which will help improve the same.

- Understands the overall organization goals and targets for the year and the role Internal Audit needs to play in its achievement

- Prepares the goals/objectives and budget for the organization by taking inputs from seniors and juniors, internally and externally

- Roll out this plan with the department and obtain their buy-in

- Monitors budgets and highlights variances (if any)

- Provides thought leadership to the department and keeping abreast of sector and functional trends and activities

- Develops and implements comprehensive annual audit plans that include audit steps, templates, guidelines and target achievements.

- Reviews and monitors compliance/ coverage of the plans.

- Allocates and directs resources to ensure the successful implementation of the plans

- Integrates into the audit execution, the use of current and emerging audit tools and techniques

- Ensures drafting of complete audit reports that provide a clear description of issues identified, related implications on the business or enterprise as a whole, and recommendations to resolve the issues

- Presents the same to the Audit Committee and ensures corrective action is taken on the recommendations discussed and accepted

- Manages lending policy and process for Group loan / Individual loans /Tractor Loans and other products

- Manages product policy and process

- Plays a pivotal role in the delinquency management and account maintenance for Product profitability and cost management.

- Prepares an appropriate framework for risk identification

- Develops, implements and maintains an internal controls checklist - covering areas like transaction controls, Authorization controls, compliance controls,

- Facilitates laying down operational manuals for the organization covering all policies, procedures and compliances

- Builds relationships with internal and external key stake holders to assist in understanding the business,

- Uses those forums to influence decision makers to embrace the adoption or implementation of measures to strengthen internal controls

- Plans and implements special adhoc investigation as assigned

- Understands and analyses issues of concern and presents management with findings and value-added recommendations

- Creates a recruitment plan for the department, ensures it is included in the overall Recruitment plan with HR; liaises with HR to ensure recruitment happens as per plan

- Ensures appropriate training and development interventions

- Conducts timely and transparent appraisals

- Conducts monthly 1:1s with direct reports

- Actively manages vertical and horizontal career development of team

- Conducts semi-annual skip level 1:1s with all indirect reports

- Weekly Update meeting with MD/CEO

- Monthly review meeting - with direct reports

- Quarterly review meeting for all HODs / ZMs