Senior Audit Executive-Business Process

Job RequirementsJob Title – Lead- Internal AuditPlace of work - MumbaiBusiness Unit - Retail BankingFunction – Internal AuditJob PurposeThe 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.ResponsibilitiesRoles & Responsibilities: Prepare and administer bank's annual audit planMonitor the audit cycle programme to ensure it remains effective and up to dateManage the detailed planning, risk assessment, scoping, and resourcing of complex audit projectsLead preliminary planning and establishes direction for audits, provides support to assigned auditors, manage project to quality outcomes, meet established time budgetEnsure execution of audit plan as per agreed timelines, draft audit reports, discuss and finalize the same with the auditeeReview the working papers prepared by subordinates and take complete ownership of itIdentify critical areas for continuous monitoring and develop necessary exception reports for the sameLead in developing operational expertise in core areas and leverage in internal auditsDevelop key metrics, trends, and strategic analysis of areas of responsibility and presents audit trends and results to senior managementPrepare audit committee presentations for audits held during each quarter and making sure that all critical issues are included along with adequate plan of actionConduct follow-up audits to make sure that regulations and bank rules are still being met and best practices are being followedConduct special audits as required by senior management and issue resultsProvide guidance and trainings to Project team members in the field of Internal AuditCapture and share best- practice knowledge amongst the teamCreate an environment that promotes collaborative learning and collective ownership of responsibilitiesList the deliverables other than primary, but essential for the roleLeverage in-house synergies through collaboration with internal stakeholdersStay abreast with global market trends and competitor strategies in key marketsManagerial & Leadership ResponsibilitiesAttract and retain best-in-class talent for key roles in their reporting structureEducational QualificationsGraduate - AnyPost Graduate - MBA FinanceProfessional Degree- CAExperienceMinimum of 2-5 Years in Internal Audit