Job Description
Job Title –
Lead- Internal Audit
Place of work
• Mumbai
Business Unit
• Retail Banking
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
Managerial & Leadership Responsibilities
:
Attract and retain best-in-class talent for key roles in their reporting structure
Educational Qualifications:
Graduate - Any
Post Graduate - MBA Finance
Professional Degree- CA
Experience:
Minimum of 8+Years in Internal Audit
Lead- Internal Audit
Place of work
• Mumbai
Business Unit
• Retail Banking
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
Managerial & Leadership Responsibilities
:
Attract and retain best-in-class talent for key roles in their reporting structure
Educational Qualifications:
Graduate - Any
Post Graduate - MBA Finance
Professional Degree- CA
Experience:
Minimum of 8+Years in Internal Audit
💡 Quick Summary
Seeking a career-building opportunity? The Audit Lead|Business Process |Retail Assets position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.