Area Manager - Audit - BFSI

Job Purpose:

The Internal Audit function has 4 Sub-Verticals - Business & Support Process Audits, IT Audits, Area Audits and Continuous Controls Monitoring unit (CCM) (automated Concurrent Audits); This profile would manage the Area Audits for South & West region and report to Senior Manager.

Key Responsibilities:

1. Executing the Area level audits assigned as per the approved annual audit plan (Following processes applicable at the Area or Branch level - Sales, Credit, Collections, Residual Management, RCU, Admin, HR, Finance & Accounts, IT, Legal)

2. Determining the Audit scope in consultation with seniors

3. Carrying out process & system walkthroughs and drawing the Risk & Control Matrix

4. Drafting Audit observations report and discussing the same with process owners

5. Entire audit to be carried out in Audit system ensuring all steps are followed including proper workflow & documentation standards

6. Need to travel to location wherein area audit is conducted, or any special assignment given by management.

7. Need to be proactive in updating the senior, on any significant observation found during the audit

8. Regular interaction and liaising with other functions/process owners; keeping selfabreast with all the developments happening in the Company; similarly keeping abreast with all the regulatory and technological changes/developments happening in the industry.

Job Requirements:

1. CA / MBA / COMMERCE GRADUATE/PG

2. Min 5-6 years of experience, with prior experience in the field of Area Audits/Branch Audits in Banking / NBFC domain

3. Prior experience of risk-based audit and area/branch audits would be preferred, however good underwriting experience (Retail, Rural, Commercial, etc) could also be considered.