JOB TITLE : National Audit Manager - Gold Loans

Grade - Associate Vice President

CTC offered: Upto 20 lac

Location : Mumbai REPORTING TO : HEAD INTERNAL AUDIT

JOB ROLE : 

1. Overseeing entire PAN India Gold Loan Branch audits covering 250 + branches.

2. Controlling audit operations in Gold Loan branches for Pan India

3. To examine and evaluate the effectiveness and efficiency of internal control systems and procedures and recommended corrective actions to improve operations, enhance internal controls and reduce cost

KEY RESPONSIBILITIES:

Job Purpose (Key responsibilities):

- As a seasoned professional applies solid understanding of internal audit standards, policies, and local regulations to provide timely audit assurance.

- Contributes to the development of audit processes improvements for Gold Loan Business.

- Applies solid understanding of how internal audit collectively integrates with line management and control functions to accomplish the objectives of Gold Loan business.

- Ensure that the Audit Scope and Coverage is dynamic as to remain abreast in line with changing regulations, changing market conditions and changing business model of the company.

- To ensure that assigned audits are completed within budgeted timeframes, and budgeted costs.

- Provide coaching to team members in all phases of the audit process. Guiding State Audit Mangers in all critical issues being surfaced in their respective Regions from time to time.

- Monitors the risk environment and assesses the emerging risks through the Business Monitoring process.

- Recommends appropriate and pragmatic solutions to risk and control issues.

- Applies knowledge of key regulations to influence audit scope.

- Develops effective line management relationships to ensure strong understanding of the business.

- Pro-actively develops automated routines to help focus audit testing.

- Submission of periodical reports on Frauds/critical issues to Head - Internal Audit and assisting in submission of ACB Papers relating to Gold Loans

- Sharing of critical issues with Audit Managers/SAHs across Pan India and coordinating with them for early resolution

- Conduct of training sessions for Auditors & making them aware of latest instructions and strengthening of gold audit process from time to time.

- Team building among the auditors and implementation of uniform procedures/processes across PAN India.

- Sharing of information on Gold Loan product of competition as required by Management or Head-Internal Audit from time to time.

- Inspection of Branches of gold stock and process adherence and ensure timely closure of the discrepancies

KNOWLEDGE/QUALIFICATION/SKILLS/EXPERIENCE : 

- Person should be having 10+ years of experience in GL audits, and experience in managing multiple states at a supervisory level.

- Must have worked in NBFCs, HFCs or leading Banks in the Internal Audit function or should have extensive experience in the Internal Audit function with Large or Mid-Size Audit.

- Candidate should have definite and specific exposure to Internal Audits, Business Process Improvement, and Internal Controls & Risk Management.

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