Assistant Vice President/Vice President - Internal Audit - CA

Key Roles & Responsibilities:

- Develop and implement risk-based internal audit plans aligned with organizational objectives.

- Prepare and present comprehensive audit reports to senior management and the Board.

- Ensure adherence to regulations of NHB, RBI, SEBI etc.,

- Identify design level gaps and operating effectiveness gaps in the processes being audited

- Effective engagement with the stakeholders and seek comprehensive management action plan to address the audit issue

- Provide audit recommendations based on root cause analysis of the audit issue, significant process improvements to enhance efficiency and control

- Assist the Head Internal Audit in reporting to the Audit Committee on audit progress, findings, and recommendations

- Assist the Head Internal Audit in submissions to regulatory authorities for audit-related matters during the regulatory inspection

- Ensure departmental compliance with Standard Operating Procedures (SOPs), adherence to audit manual and policies

- Implement quality assurance processes for internal audit practices

- Demonstrate professional skepticism in conduct of internal audits

- Lead, mentor, and develop the internal audit team, fostering a culture of excellence

- Coach team members in performance of the audits and acquiring new skill sets

- Stay updated on regulatory changes and communicate their impact on internal audit processes

- Knowledge of ICAI and IIA Standards and methodology, attention to detail, good verbal and written communication skills

Experience Required (In Years):

5-8+ year's experience in internal audit or quality assurance function within internal audit.

Qualification Required

Qualified Chartered Accountant