Audit Role - Bank

Audit Role

Responsibilities/ Job Description:

- Formulation of Annual Risk based Audit Plan (Audit Universe, Risk Assessment Interviews, thematic audits basis emerging risks and manpower assessment) for branch banking audit entities.

- Preparation of Internal Audit Scope and checklist for the above stated audit entities (Covering all regulatory circulars and guidelines as well as Internal policies & processes).

- Preparation of Standard Operating Procedures for audit execution covering the entire life cycle of audit.

- Review and improve templates of Audit Planning Memorandum, Audit findings and reports.

- Preparation of data for various submissions required by RBI as part of Risk Based Supervision and ensuring quality and accuracy.

- Oversight and submission of RBI Tranche I/II/III.

- Responsible in maintaining and updating the audit processes in line with the Global Internal Audit standards issued by IIA as well standards prescribed by ICAI.

- Disseminates best practices and provides support to the auditors, by proactively advising them on any changes to the regulatory landscape and/or business dynamics.

- Assisting in setting standards for Audit Committee and Board reporting.

- Ownership of Internal Audit Policy, Concurrent audit policy, Quality policy etc.

- Essential competencies Good communication skills - written and spoken English (Mandatory).

- Ability to multitask, prioritize workload, and meet deadlines in a fast-paced environment.

- Good Leadership and Management skills.