Audit Role - Digital Banking

Digital Banking Audit

This position is with Leading Bank in Mumbai

Role Details: The successful candidate will assist the Head - Digital and General Banking Audit in the development, execution of Audit plan in accordance with the Bank's Audit Policy to provide assurance that key risks (including emerging risks) pertaining to all Bank's Digital Products, Applications, Channels, Digital Lending are managed effectively.

Overall Responsibilities include but not limited to:

1. Develop a thorough understanding about Bank's products, applications, channels especially in the digital space

2. Continuously self-update and stay abreast of industry regulations

3. Gain an in-depth understanding of the Bank's Internal Policies & Procedures

4. Adhere to the laid down audit processes and carry out assignments in line with Internal Audit Charter & Policy

5. Ensure adequate coverage of the control testings designed at engagement level and provide periodic updates

6. Research, understand and display a passion to learn about automation into banking and allied risk and control processes

7. Creation/Updation of Risk and control matrix, Permanent file, Audit checklist for the units

8. Ability to provide technical inputs resulting in value addition in the overall audit programs

9. Ability to handle multiple assignments, perform, support or lead where directed, the planning, fieldwork, and reporting of internal audit engagements to deliver agreed assurance objectives to established standards and deliver within strict timelines

10. Arrange meetings and conduct meaningful discussions with business units and identify areas requiring risk mitigation

11. Drafting of observations and audit report and maintenance of working papers as per Departments policy

12. Promote collaboration and strong culture across business units to address risk and control issues

13. Act as liaison with Management to ensure full understanding of business strategy, plans, products, performance and risk related issues at business unit level and communicating these to the relevant Audit Team members

14. Actively track and escalate, where appropriate, significant issues and audit findings that remain unresolved

15. Compulsorily attend all audit related on the job trainings and display an ability to apply those

16. Follow up for Audit compliance and validation testing as directed

17. Gain a minimum Continuous Professional Education (CPE) hours as directed by the Head - Digital and General Banking Audit

Education: Graduate/Post Graduate in Computer Science/Computer Engineering/Accountancy, CA, CISA, CIA

Good to have: ISACA Certification holders (e.g., CISA, CRISC, CCSP) and people having proficient knowledge of COSO and COBIT framework will be given preference

Work Experience: 10+ years. Candidates having experience in Internal Audit, risk management in Financial Sectors or business processes in Fintech Industry will have preference.