AVP - Internal Audit - Payment Bank

Assistant Vice President (Internal Audit)

Responsibilities

General Accountability

- Responsible for conduct of internal audit of various functions of the bank

- Preparation and execution of Annual Audit Plan of the Bank

- Actively involved in managing department budgets, expenses, etc.

- Managing risks associated with any engagements

- Manage the team in terms of staffing, appraisals, etc.

- Actively involve in training, coaching and mentoring the team

- Monitor the work performed by the team members for various engagements and report to Head- Internal Audit

- Constantly monitor the work performed by concurrent auditors, external consultants, etc. and report the outcome to Head- Internal Audit

- Periodically update the Management on the status of various engagements performed by the Department

- Update the audit committee of the Board on the findings from Internal Audit, concurrent audit, and other engagements

- Empanelment of external consultants, approval of payments to consultants and evaluation of performance.

- Liaise with regulators for submission of information, if any.

- Demonstrate in-depth technical capabilities and professional knowledge. Demonstrate ability to assimilate to new knowledge

- Possess good business acumen. Remain current on new developments in advisory services capabilities and industry knowledge

Desired Profile

Qualifications

- Qualified Chartered Accountant (CA)

- Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) would be an added advantage

Skill and Competencies

- Possess strong leadership qualities and ability to handle large team

- Ability to multi-task and work within demanding timelines

- Possess strong domain knowledge, understanding of business processes and possible risks in operations of the Banking sector

- Strong understanding of the various products of the Banking sector, its life-cycle, and operations

- Strong in technology so as to fit in a new generation bank

- Have strong soft skills like leadership, interpersonal, team and communication skills both verbal and written

- Knowledge of laws and other related regulations applicable to companies in the Banking sector including good understanding of tax and company laws

- Ability to work under pressure - stringent deadlines and tough client conditions which may demand extended working hours