Director - Internal Audit - BFS

- This is a leadership role delivering the organization's strategic objectives by assessing the adequacy and effectiveness of governance and management of risks.

- Build and manage a full risk based internal audit function and framework, in conjugation with the audit committee chair.

- Ensure that the function carries out its responsibilities as defined by the regulator, established policies and procedures as approved by the Board and sound national and international best practices.

- Develop a strong assessment framework as well as enterprise risk management for reporting various business activities in the form of a functional audit. Will ensure that the risk assessment process includes identification of inherent business risks in various activities undertaken, evaluation of the effectiveness of control systems for monitoring the inherent risks of the business activities ('Control risk') and drawing-up a risk-matrix for both the factors viz., inherent business risks and control risks

- Plan and supervises auditing programs. Develop and maintain the Internal Audit Procedures to ensure full briefing to the MD & CEO and to the board if required.

- Present the audit report to the CEO/CFO/ Heads of Function, highlighting any areas of concern and the resultant action plan