Development of Audit Strategy and Plan

- Develop audit strategies for identification and assessment of various risks in the key areas/ activities at the Branches and current maturity level of controls at Branches.

- Develop audit plans based on risk assessment of Branches and the regulatory framework; Ensure use of advanced integrated auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives

- Actively and Proactively manage the co-sourcing arrangements where specialised professional audit services are used for Branch Audits coverage

Execution of Audit Strategy and Plan

- Effective management and execution of the audit plan in accordance with the Policies, Procedures, Legal and Regulatory requirements, Internal Audit Standards, and leading best practices for proactive identification and remediation of various risks at Branches

- Conduct Branch Audits to provide independent and objective assurance on the adequacy and effectiveness of risk management and controls at Branches, and adherence to or compliance with the internal policies, standards and procedures as well as applicable laws, statutes and regulations by Branches

- Plan and conduct Branch Audits testing ~5000+ controls across Branches in accordance with the Policies, Procedures, Legal, Statutory and Regulatory requirements, Internal Audit Standards, and leading best practices

- Conduct risk-based, thematic and specialised audit reviews to assess the adequacy and effectiveness of the risk management and controls at Branches.

- Conduct review of end-user workstations/desktops/laptops to assess adequacy and effectiveness of the IT and information security controls implemented on those devices

- Provide effective recommendations for improvements to the organization policies, processes and practices based on leading industry practices and emerging risks

- Keep audit procedures and checklists current and updated keeping pace and aligned with changes in internal policies/guidelines

- Active engagement with stakeholders for implementation of recommendations for effective risk mitigations and improvement in the control environment

Continuous Monitoring

- Develop strategies for identification of triggers / risk hotspots and conduct unplanned reviews/surprise checks / investigations based on various triggers/hot spots, directives received from regulators, board committees and senior management

- Keep abreast of the emerging audit trends and drive key audit initiatives for efficient and effective achievement of the audit objectives

- Implement an effective continuous monitoring framework for ongoing monitoring of risks relating to various activities / areas at Branches; Identify and develop ~7000+ automated test for ongoing monitoring of Branches and related risks such as Compliance risk, Legal risk, Fraud risk, Operational risk, Third party risk/Outsourcing risk, Financial risk, People risk, Reputational risk etc.

Communication and Stakeholder Engagement

- Effective communication and reporting to various stakeholders including regulators, board committee and senior management

People Management

- Develop specialised audit team for execution of complex and specialised audit reviews of Branches

- Develop, nurture and grow talent through effective employee engagement and management

- Continuous development of self and the team through regular learning and sharing of knowledge / best practices.