We have been retained by our client, a well-established, professionally managed foreign bank to identify a Head - Internal Audit. The position will be based at Mumbai. Job Purpose: - To plan, organise, direct and conduct audit in order to facilitate business activities in a risk-controlled environment. Perform special audit on the recommendation of business line management, audit committees and as required by the regulators. - To identify, evaluate and report internal weaknesses and highlight associated risks, and recommend measures to rectify the weakness. - Compile an annual audit plan and audit proposal. Key Responsibilities: - Lead audits of various Businesses / Branches with particular emphasis on Product / Operations audits. - Plan, design and implement risk based audit plans to ensure safety and soundness of the Bank. - Participate in audits of all Businesses as a team member. - Ensure completion of assigned audits and documentation of work papers on time. - Track status of issues reported. - Keep relevant processes benchmarked to Best Practices and peer banks. - Keep Audit Procedure Manual and checklists current and updated. - Examine and provide comfort to Head Audit on all new products and processes, especially Trade, Cash Management &amp; operations related areas so as to provide assurance on regulatory and other control requirements of the Bank. Simultaneously devise audit checklists for use of internal/concurrent Auditors and test products along with processes/procedures to foresee pitfall and bottlenecks and ensure these are audited/resolved. - To provide suggestions for improvement to existing process / systems to line management. Desired Skills/Competencies: - Strong analytical skills. - A disciplined approach to Planning, Execution and Tracking of issues to resolution. - Strong team player, able to work collaboratively with colleagues. - Excellent communication skills for documenting and explaining Findings. - Strong influencing skills for obtaining buy-in to resolve Findings. - Drive and enthusiasm. - A positive, can do attitude. - Strong leadership and people management skills. Candidate Profile Candidates should be Chartered Accountants / MBAs with about 15 to 20 years relevant experience in Banks.

Mumbai

Head - Internal Audit - Bank 

Head - Internal Audit - Bank  ,Job Description for Head - Internal Audit - Bank  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (15-20) years of experience. Apply Now!

Job Description for Head - Internal Audit - Bank  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (15-20) years of experience. Apply Now!