Job Description: Internal Audit: Head Bharat Banking Audit (Including SBB and SEG)

Bharat Banking Business manages the Agriculture and Rural Lending.

About Internal Audit:

Internal Audit function of the Bank, operates independently under the overall supervision of the Audit Committee of the Board and is responsible for providing an independent view to the Board of Directors and Senior Management on the quality and efficacy of the internal controls, risk management systems, governance systems and processes in place on an on-going basis. This is provided to primarily ensure that the business and support functions are in compliance with both internal and regulatory guidelines.

About the Role:

Internal Audit Head Bharat Banking will be responsible for conducting Internal Audits of Bharat Banking lending and Credit processes. Active engagement with stakeholders like Business Heads, Department Heads, Process Owners and other Senior Executives and securing agreement on observations and recommendations and implementing comprehensive remediation of observations.

Key Responsibilities:

- Ensuring commencement / completion of audit assignment as per the audit plan, adhering to schedules, and ensuring adherence to audit processes & standards

- Ensure adherence to the audit policy and procedure

- Conducting thematic reviews, special audits and investigations and provide qualitative suggestions /recommendations for improvement of processes & effectively bringing out the irregularities relating to violations of regulatory / external guidelines

- Timely submission of inputs for regulatory reporting and findings to the Audit committee

- Engage with stakeholders including Department Head, Process Owners, Business Heads and secure agreement on observations and recommendations and implement comprehensive remediation of observations. Make presentation to Audit Committee and Senior Management

- Oversight the audit activity including managing and optimizing resources, coordinating with stakeholders to execute audit by arranging for data and other support, and manage, motivate and engage with team members and provide them technical trainings as required to effectively conduct audits

- Develop tests of transactions and evaluating audit findings

- As part of audit review customer service processes, sourcing process, process on computation and charging of interest rate, disclosure and collection processes

- As part of audit review credit processes including compliance to regulatory guidelines and credit policy with respect to underwriting process, risk oversight, pre and post sanction conditions

Qualifications:

Optimal qualification for success on the job is:

- CA, MBA, ICWA, CFA, CIA, Post Graduate or other similar professional qualifications are desired but not essential.

- 13+ Years of relevant work Experience.

Role Proficiencies:

For successful execution of the job, a candidate should possess the:

- Knowledge of Bharat Banking/Agriculture and Rural lending products, processes, credit policy and other related underwriting processes

- Previous experience in Audit, Compliance, Credit or/and Risk management.

- Good communication (both verbal & written) and inter-personal skills

- Strong Team player

- Leadership skills and ability to communicate effectively and influence stakeholders.

- Ability to prioritize and make decisions in a fast-paced environment

- Ability to manage multiple tasks/projects and deadlines simultaneously