Cafeteria

NovoTree Minds Consulting Reviews by Employees

About the Role The role involves: - Proactively manage the thematic audits in tandem with the continuous strategic developments and undertake internal audit activities in accordance with the Bank's Policies, Procedures, Regulatory requirements, Internal Audit Standards and leading practices. - Developing audit strategies and audit plans based on risk assessment and regulatory framework, ensuring use of advanced auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives. - Proactively manage the audit committee meetings to ensure adherence to the Regulatory requirements and Internal Audit Standards. Key Responsibilities: Thematic Audits: - Develop and implement strategies to identify and conduct focused thematic audits based on triggers relating to external events, serious irregularities, frauds, customer complaints, High risk indicators, etc. - Develop and implement an effective continuous monitoring process for conducting the Thematic Audit and provide value added assurance to the Senior Management on key governance, risk management and control processes. Audit Strategy and Management: - Establish reporting frameworks such as a risks and controls dashboard, analysis and reporting to Senior - Management. Liaise with business and support Units head to identify key strategic and operational areas. - Review the assessment of adequacy of internal control systems, policies, and processes and review the recommendations, whether are in line with the risk identified and conclusive enough to address the issue. - Provide creative and proactive resolution of control issues relating to significant areas of risk in a manner consistent with corporate goals, strategies, values and leading practices. - Contribute to advisory assignments relating to organizational activities, process development/ improvement. Audit Committee Management: - Comprehensively review and make presentations for Audit Committee Meetings and minutes of the meetings. - Ensure accuracy of Action Taken Report based on the Audit Committee deliberations and follow up for closure - Adherence to timely submission of notes and presentations. Qualifications: Education / Qualification: - CA/MBA (Finance) - 15-20 Years of Experience (Banking Domain preferred) - Experience in the field of Internal Audit, Risk Management Process in BFSI, Data analysis and continuous monitoring. - Excellent business, technical knowledge and experience in banking processes, regulatory requirements within BFSI and internal audit of the banking processes Role Proficiencies: - Ability to have effective communication with Senior Management, Executive Directors and Audit Committee - Ability to provide insights to Senior Management based on deep understanding of the business, processes and industry trends for remediation of the risk and strengthening the control environment. - Ability to have effective communication with the Regulator/ external stakeholders e.g. statutory auditors, etc. - Technically proficient with strong analytical abilities, conversant with Risk Strategies and process, wholesale and retail banking products and the related processes and controls, network environment and various data analysis software tools.

Mumbai

Head  - Thematic Audit/Audit Strategy/Audit Committee Management - BFSI 

Job Description for Head  - Thematic Audit/Audit Strategy/Audit Committee Management - BFSI  in NovoTree Minds Consulting Private Limited  in  Mumbai for (18-25) years of experience. Apply Now!