Internal Auditor

Job Description:

- Execution and Achievement of the ACB Approved Risk-based Audit Plan of the Audit Vertical

Key Responsibilities:

- Risk Assessment every year to arrive at Risk based Audit Plan.

- Preparation of Functional Budget in line with Risk based audit plan.

- Support VH in developing audit strategy and risk-based audit covering various functions to make sure that all relevant /inherent risks are identified, assessed and covered timely, meeting regulatory, Board, ACB expectations

- Effectively execute and Achieve the approved risk-based audit plan to ensure timely and qualitative completion of audit plan with all audit documentation and reporting requirements

- Coverage of project scoping of processes / sub-processes to make sure that all relevant /inherent risks are identified, assessed and covered timely and qualitatively

- Support VH to Enhance audit process / procedures and RCMs & checklists for adequate and effective audit coverage and update to keep them current and relevant

- Effective Audit report writing and ACB presentations

- Ensure adherence to Internal Audit Charter, Policies and Methodology

Audit Automation and Innovation:

- Support VH in Application of Emerging Technology /Digital in the Internal Auditing process

- Application of Emerging technology/Digital tool in the Internal audit process

- Support VHs in exploring and driving the usage of emerging technology (like GenAI, Agentic AI, Machine Learning) in the Functional audits to drive risk mitigation and build efficiencies leveraging the data and technology

Support VH to Automate Controls Testing in the Audit Vertical:

- Devise roadmap for automating the controls testing with milestones and timelines

- Manage and exexute strategies to achieve the automation of the controls testing as per the roadmap

- Identify opportunities to automate the controls testing

- Scale up CCM to enhance the effectiveness and coverage of automated control testing

- Keep abreast of the emerging audit trends, existing systems/process flows /data structure and industry best practices

- Support VH to build efficiencies and enhance effectiveness of Internal Audit using advanced integrated auditing concepts and extensive use of technology and data analysis

Oversight of Subsidiary Company Audits:

- Oversight on audit planning & reporting for ABSLPFM, ensuring alignment with group audit methodology and timelines.

- Budget Planning for Audits, Identification and onboarding of Auditors, Alignment of Audit Scope

- Serve as a liaison between the group audit function and the subsidiary for governance, reporting, and alignment on assurance expectations

Special Assignments assigned by Management from time to time:

- Auditor Onboarding & Engagement - Auditor selection, onboarding and alignment on scope of work - In Q4 for next FY2.

- Baselining of existing CCM objectives for relevance

- CCM Exception Monitoring & Remediation

- Remediation of Open Audit Issues with specific drive on timely closure of High and Medium actionable

- Adoption and delivery of activities and assignments driven by the COE team

Continuous Development of Self and Team of the Audit Vertical:

- Create avenues for tacit knowledge sharing/transfer in the team and lead from the front in knowledge sharing/transfer.

- Support VH in techno-functional skills development for effective efficient audits.

- Drive a visible improvement in routine audit work by building team's competency around data analysis,usage of MS-Office ,SQL, Co-Pilot Agents and Other Emerging AI tools