Kotak Bank - Team Member - Internal Audit

Key Accountabilities

Executing the delivery of the Kotak IAD's Audit plan for the calendar year.

- To assist the Team Supervisor / Team Lead on assigned audit work of KMBL Businesses & Processes. This will entail working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues & action plans with management and submission of draft report to the Team Supervisor.

- Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the IA systems, to ensure that audit work is carried out with a high standard that meets all methodologies.

- Demonstrate sound knowledge of regulations governing the bank (RBI, IRDA, SEBI, FEMA, FIMMDA, FEDAI, FATCA, NDS-OM, etc.)

- Conducts reviews to understand end-to-end process, evaluate and highlight key control deficiencies, analyse root cause and discuss / agree with management for effective and timely remediation plans.

- Manage individual workflow to ensure timely report deliveries with quality articulation of audit queries

- Writing high quality audit reports. To embrace and demonstrate effective Audit report writing & presentation skills from E2E perspective (Planning, Execution, Discussion, Clarification, Finalisation, Documentation into system etc.)

- Endeavouring to update awareness of risk issues and changes across relevant business units and use this knowledge to update the audit approach.

- Driving and leading discussions with relevant stakeholders regarding audit observations, consulting with IAD team supervisors / Team Leads.

Decision-making and Problem Solving

- Take into account reputation of Kotak at all times, through positive interactions and adhering to policies, procedures and manuals.

- Set an example and supports fair and ethical behaviour.

- Make sure you are equipped to be able to protect our reputation at all times.

- Challenge others where appropriate, if you believe self to be correct.

- Endeavour to be part in decision making on a broad range of factors, with Kotak's values at heart - Always Responsible, Always Accountable.

Risk and Control Objective [This section is mandatory for all role profiles]

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Kotak's Policies and Standards.