Lead - Internal Audit - Retail Lending Vertical - CA

Lead - Retail Internal Audit (Only from Bank/NBFC)

REPORTING STRUCTURE:

Group Head - Internal Audit

QUALIFICATION:

- Chartered Accountant (CA). 2004/05/06 pass out

- 12-15 years of total work experience in internal audit and risk management of HFC / NBFC / Banking, and Big 4 audit firms

- The primary role of the individual will be to lead the internal audit vertical for the Retail Lending group. It entails taking complete ownership of the internal audit process including preparing and administering the annual audit plan, managing the detailed planning, risk assessment, scoping, and resource planning. The individual has to adhere to the guidelines set by the organization and make the process more efficient by contributing to the larger objectives of the organization.

- Monitor the audit cycle program to ensure it remains effective and up to date.

- Manage the detailed planning, risk assessment, scoping, and resourcing of audit projects.

- Lead preliminary planning and establish direction for audits, provide support to assigned auditors, manage project to quality outcomes, meet established time budget

- Ensure execution of audit plan as per agreed timelines, draft audit reports, discuss and finalize the same with the auditee

- Review the working papers prepared by subordinates and take complete ownership of it

- Identify critical areas for continuous monitoring and develop necessary exception reports for the same

- Automation / Digitization of all possible audits

- Prepare audit committee presentations for audits held during each quarter and make sure that all critical issues are included along with an adequate plan of action

- Conduct special audits as required by senior management and issue reports.

- Provide guidance and training to team members

- Capture and share best-practice knowledge among the team

- Create an environment that promotes collaborative learning and collective ownership of responsibilities

- Leverage in-house synergies through collaboration with internal stakeholders

- Assess and make appropriate recommendations to improve the governance processes on business decision-making, risk management, and control; promote appropriate ethics and values within PCHFL; and ensure effective performance management and staff accountability, etc.

- Travel to branches PAN India for audits as and when required

- Knowledge of Retail Asset / Mortgage products