L&T Financial Services - Wholesale Credit Auditor

Require Wholesale Credit Audit Experience

Planning: 

- Align auditee's and internal resources to facilitate execution as per Audit Plan.

- Develop areaswise timelines within overall engagement level budgets.

Execution: 

- Execute audits in line with testing plans/ checklist. Gather required data, check processes and documents and identify non compliance with process and regulatory lapses therein.

- Evaluate the internal control over assigned areas of audit, to ensure compliance with company policies and procedures and regulations. Identify any non-compliance for reporting as discussion points with auditee.

- Map business processes and conduct analysis to determine associated risks.

- Executing analytics/trend analysis by collating data from various sources for the consumption of the audit team. Investigate and perform root cause analysis on Risk Events.

- Ongoing monitoring and management of co-sourced firm.

- Adherence and enhancement of Internal Audit working standards (including document standards) Management and quality of the deliverables of co-sourced firms for the audit assignment

- Finalise draft audit observations along with assessment of risks involved and to provide inputs for incorporation in the draft audit report.

Communication : 

- Presentation and confirmation of the draft observation with auditee's line manager and assessing impact. Maintain adequate audit documentation for corroborating the observations

- Monitoring and timely follow-up on implementation of audit recommendations.

- Ongoing communication with the co-sourced firms on progress and quality of audits.

- Providing regular updates on status of audit progress.

- People development

- Attend planned trainings on timely basis.

- Maintain professional certification(s) and continue to develop and expand knowledge of the audit profession, information systems, regulatory issuances, industry, and Company products and information through self-study, research, and continuing education efforts.
 
Infrastructure : Effective and consistent use of infrastructure