Manager - Group Wide Internal Audit - BFSI

Manager - Group Wide Internal Audit - BFSI

Job Title: Internal Audit Manager

Reports to: Director Internal Audit

Overall Job Purpose

- To manage Internal Audit engagements across the group reporting directly to Principal Audit Managers within GwIA. May require management of multiple assignments/reviews.

Key responsibilities

- To work under the direct supervision and guidance of the Director IA / BU PAM to generally achieve the following:

Internal audit

- Contribute to the delivery of the annual audit plan within defined timelines, budgets and quality standards.

Acting in the capacity of Audit Manager

- Manage one or more audit assignments simultaneously.

Planning

- Draft audit strategy and approach to the audit.

- Lead interviews with the management responsible for the area being audited, including senior stakeholders.

- Brief the audit team on their respective roles.

- The Manager should be able to understand the business background of the area being audited.

- Review the draft Terms of Reference prepared by the Principal Auditor

- Present the draft Terms of Reference at the panel.

Fieldwork

- Review documentation of key processes and associated risks and controls being examined in the audit – the Manager would be involved in the more complex activities being reviewed.

- Review the audit working papers in line with the GwIA audit methodology and to ensure they meet QA standards.

- Review audit conclusions based on control and risk evaluation and associated testing

Reporting

- Prepare / review the draft internal audit report for discussion with the Auditee.

- Ensure that potential observations are discussed with management at periodic intervals to facilitate a no-surprises closing. Discuss the audit report and findings with senior line management

- Ensuring that appropriate responses are obtained for each issue raised in the report and that recommendations are practical.

- Ensure that status update is provided to PAMs at regular intervals.

- Present the draft audit report at the panel.

- Ensure project profile and status & milestones are appropriately updated on Teammate for MI reporting.

- Ensure that quality of report is as per professional standards

Closure

- Provide feedback on performance following completion of each assignment.

- Maintain good working relations with stakeholders involved in the review.

- Ensure Teammate file is closed in a timely manner

- Sustain quality parameters of the team

Issue Assurance

- Proactively manage outstanding issues

- Review the audit working papers and approve closure on Team Central in line with the GwIA audit methodology

As part of the IA management team, participate in one or more of the following activities under the guidance of Director, Internal Audit:

- Prepare the annual audit plan in consultation with business line management including clear articulation of specialist audit and resource needs to deliver the annual audit plan provided to Technical Leads.

- Responsible individually and collectively for the scheduling and utilisation of the resources.

- Recruitment

- People initiatives such as Colleague Engagement Survey, nominations for R&R and trainings and development

- Billing and accruals

As People Manager, line manage a team of Assistant Managers and Deputy Managers within a matrix structure including coaching and mentoring individuals, providing performance feedback, conducting regular 1:1 sessions, conducting development and career progression discussions, cascading relevant information to the team.

This job will involve significant travel outside India.

ONLY CANDIDATES FROM BIG 4's MAY APPLY - Current role must be @ Manager Grade with exposure of direct people management – experience of conducting Performance appraisal, stakeholder management, team handling. He/she should be able to lead all reviews – end to end reviews

Vishal. B
Colosseum Consulting