Senior Manager - Internal Audit - NBFC

Job Title : Internal Audit- Retail/NBFC

Location : Mumbai

Job Purpose : To assist the Sr. Audit Manager in planning & completion of the audit calendar & other special assignments in time with quality observations & lead the team of executives

Principal Accountabilities :

Planning :

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

- Develop areas wise 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

Skills And Knowledge :

Educational Qualifications :

- Chartered Accountant (CA)

- Certified Internal Auditor (CIA)

Functional Skills :

Core Competencies :

- Ability to grasp and assess various functions in spite of not having specialised knowledge of the same.

- Analytical skills

- Communication and negotiation skills

- Ability to withstand pressure and stand firm .

- High standard of ethics and ability to stay neutral and unbiased

Role Competencies :

- Basic knowledge of risk-based mapping of processes.

- Ability to participate in interviewing auditee across any level of Management

- Good command over verbal and written English

- Expert knowledge of working tools ( MS Office)

- Working knowledge of Powerpoint.