Senior Vice President/Vice President - Internal Audit - SME/Wholesale Banking - CA

About the role:

- The bank is looking for a SVP/VP - Internal Audit (SME / Wholesale Banking) to oversee and execute the internal audit function for SME and wholesale banking operations.

- The ideal candidate should have 14-20 years of banking audit experience, ensuring compliance with regulatory frameworks, risk assessment, and process improvement across SME and WSB portfolios.

- This role will report to the Head of Internal Audit and play a key role in driving audit excellence.

Responsibilities:

1. Develop and implement the internal audit plan for SME and wholesale banking, ensuring alignment with RBI regulations and internal policies.

2. Conduct risk-based audits of credit underwriting, loan disbursement, trade finance, working capital loans, and SME/WSB lending portfolios.

3. Evaluate fund-raising activities, debt issuances, and capital market transactions to ensure compliance with regulatory and risk frameworks.

4. Identify control weaknesses, assess risks, and recommend corrective measures to enhance operational efficiency.

5. Prepare and present audit findings to senior management and the Head of Internal Audit, ensuring timely resolution of issues.

6. Strengthen risk management frameworks by implementing robust monitoring and internal control mechanisms.

7. Lead a team of internal auditors, guiding them on audit execution, methodology, and reporting.

8. Collaborate with regulators, risk, finance, and business teams to address audit observations and ensure compliance.

Core Competencies:

- 14-20 years of banking experience, with a strong focus on internal audit for SME and wholesale banking.

- Deep expertise in credit risk, trade finance, loan portfolios, fund-raising mechanisms, regulatory compliance, and internal controls.

- Strong knowledge of RBI regulations, risk management frameworks, and audit methodologies.

- Proven ability to lead audit teams, drive strategic initiatives, and enhance internal control mechanisms.

- Professional qualifications like CA, CIA, CISA, or FRM will be an advantage.

- This is a leadership role, suitable for an experienced internal audit professional looking to drive and strengthen SME/WSB audit functions while working closely with the Head of Internal Audit.