Vice President - Internal Audit - BFSI/IT

Role Contour : Responsible for providing an independent assurance of prudent governance, compliances, process & financial compliance to the Protean board

Accountabilities :

Function Strategy :

- Provide independent review that Protean's risk management, governance, and internal control processes are designed and operating effectively.

- Establish audit requirements from a regulatory standpoint & Protean's business, financial & process compliance requirements

- Work with the CEO & other CXOs to translate audit committee's requirements into strategic mandates for all functions and incorporation in annual plans

- Collaborate with CRCO to implement effective risk management and control measures

Planning & Governance :

- Identify, understand and document processes and procedures surrounding internal controls for business process improvement

-Act as the third line of defense; audit processes, finances & systems internally to identify and recommend areas of improvement

Audit Implementation :

- Prepare the audit plan in consultation with the audit committees. Collaborate with the various external audit/review agencies to provide inputs and reduce duplication

- Evaluate and rank deficiencies/control gaps based on the impact; manage and provide support in preparation of internal audit plans and designing audit programs

- Perform audits and process reviews independently & to coordinate/supervise internal audit activities

- Audit all internal & customer facing processes, financial statements and reports, regulatory and statutory compliances across all functions at Protean

- Ensure factual accuracy and root cause analysis of the identified audit issues

- Draft audit reports for audit committees and review audit reports with CXOs and with head internal controls & compliance

- Work closely with all CXOs to close open audit items

- Support in the review, monitoring and audit of compliance with regulatory requirements

Audit Process Enhancements :

- Drive process automation in capturing data for audit, establishing governance around closure of observations, tracking of open items

Capability Building :

- Build a strong teams and capabilities to ensure a leadership pipeline for future

- Conduct targeting capability building for identified audit champions & data owners on audit process, timelines