Job Requirements
About the Role
The
Senior Internal Audit Manager will be responsible for independently managing internal audits across the bank's operations. Based in Mumbai and reporting to the Head of Internal Audit, this role involves end-to-end ownership of the audit process—from planning and execution to reporting and presentation. The role is critical in ensuring compliance with internal guidelines and enhancing the efficiency and effectiveness of the bank's audit framework. The incumbent will play a key role in supporting the bank's strategic objectives through robust risk assessment and audit practices.
Key Responsibilities
Primary Responsibilities
- Administer the bank's annual audit plan and ensure timely execution.
- Conduct internal audits of various banking functions as assigned.
- Lead the planning, risk assessment, scoping, and resource allocation for complex audit projects.
- Provide direction and support to audit team members, ensuring quality outcomes within established timelines.
- Draft audit reports, discuss findings with auditees, and finalize reports in alignment with internal standards.
- Review and take ownership of working papers prepared by subordinates.
- Identify critical areas for continuous monitoring and develop exception reports accordingly.
- Prepare quarterly audit committee presentations, ensuring inclusion of all critical issues and action plans.
- Conduct special audits as requested by senior management and report findings.
- Follow up on compliance with audit recommendations and ensure timely resolution.
Secondary Responsibilities
- Support the development of operational expertise in core banking areas to enhance audit quality.
- Develop key metrics, trend analyses, and strategic insights for senior management.
- Provide guidance and training to team members on internal audit practices.
- Promote knowledge sharing and best practices within the team.
- Foster a collaborative environment that encourages shared ownership of responsibilities.
- Collaborate with internal stakeholders to leverage synergies across departments.
- Stay updated on global market trends and competitor strategies relevant to internal audit.
What We Are Looking For
Education
- Graduate in B.Com.
- Postgraduate qualification in Finance (MBA preferred).
- Professional qualification such as Chartered Accountant (CA) is mandatory.
Experience
- Minimum of 7 years of experience in internal audit, preferably within the banking or financial services sector.
Skills and Attributes
- Strong understanding of internal audit methodologies and risk assessment.
- Excellent analytical, organizational, and project management skills.
- Ability to manage multiple audits simultaneously and meet tight deadlines.
- Strong communication and interpersonal skills for effective stakeholder engagement.
- Proficiency in preparing high-quality reports and presentations for senior management.
- Leadership qualities with the ability to mentor and guide team members.
- High level of integrity, attention to detail, and a proactive approach to problem-solving.
