Job Requirements
About the Role
The
Lead Internal Audit will be responsible for independently managing and executing internal audits across the bank's Retail Banking business unit. This role involves end-to-end ownership of the audit process, including planning, execution, reporting, and presentation of findings to senior management and the audit committee. The role bearer will ensure audits are conducted efficiently, in alignment with the bank's guidelines, and contribute to strengthening internal controls and operational excellence.
Key Responsibilities
Primary Responsibilities
- Develop and manage the bank's annual internal audit plan.
- Oversee the audit cycle to ensure effectiveness and timely execution.
- Lead the planning, risk assessment, scoping, and resourcing of complex audit projects.
- Guide and support audit team members to ensure quality outcomes within defined timelines.
- Draft, discuss, and finalize audit reports with auditees.
- Review and take ownership of working papers prepared by subordinates.
- Identify critical areas for continuous monitoring and develop exception reports.
- Prepare and present quarterly audit committee reports, highlighting key issues and action plans.
- Conduct follow-up audits to ensure compliance with regulations and internal policies.
- Execute special audits as requested by senior management.
Secondary Responsibilities
- Provide training and guidance to project team members in internal audit practices.
- Share best practices and promote collaborative learning within the team.
- Foster a culture of collective ownership and continuous improvement.
- Collaborate with internal stakeholders to leverage synergies across departments.
- Stay updated on global market trends and competitor strategies in key markets.
What We Are Looking For
Education
- Graduate in any discipline.
- Postgraduate degree in Finance (MBA preferred).
- Professional qualification such as Chartered Accountant (CA) is essential.
Experience
- Minimum of 12 years of experience in Internal Audit, preferably within the banking or financial services sector.
Skills and Attributes
- Strong understanding of audit methodologies and risk assessment.
- Excellent analytical and problem-solving skills.
- Effective communication and report-writing abilities.
- Leadership and team management capabilities.
- Ability to work independently and manage multiple audits simultaneously.
- High level of integrity and attention to detail.
- Strategic thinking and ability to present insights to senior stakeholders.
