Manager - Internal Audit - Audit - Hyderabad - Queens Plaza - MM

Job Description

Business Vertical: IAD Department: IAD

Line of Business: Shared Services Proposed Immediate Superior: AVP - IAD / Senior Manager

Key Objective of the Job:

. Ensure timely completion of audits

. Ensure quality in audits

. Ensure appropriate documentation in audit working papers

Major Deliverables: Indicative, not exhaustive

. Assist in preparation of the Risk Based Internal Audit Plan

. Conduct scheduled and surprise audits of branch operations.

. Overall performance of audit procedures, including identifying and defining issues, developing criteria, reviewing

and analyzing evidence, and documenting client processes and procedures.

. Evaluate internal controls, risk management procedures, and compliance

. Draft internal Audit reports and communicate effectively to management

. Review financial records, customer transactions, and branch documentation for accuracy and completeness.

. Identify operational inefficiencies, control gaps, and potential risks.

. Ensure branches comply with regulatory requirements including anti-money laundering (AML), KYC, and fraud

prevention.

. Identify operational inefficiencies, control gaps, and potential risks.

. Recommend corrective actions and monitor their implementation.

. Maintain audit work papers and documentation in accordance with internal standards.

. Pursues professional development opportunities, including internal and external training and professional

association memberships, and shares information gained with co-workers

. Assist in timely completion of internal audits as per the defined process / methodology

. Assist in preparation for Pre Audit Committee and Audit Committee meetings

. Adhere to quality initiative within the department, maintaining a solid Quality Assurance and Improvement

Program (QAIP)

. Compliance with International Professional Practice framework & standards

Specialized job competencies:

. Technical Skills (Excel, PPT and other analytical tools)

. Governance, Risk and Compliance

. Highly refined analytical skills to quickly review and analyze business processes to identify control deficiencies as

well as business operating problems and opportunities.

. Thorough understanding of GAAP, RBI Regulations, and IIA Standards for the Professional Practice of Internal

Auditing.

. Ability to development and demonstrate the effective use of financial systems and controls to facilitate the

execution of risk-based audits

Educational Qualification:

. Chartered Accountant / MBA (Finance)

Desired Experience:

. 1-3 years experience in internal auditing, preferably in banking & financial services.

. Internal Audit Experience during CA Article ship period would be an added advantage

. Familiarity with branch operations, banking regulations, and audit methodologies.

Other desired attributes:

. Monthly travel to branch locations & completing 3-4 branches as per the plan.

. Strong interpersonal, communication, and team skills, ability to work and communicate effectively with all levels

of management and staff.

. Demonstrates leadership and credibility. Capable of generating a high degree of respect and trust, building

relationships rapidly with the various operating units and corporate staff.

. High personal standards and professional ethics with a commitment for excellence.

. Smart, quick, people-oriented, energetic, professionally assertive and havin