AVP - Team Head - Audit with Large Private Bank

Job purpose :

To Carry out the audit of branches / departments etc

KEY RESPONSIBILITIES

• Allocation of Audits within the team.
• Visit branches/departments during/post Audit for review and finalization.
• Review of audit reports submitted by the senior auditors across business functions .
• Keep himself/herself updated on Regulatory guidelines in the area of audit.
• Keep himself/herself updated on the management directives/benchmarks assigned to business/operations unit from time to time.
• Discussion of audit observations with Circle Head/Zonal Head/Department Head/BBH for Audit reports having serious /critical lapses where process gaps expose the Bank to risk and reports which would require a downgrade of audit rating.
• Release low risk audit reports as per delegation matrix released by GHAudit.
• To carry out spot audits.
• Responsible for TAT (Audit completion Report submission for release).
• Monitoring Audit database updation.
• Review of the compliance from the auditee and recommend for closure of audit file.
• Review of UATs/system enhancement/process reviews and recommend for audit certification.
• Carrying out special reviews/investigations (if any) assigned by the corporate office.
• Recommend for change in processes (as and when warranted and identified during his/her course of Audit review).
• Review extant audit procedures basis exceptions identified during Audit review and recommend revision to audit methodology/Scope of review (including revision of Standard Audit Procedures).
• Preparation of ACB / Board notes for the team.
• Team building/recruitment to ensure the team is staffed as per budget allocated (including conducting of interviews).
• Training junior/new members (including classroom and on the job training).
• Carry out administrative activities (including approving of leave conveyance etc.) for auditors.
• Carry out performance appraisal of the auditors (jointly with the superior/Zonal Head/Regional Head Audit).
• Acting as a backup to the Zonal Head/Regional Head Audit.

Key Skills

• Should have an analytical bent of mind meticulous detailed research oriented approach for rootcause analysis of the problems/issues identified
• A problem solving approach to add value/guidance/support to business/functions to bring operational efficiency/maximize resource utilization
• Should have excellent command on MS office especially MS Excel and Power Point
• Person having knowledge of related areas of operations/RBI guidelines on banking operations would be preferred

Educational Qualifications

• Commerce Graduate
• MBA (Finance)
• Semi qualified CA / CA

Experience Required

10 to 12 years experience in related fields

Candidate Profile:

Looking for a candidate with 10 yrs exp who will be responsible for carrying out internal and branch audits for the bank.

audit manager,Audit Management,branch audit,Regulatory Guidelines,Internal Audit,Team Management