Head of Internal Audit

The Head of Internal Audit (HIA) provides independent and objective

assurance on the branch & governance risk management and internal

control line with the Head Office Audit Division& Risk-

Based Internal Audit (RBIA) approach the HIA is responsible for

providing periodic risk intelligence to support the Head Office&risk

assessment and audit planning.

The HIA function is required to provide periodic work reports to the Head

Office Audit Division(HOAD) and to work closely with the branch

management team. While maintaining independence and objectivity the

function further strengthens the internal control culture.

Plan and manage branch audit activities in line with the Head Offices

annual audit plan and RBIA assessment outcomes.

Establish the Branchs internal audit operating procedures and execute

and manage internal audit activities and regularly report to the HOAD on

audit progress and results major/high-risk issues remediation status

regulatory developments and the Branchs risk/business profile;

immediately escalate major issues suspected fraud or material control

failures in accordance with applicable requirements.

Periodically gather branch risk information (e.g. emerging risks

significant control deficiencies regulatory focus themes and material

changes in products processes systems and third party arrangements)

and provide it to the HOAD to support RBIA risk assessment.

Serve as the primary liaison for RBI inspections and external audits;

coordinate document/data submissions interview arrangements

responses and remediation follow up.

Track remediation plans for internal and external observations to ensure

corrective actions are specific verifiable and completed on time.

Coordinating and managing Concurrent Audit activities including

participation in the selection and appointment of concurrent auditors

overseeing the effectiveness of audit execution and ensuring the quality

and timely submission of audit reports. The role may require direct

involvement in Concurrent Audit engagements when necessary. Material

deficiencies shall be escalated promptly and significant audit findings

shall be periodically consolidated and reported to relevant governance

bodies and the HOAD.

Support the HOAD in audit execution and other audit related assistance

as required.

Qualifications At least 8 years of working experience in the banking or financial services

industry including a minimum of 3 years of experience in an internal

audit function or a public accounting firm. Prior experience with a foreign

bank operating in India (e.g. Japanese or Korean banks) is a plus.

Strong understanding of banking operations regulatory requirements and

international internal audit standards.

Bilingual proficiency in English and Mandarin (oral and/or written) is a

plus; Candidates must possess strong planning stakeholder management

effective communication and coordination abilities and excellent report-

writing skills with the ability to prepare clear professional reports and

correspondence for Head Office and local stakeholders (e.g. branch

management regulators and external auditors).

Familiar with MS Office Suites or possess database analysis capabilities.

Professional certifications such as CIA / CISA (or equivalent) are

preferred.

Willingness to travel across the region.