? Develop annual Branch audit plan detailing the scope, nature and periodicity of the Branch audits. ? Design internal audit procedure to ensure timely execution of Branch Audits as per the Plan. ? Assess the adequacy, effectiveness and efficiency of the established internal controls and procedures through the Branch audits. ? Review the reports prepared by the Auditors and ensure that the same are drafted in an expected manner and appropriate recommendations are provided for the rectification of the highlighted discrepancies ? Discuss critical audit findings immediately with the line manger and report significant issues to Head of Internal Audit ? Ensure that the appropriate management comments with timelines is received in due time, report is finalized and Branches are rated on the basis of defined rating methodology. ? Circulate final audit reports with the rating to the branches keeping the senior management in loop. ? Train and mentor the branch audit staff.
Process Improvements
? Random visits to branches to monitor the Branch Audit process and performance of the Auditor. ? Periodic review and revision of Audit checklist and rating methodology basis the changes brought in by management and regulators. ? Train the subordinates on the new changes brought in the Audit checklist and rating methodology.
Management Reporting
? Prepare Audit committee pack in consultation of the Reporting manager ? Assist in overall preparation of the Audit committee presentations. ? Act upon the actionable as directed by Head Internal Audit
Job Type: Full-time
Pay: ?1,000,000.00 - ?1,200,000.00 per year
Work Location: In person
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