IA Supervisor-Internal Audit/ Mumbai

Job Description:

Team leader to manage , execute and ensuring timely completion and reporting of the audit assignments
 Key member in evolving Annual risk assessment, Audit plan development & audit methodologies
 To lead complex audit assessments across business, cross functions, support, risk & control units
 Performing Internal Audit of the operation unit and central functions as per the Audit plan.
 Supervise, train, guide the junior audit staff members for audit procedures and ensure to build a competent team.
 To review the audit planning, execution, field work, paperwork, business understanding and finalise the control areas of the audit.
 Develop a strong understanding of business and system processes.
 To drive automation & data analytics for control test procedures to enhance audit coverage.
 Examine internal controls, evaluate the design and operational effectiveness. Determine exposure to risk and develop remediation strategies.
 To finalise and close the audit by discussing with the senior management the gaps, irregularities, exceptions and deficiencies observed during audit & finalise actionable for further follow ups.
 Recommend appropriate actions to the management in order to remediate the identified weaknesses
 To finalise the audit report in an objective manner for effective communications of the findings.
 To assist the entire IA team to analyse the ongoing effectiveness of all audit programs, recommend changes and improvement the audit plan on ongoing basis.
 To play active role in reporting & effectively communicating to Sr. Management, FTAC, ACB & regulators
 To play key role in assisting HIA to meet departmental goals and new initiatives.
 Continuous enhancement of risk assessment pertaining to new system products, processes and policies.
 Maintain professional relationship with senior stake holders and maintain independence.