Manager/ Sr Manager Branch Audit Mumbai

Job Description:

Branch Audits
 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