Chief Manager Internal Audit(Branch) Hyderabad

Job Description:

Branch Audits

• Develop annual Branch audit plan detailing the scope, nature and periodicity of the Branch audits.
• Mentor the team of Branch Auditors to achieve expected quality output.
• Manage a team of Branch Auditors and ensure that the Audits are executed as per the Plan by all the Branch Auditors
• 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