IT Audit Strategy - Mumbai

Job Description:

As a Senior Audit Executive (Strategy) – Internal Audit within the IS Audit function, you will play a key role in supporting the bank’s internal audit processes. This includes assisting in the creation of audit checklists, conducting audits / validation of regulatory submissions within defined timelines, preparing audit reports, automation of control tests, remediation activities and contributing to quarterly audit presentations. Also, it involves handling the assigned tasks independently without need for oversight. The role demands adherence to the bank’s audit guidelines and aims to enhance the efficiency and effectiveness of the audit function, thereby supporting the broader objectives of the organization.

Key Responsibilities

Primary Responsibilities

• Develop digitisation of the audit process using data and data analytics, automation, technologies such as AI and ML and continuous auditing for IT environment.
• Timely delivery of internal and external submission, including regulatory and board.
• Identify opportunities to add value beyond defined the scope specifically in cyber security and emerging technology like cloud, devops.
• Contribute towards remediation of audit issues including ensuring audit observations are closed with appropriate validation and on time and identification, communication of learnings based on remediations performed.
• Support ad-hoc request related to audit delivery, internal/external submission.
• Assist the Audit Manager in defining the scope of audits. Also, contribute towards preparation of Risk Based Audit Plan.
• Execute audit plans in accordance with agreed timelines.
• Prepare presentations for quarterly audit committee meetings.
• Maintain professional relationships with auditees.
• Share best practices and knowledge within the audit team.

Secondary Responsibilities

• Support the development of operational expertise in core areas to enhance audit quality.
• Develop relationship cross-functionally within IA and across the bank, primarily in IT, IT governance and ISG.
• Maintain understanding of the industry market and regulatory requirement, business activities, key development in Bank’s IT environment and assess its impact to IA.
• Stay updated on current technological trends and developments relevant to IT auditing.
• Contribute to the continuous improvement of audit processes and methodologies.

What We Are Looking For

Education

• Graduate Degree: Bachelor’s degree in Engineering, Information Technology, Computer Science, or related field.
• Postgraduate Degree: Preferred in IT systems, CA or Operations.
• Professional certifications such as CISA / CISSP, Cloud or equivalent is required. Law, FRM (any of these will be an added advantage).

Experience

• 8+ years of total professional experience, preferably in Internal audit, Information Security, IT Risk, IT Security or related functions.

Skills and Attributes

• Strong knowledge of IT ecosystems including application / infrastructure / cyber security / operations and process.
• Awareness of compliance standards including regulatory guidelines and audit best practices.
• Strong understanding of IS / IT auditing principles and practices.
• Excellent data gathering, analysis, and reporting skills.
• Strong analytical, problem-solving, and interpersonal skills.
• Clear and effective communication—both written and verbal.
• Ability to work independently and manage multiple priorities efficiently.
• High attention to detail and commitment to accuracy.