Group Leader Audit - WSB/SME/ Treasury| Mumbai

1. Perform detailed audit and evaluation of internal controls for Wholesale Banking, Trade Finance, Treasury and Risk Management areas and comment on compliance.
2. Consult in various initiatives of Risk / Compliance / Business Teams

CA / MBA / CMA with at least 10 to 15 years of Internal Audit experience

1. Audit Planning and Execution:
- Develop and manage the audit plan for WSB, SME, Treasury, aligning with departmental objectives and risk assessments.
- Assign and oversee the execution of audits, ensuring adherence to internal audit standards and methodologies.
- Review and provide constructive feedback on audit working papers, ensuring accuracy, completeness, and adherence to professional standards.
- Monitor and track the implementation of audit recommendations, ensuring timely and effective corrective actions.
- Identify and manage risks associated with audits, preparation of audit plan including resource capacity such as workload adjustments or upskilling initiatives.
2. Credit Risk Management and Market Risk
- Evaluate the organization's credit risk and market risk management framework
3. Loan underwriting and Credit Administration:
- Assess the effectiveness of credit administration processes
4. RBS Tranche testing for Credit, Treasury and Trade Finance
5. Audit execution:
- Carry out and oversee spot audit of dealing room in adherence to ICG guidelines, NPI/NPA review, review of treasury expenses, vendor expenses, GL account review
- Perform and oversee management audits of the respective verticals planned for the year
6. Performance evaluation and self-development
- Stay updated on relevant regulations, industry best practices, and internal audit standards.
- Evaluate the performance of team members so as to assist them improve their performance.