Internal Audit - Manager

Job Position : Internal Audit (Deputy Manager / Manager)

Location : Head Office, Bangalore

Qualification : B.Com/MBA

Skills

• Micro Finance and Rural banking knowledge.
• Proficiency in MS Office
• Excellent written and verbal English communication skills
• Multilingual - Added advantage to individuals who are able to speak more than one language (Hindi, Kannada, Telugu,Tamil)
• Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations
• Flexibility to adapt to a variety of engagement types, working hours and work environments
• Effective at inspiring and motivating team members in order to deliver high quality standards
• Recognizing the developmental requirements of team members and set goals to achieve them

Job Description

• Oversee and manage the back-office audit team, ensuring efficient operations and adherence to timelines.
• Coordinate closely with the regional and zonal internal audit teams to maintain alignment and consistency in audit procedures.
• Collaborate with senior management and other departments to ensure seamless communication and implementation of action plans arising from audit observations.
• Provide regular updates to senior management regarding the status of audit observations and action plans.
• Constant updates on Internal audit observations and implementation status with Senior Manager
• Prepare and submit Management Information System (MIS) reports to stakeholders within defined timelines, ensuring accuracy and clarity in the information provided.
• Develop and maintain a comprehensive risk-based audit plan to identify key risks and ensure appropriate audits are conducted to address them.
• Manage the Audit Management System, working closely with IT teams and vendors for system coordination and improvements.
• Prepare Business Requirement Documents (BRD) for system enhancements as needed.
• Prepare various reports and insights for the Audit Committee Board, focusing on key audit findings and actionable recommendations.
• Analyze data from internal systems to provide management with timely insights and support decision-making.
• Design and maintain audit checklists for new and existing products, ensuring they are relevant, comprehensive, and aligned with broader audit programs.
• Lead audits for various loan products, including Two-Wheeler loans and other NBFC products, ensuring compliance and risk management practices are followed.
• Facilitate coordination with external auditors, consultants, and vendors on matters related to controls, policies, processes, and compliance.
• Create audit triggers and assist in the planning and execution of Risk-Based Internal Audits (RBIA) to enhance risk identification and control evaluation.
• Provide expert advice and support to departments on the creation or modification of policies, processes, products, and services to ensure compliance and effective internal controls.
• Contribute to the overall effectiveness of the Internal Audit (IA) function by identifying business risks and evaluating controls to mitigate those risks, ultimately improving risk management, control, and governance processes.