IT Audit Compliance Lead (10-20 yrs)

Relevant job Experience

- 10 years of minimum experience in Banking / Financial Sector with exposure to handling of Team

- Compliance / Risk / Audit experience will be an added advantage

- Sound understanding of RBI CSITE Inspection Report, Cyber Security processes, CERT-IN Gudelines, knowledge of DPDP Act

Qualifications & Certifications:

- IT Graduates / Post graduates with sound knowledge of Regulatory Compliance in banks/NBFC

- Diploma or degree in IT/Information Security /CISA certification would be an added advantage

Key Responsibilities:

Risk Assessment:

- Identify and assess risks related to IT processes and systems.

- Evaluate the effectiveness of IT controls and risk management practices.

Compliance Monitoring:

- Ensure adherence to industry standards (e.g., ISO 27001, NIST, GDPR).

- Monitor compliance with internal policies and external regulations.

Audit Planning:

- Develop and execute audit plans, including scope and objectives.

- Prepare audit schedules and manage resources effectively.

Data Analysis:

- Analyze IT systems and data for security vulnerabilities and compliance issues.

- Utilize data analytics tools to assess the effectiveness of controls.

Reporting:

- Prepare audit reports detailing findings, recommendations, and action plans.

- Present audit results to stakeholders and management.

Collaboration:

- Work with IT teams to remediate identified issues and enhance controls.

- Collaborate with other departments (e.g., legal, finance) to ensure comprehensive compliance.

Continuous Improvement:

- Stay updated on emerging technologies, regulations, and best practices.

- Recommend improvements to existing policies and procedures.

Skills Required:

- Technical Proficiency: Knowledge of IT systems, cybersecurity, and data protection measures.

- Analytical Skills: Strong ability to analyze complex data and identify trends or issues.

- Communication Skills: Ability to communicate findings clearly to technical and non-technical stakeholders.

- Attention to Detail: Keen eye for detail to ensure accuracy in assessments and reports.

- Project Management: Skills to manage audit projects, timelines, and resources effectively.