Chief Manager - Internal Audit

Internal Audit

SBIMFs Internal Audit department ascertains whether the organization's network of risk management, internal control systems and governance processes, as designed and represented by management, is adequate. It provides independent, objective assurance and recommendations designed to add value and improve the organization's operations. It helps the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

Roles and Responsibilities

• Complete audits being undertaken by the team. Audit fieldwork includes completing the audit program, documenting control weaknesses or inefficiencies, and managing the audit within the given timeframes.
• Finalizing audits, including working papers, conducting exit meetings, and drafting the audit report.
• Reviewing the work of the juniors and ensuring a quality & timely delivery
• Working on special projects including RFP
• Liaising with external auditors and review scope coverage, reports produced etc.
• Work with external stakeholders including custodians and registrars
• Liaise with internal departments

Skills & Competencies 

• Understanding of mutual fund industry with audit background
• Ability to communicate effectively with good verbal and written communication skills
• Strong analytical skills
• Ability to work under pressure without compromising on the quality of work
• Microsoft Office proficiency with a strong emphasis on Excel.
• Ability to work independently and as part of a team and self-motivated

Education and Training

• Required to either hold a professional accounting or auditing designation (e.g., CA, CPA, CIA)
• Seven to Ten years auditing experience minimum
• Strong understanding of mutual fund industry
• Hands on internal audit experience in banking, financial services or insurance or equivalent external audit
• Experience in Internal Audit shall be desirable