About the opportunity
Job Overview
<p>As the Audit Team Leader at a Leading Bank, you will have the opportunity to lead a team of Internal Auditors with a light-hearted approach and mentor them in conducting a clean Branch Audit. Your role will involve overseeing the audit process, identifying areas for improvement, and implementing effective solutions. You will also have the chance to collaborate with the Branch Banking departments and build strong relationships while ensuring compliance and risk management. Prepare the audit rosters and guide the team in planning their daily branch audit schedule.</p> <p><b>KEY RESPONSIBILITIES</b></p>
<ul>
<li>Allocation of Audits within the team.</li>
<li>Visit branches/departments during/post Audit for review and finalization.</li>
<li>Review of audit reports submitted by the senior auditors across business functions .</li>
<li>Keep himself/herself updated on Regulatory guidelines in the area of audit.</li>
<li>Keep himself/herself updated on the management directives/benchmarks assigned to business/operations unit from time to time.</li>
<li>Discussion of audit observations with Circle Head/Zonal Head/Department Head/BBH for Audit reports having serious /critical lapses, where process gaps expose the Bank to risk and reports which would require a downgrade of audit rating.</li>
<li>Release low risk audit reports as per delegation matrix released by GH-Audit.</li>
<li>To carry out spot audits.</li>
<li>Responsible for TAT (Audit completion + Report submission for release).</li>
<li>Monitoring Audit database updation.</li>
<li>Review of the compliance from the auditee and recommend for closure of audit file.</li>
<li>Review of UATs/system enhancement/process reviews and recommend for audit certification.</li>
<li>Carrying out special reviews/investigations (if any) assigned by the corporate office.</li>
<li>Recommend for change in processes (as and when warranted and identified during his/her course of Audit review).</li>
<li>Review extant audit procedures basis exceptions identified during Audit review and recommend revision to audit methodology/Scope of review (including revision of Standard Audit Procedures).</li>
</ul> <p>We are seeking for a dynamic and light-hearted individual with strong Branch Banking Operation experience. The applicant must have a through knowledge about RBI rules, bank's compliance, and risk management. The ideal candidate should have strong leadership skills, excellent communication abilities, and a passion for continuous improvement. </p>