Job Title: Head of Audit
Job Grade: Vice President (VP)/Senior Vice President (SVP)
Job description/Responsibilities:
- Evaluate to ascertain whether the implementations of controls are executed in accordance with prescribed policies & procedures.
- Lead and manage the team effectively for ensuring proper controls over financial as well as compliance functions.
- Prepare the Annual Risk Based Audit Plan & get it approved by the Audit Committee of the Board.
- Carry out comprehensive Internal Audit & Inspections of the Branches/ Corporate Office divisions/ departments.
- Examine the Internal Control Processes, Records and Transactions on sampling/rigorous basis.
- To conduct Surprise Audit/Inspections of Branches/SME Centers/IBWs/Agent Outlets
- Evaluate the compliances of the Regulatory Issues of regulatory bodies and Bank’s own policy guidelines.
Educational Qualification: Master’s in any discipline preferably in business background with good academic record. Qualified/partly qualified Professional Accountant (CA/CMA/ACCA) with sound banking knowledge & experience.
Job Experience: At least 15 years’ experience in banking/financial institutions is must. Working experience as Head of Audit in reputed foreign or local banks/financial institutions will get preference. |
