Internal Audit:Head - Bharat Banking & CBG Audit

The role involves:

• Proactive management of credit audits of the businesses housed under Bharat Banking Group and Commercial Banking Group in tandem with the continuous strategic developments and undertake internal audit activities in accordance with the Bank's Policies, Procedures, Regulatory requirements, Internal Audit Standards and leading practices.
• Developing audit strategies and audit plans based on risk assessment and regulatory framework ensuring use of advanced auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives

• Develop strategies and plan for conducting audits of Credit Departments covering Bharat Banking, Commercial Banking etc. as per RBI guidelines and special projects in mitigating risks.
• Develop audit methodology and audit programs covering key governance, risk management and control processes for areas relating to Bharat Banking, Commercial Banking and Wholesale Banking Operations
• Develop and implement strategies to identify and conduct focused Snap audits based on triggers relating to external events, serious irregularities, frauds, customer complaints, High risk indicators, etc.
• Establish reporting frameworks such as a risks and controls dashboard, analysis and reporting to Senior Management
• Liaise with business and support Units head to identify key strategic and operational areas
• Review the assessment of adequacy of internal control systems, policies, and processes and review the recommendations, whether are in line with the risk identified and conclusive enough to address the issue.
• Provide creative and proactive resolution of control issues relating to significant areas of risk in a manner consistent with corporate goals, strategies, values and leading practices.
• Contribute to advisory assignments relating to organizational activities, process development/ improvement

Education / Qualification:

• CA/MBA (finance)

10-15 Years of Experience (Banking Domain preferred)

• Experience in the field of credit audits
• Domain experience of lending, like Commercial Banking, SME, Agricultural Finance, Gold Loans, Micro Finance etc.

• Ability to have effective communication with Senior Management, Executive Directors and Audit Committee
• Ability to provide insights to Senior Management based on deep understanding of the business, processes and industry trends for remediation of the risk and strengthening the control environment.
• Ability to have effective communication with the Regulator/ external stakeholders e.g. statutory auditors, etc.
• Technically proficient with strong analytical abilities, conversant with Risk Strategies and process, wholesale and retail banking products and the related processes and controls, network environment and various data analysis software tools.