Audit Manager ? Retail Credit

Job Description

ROLE PURPOSE: Participate/Lead in risk-based and client-focused Retail Credit audits. Manage the audit planning, fieldwork, report writing, maintenance of audit working papers and follow up of corrective action plans. Lead audit assignments and perform duties of the Lead Auditor as and when tasked by the GIA management. Assist fellow auditors with their daily audit work whenever required.Key Accountabilities of the role

• Execute /Manage various phases of an audit assignment which include:
• Assist/Lead the planning of audit assignments.
• Conduct discussions and walkthroughs as part of the planning phase.
• Prepare/contribute/review Audit Programs and obtain necessary approvals.
• Execute the approved Audit Program. Complete the audit tests for the areas allocated in an audit assignment within the agreed timelines.
• Draft/Finalize audit findings for the exceptions identified during audit fieldwork. Engage with the audit entity to discuss and ascertain the factual accuracy of the finding.
• Ensure that all the audit tests conducted are supported with adequate documentation. Complete the work papers in the audit management system for review.
• Join the audit team?s discussions and meetings with the auditee?s management and staff members to ensure successful and timely execution of audit engagements.
• Lead audits and assume the role of the Lead Auditor as and when tasked by GIA management.
• Support the follow-up and closure of corrective action plans. Discuss and review the corrective action plans closures submitted by the business and recommend appropriate actions to the Heads of Audit/ Sr. Manager.
• Attend Portfolio Review meetings on behalf of GIA and critically analyze the Retail Credit MIS periodically to provide tangible inputs to Head of Audit/Sr. Manager on audit approach.
• Review retail credit policy changes, new product offerings and regulatory updates for periodically summarizing to the Head of Audit/Sr. Manager and updating the Audit Program accordingly.
• Support the Senior Audit Managers and Heads of Audit in advisory / consultancy assignments.
• Ensure consistent application of Group Internal Audit methodology.
• Engage in Continuous Professional Education and Individual Development Plan through attending relevant trainings, conferences, and pursuing certifications relevant to the field of internal audit.
• Support in coaching and supervision of junior members of GIA team.
• Perform any other additional tasks as assigned by GIA management.

Specialist Skills / Technical Knowledge, Technical Competencies Required for this role:

• Bachelor?s degree in banking relevant fields (i.e., Business Administration, Economics, Finance, Accounting, etc.) from a recognized institution.
• Certifications such as CA, ACCA CPA, or CIA is mandatory.
• Specialised knowledge and experience in or in auditing Banking Retail Segment (across Product, Policy, Sales, and Credit) and Retail Portfolio Analysis.
• High degree of analytical, reasoning/judgmental skills.
• Excellent communication (writing & verbal) skills.

Previous experience:

• Minimum eight years? experience in external audit, internal audit or related activities.
• Minimum five years? banking audit experience, retail credit audit, credit risk analysis, retail banking, etc.
• Relevant experience from one of the big four accounting firms is mandatory.

Keyskills :