Manager - Operations Audit

The above role will also extend to the secondary responsibilities assigned to the Operations & Retail Audit team in terms of specific activities/functions/departments to be audited, in addition to the primary responsibility with respect to the Operations audit activities/functions. Role Description: • Supervise/conduct individual assignments as per the approved annual audit plan (comprising Operations audits and the other functions/activities assigned as mentioned above) and ensure completion of the same within the budgeted/allocated time. • Identify and evaluate the risks involved on the individual audit assignments by using the risk assessment methodology/parameters developed by Group Internal Audit Division (GIAD). • Adhere to the procedures/ guidelines contained in the internal audit Policy & Procedures manual in the conduct of their day-to-day responsibilities/tasks, encompassing audit planning, fieldwork, communication of draft audit findings to auditee management and obtaining their responses on the findings raised. • Prepare the individual audit programs for the respective audit/review assignments for adequacy. • Review the adequacy of the risk management processes in place to determine the quality of the risk exposures relevant to the Operations in banking. • Prepare the communications for and participate in the audit opening, interim and closing meetings with relevant auditee and executive management. Also, provide additional explanations/clarifications required by management on individual audit findings during the interim/closing meetings. • Prepare the draft audit report for submission to the audit/assignment in-charge for his review. • Participate in conducting special audits/investigation assignments for review of problem areas or for certain specific reasons, as and when directed by the superiors. • Conduct the post-audit follow-up of audit reports and to ensure compliance with recommendations as per instructions from audit management, if required.