Audit Manager (Credit Audit)

Job description

Job Description 1. POSITIONDESCRIPTION JOBTITLE AuditManager GRADE AVP-1 DEPARTMENT InternalAudit Department LOCATION RegionalOffice / Branch SUB-DEPARTMENT NA TYPEOF POSITION Full-time REPORTSTO RegionalAudit Manager REPORTINGINTO AssistantManager and Auditor ROLEPURPOSE OBJECTIVE - Toexecute and perform internal audit of branches as per auditmethodology/ procedures defined in Internal Audit Policy andapplicable external/regulatory requirements - Tomaintain evidences and supporting documents and submit toRegional Audit manager after each audit completion. - Toverify worksheet (Risk Control Matrix) scoresheet for eachbranch audit and keep in record. - Mentornew joinees and guide them on all policy matters and Field AuditProcess. - Tocoordinate with owning department for audit issue tracking andclosure SIZE OF THE ROLE FINANCIALSIZE NON-FINANCIALSIZE - NA - Ensureto conduct Branch Audit as per the Audit plan KEY DUTIES RESPONSIBILITIES OF THE ROLE - **Business/Financials** Executionof audits - Adoptingand Implementing Risk Based audit methodology, planning the auditschedule for state/ region with the Regional Audit Manager toensure all the branches are covered in line with annual auditplan. - Ensureto conduct/ cover process and thematic audit as and when requiredas per Annual Audit Plan. - Efficientallocation of Audit Assignment among the team members. - Ensureto cover scope of audit as per applicable Risk Control Matrix forBranch Banking Micro Banking audit. - Ensuringprescribed samples are covered in each audit. - Ensureall processes should get visited as per audit methodology forMicro banking audit. - Reviewof Audit Work Papers. - EnsuringSocial Service Department audit to be executed as and whenrequired. - Ensuringaccomplishments of Monthly /Quarterly annual audit plan forallotted branches - EnsuringBranch Fixed Asset Verification as applicable. - Checkadherence of internal policies, processes products with theapplicable RBI rules and regulations. - Highlightdesign operational level gaps identified during audits tothe concerned stakeholders for enhancement of audit. - Conductindependent branch audits. - **Customer(Both Internal External)** Professionaland cordial relationship to be maintained at all the times withthe Auditees during and after the Audit. Ensureaudit team shares the Daily observation sheet with the BusinessTeam during the audits and the Audit closing meeting is held inthe presence of branch supervisors. Stringentmonitoring of Non-compliances from branches as well as from otherfunctions. Listof Non-compliant branches / issues to be circulated on a weeklybasis with ageing to the Regional Audit Manager. Conductingthe BLT/ participating in other business meet as per theDepartmental call. AssistingRAM for preparation and submission of various RBI required datato Compliance department. AssistingRAM for providing data as per Regional Head Officerequirement as applicable. - **InternalProcess** Timelypreparation circulation of Audit Reports - AssistingRAM for ensuring Audit Reports are rolled out within theprescribed timelines - - Ensurequality reliability of the audit reports by effectiveimplementation uniform Scoring pattern based on Risk ControlMatrix and Reports get circulated with proper review. - AssistingRAM in circulations closure of all the audit reports and toassist RAM in issuance of audit closure certificate to branches. - Preservationof Circulated and Closed Report for RBI review if any required. - Anycritical issues, frauds etc., to be immediately communicated tothe Regional Audit Manager. AuditSupervision