Manager Internal Audit

Bharat Financial Inclusion Limited (100% subsidiary of IndusInd Bank Ltd.); Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Bharat Financial Inclusion Limited is seeking a Manager Internal Audit to oversee Head Office audits and critically appraise the Internal Audit Department's functioning. The role requires ensuring policies, processes, procedures, and controls are effective and aligned with regulatory expectations.

Key responsibilities include planning and executing HO audits, developing planning memos, and leveraging data analytics to strengthen audit coverage.

Qualifications

• Minimum 1 year experience in Head Office functional audits with Microfinance / NBFC / Bank.
• Education preference would be CA Inter/ICWAI Inter - semi qualified.
• Knowledge of auditing policies, standards, and procedures.
• Knowledge of RBI and Banking Regulations.

Responsibilities

• Plan, execute and monitor Head office audits.
• Create initial audit planning memos and processes.
• Develop innovative data analytics test approaches applicable to audit objectives.
• Perform audit procedures, identify deviations from controls and communicate observations to audit team and business management.
• Stay abreast of changes in the business and industry to assess impacts to the risk profile.
• Innovate audit methodology using technology to cover all auditable entities and controls.
• Coordinate with external and concurrent auditors.

Skills

Audit planning

Audit execution

Data analytics

Regulatory knowledge

Stakeholder communication

Education

CA Inter/ICWAI Inter

Job description

Manager Internal Audit is responsible for performing critical role in execution of Head office audits and the critical appraisal of the functioning of the Internal Audit Department of the company. The position will oversee the functioning and effectiveness of all policies, processes, procedures, and controls.

Key Responsibilities:

• Plan, execute and monitor Head office audits.
• Creating initial audit planning memos and process.
• Developing innovative data analytic test approaches applicable to audit objectives
• Performing audit procedures, identifying deviations from the expected control activities and effectively communicating observations to the audit team and business management
• Staying abreast of changes in the business and industry to assess impacts to the company's risk profile
• Initiative to innovative audit methodology by making it dynamic and use technology to cover all the auditable entities and controls of the company.
• Coordinates with the external and concurrent auditors.
• Should have a minimum of 1 year experience in HO functional audits with Microfinance / NBFC / Bank.
• Education preference would be CA Inter/ICWAI inter -semi qualified.
• Knowledge of auditing policies, standards, and procedures.
• Knowledge of RBI and Banking Regulations.