Job Description : Audit Plan Creation Interact with key stakeholders of business/functions teams to identify any new processes/systems implemented, challenges being faced by business/functions and priority areas for resolution Lead own team to audit observations of previous years and conduct market research to identify the priority areas, systems and processes to be covered in audit plan Contribute to the develop annual audit plan to monitor the level of adherence to (a) regulatory requirements (b) BAGIC's internal policies and controls Submit draft plans to supervisor for approval and incorporate any feedback/inputs received Facilitate presenting the plan to Audit Committee, and upon approval, oversee dissemination of audit plan with all relevant stakeholders across the organization Audit Execution and Conclusion Conduct audit of internal controls, systems, processes and procedures followed by various functions/ departments to assess the effectiveness of the existing control mechanisms Interact with internal and external stakeholders (such as customers and channel partners) to identify systemic issues, compare with best practices across the industry/markets and highlight any other audit observations Suggest recommendations & carry out follow ups for identified audit observations/issues/best practices to facilitate achievement of the cost savings, risk reduction and increased effectiveness of internal systems and processes Provide feedback to the audited parties, Audit Committee and other relevant stakeholders on design of controls, current compliance levels with both internal policies and regulatory requirements Drive completion of audits with business/functions within approved audit plan timelines Escalate complex issues to supervisor for input Organization-wide Action Planning Support Based on audit observations from Head Office and Branch audits, identify and share organization-wide priority areas with HODs for action-planning Collate action plans received from HODs of various businesses/functions and submit the action-planning report (for the organization) to supervisor in order to enable him/her to present/submit the same to Audit Committee, and other senior management stakeholders Drive submission of relevant inter audit reports (observations, action plans) to statutory auditors, as needed Team Management Participate in recruitment process to identify the right talent for various positions within the function Conduct training needs identification and drive adequate participation of team in training programs Establish individual performance expectations and evaluation metrics, and regularly review individual performance Identify and create development opportunities for team members to enhance functional knowledge Education/Qualification:Graduate/ Post Graduate Years Of Exp :4 to 8 Years
