The role involves

- Proactively manage the audits of regulatory risk areas covering Central Office, Business Function, Retail Banking Operations & Transaction Banking Operations in tandem with the continuous strategic developments and undertake internal audit activities in accordance with the Bank's Policies, Procedures, Regulatory requirements, Internal Audit Standards and leading practices.
- Developing audit strategies and audit plans based on risk assessment and regulatory framework, ensuring use of advanced auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives.
- Develop and implement an effective continuous monitoring framework for the internal audit department to provide value added assurance to the Senior Management on key governance, risk management and control processes for areas relating to Information Security, Central & Business Functions, Revenue Leakage and Cost Control.

Key Responsibilities

- Develop strategies and plan for conducting audits of Central Functions, retail & transaction banking operations covering Business functions, support function, transaction processing centres, operation units, etc. as per RBI guidelines and conduct special projects in mitigating risks and strengthening controls.




- Develop and implement an effective continuous monitoring process for conducting the Thematic Audit and provide value added assurance to the Senior Management on key governance, risk management and control processes for areas relating to Central Office, Business Functions and Retail Banking Operations.
- Develop and implement strategies to identify and conduct focused Snap audits based on triggers relating to external events, reliable irregularities, frauds, customer complaints, High risk indicators, etc.
- Establish reporting frameworks such as a risks and controls dashboard, analysis and reporting to Senior Management
- Liaise with business and support Units head to identify key strategic and operational areas
- Review the assessment of adequacy of internal control systems, policies, and processes and review the recommendations, whether are in line with the risk identified and conclusive enough to address the issue.
- Provide creative and proactive resolution of control issues relating to significant areas of risk in a manner consistent with corporate goals, strategies, values and leading practices.

Contribute advisory assignments relating to organizational activities, process development/ improvement.

📌 Job opening For Corporate Function Audit & Thematic Audit (Mumbai)
🏢 Axis Bank
📍 Mumbai