Job Role: Unit Head-COE & Audit Strategy

Location: Corporate Office (Sandoz House - Worli)

Job Function: Internal Audit Team: Centre of Excellence & Audit Strategy PURPOSE OF THE JOB

Assist Head-COE in supervising the Internal Audit function

Implement and monitor various central level activities for the internal audit function to ensure accurate regulatory, Audit Committee and management reporting.

Collaborate with Regional/Zonal audit heads including internal and external stakeholders to ensure high-quality audit function.

Value additions by suggesting areas of development / improvement / automation.

KEY RESPONSIBILITIES

Audit Committee reporting

Preparation / review of notes to the Board and Audit committee along with presentation under guidance of Head-COE

Liaison with Secretarial for submission of notes to the Board and Audit Committee Planning and Budgeting:

Conduct Risk Assessment across Businesses (for the purpose of Audit planning) by collaborating with audit Reginal/Zonal heads and external stakeholders, as required

Review of manpower budgeting and risk categorization of branches / units on an annual basis and suggest areas of development / improvement, if any

Review of Audit Policy / Audit Plan / Audit Manual as per frequency

Review of quarterly agile risk assessment

Assist GH in review of promotions and appraisals during the year Regulatory submissions:

Liaison with Compliance for RBI Inspection indent/ Statutory auditor/ RBI Inspection indent/ US GAAP auditor indent/ External review indent collation & reporting etc.





Timely and accurate submission of information to statutory auditors /RBI inspectors/SOX auditors, including liaising the auditors under guidance from Head-COE

Collate data for RBS Tranches, RBI inspections, external auditors, and other regulatory submissions.

Monitoring Certifications by GH – IAD and ensuring timely submission Monitoring:

Monitoring Audit Plan vs Actual (Audit lifecycle monitoring)

Review and monitoring of Open audit observations

Ensuring the preparation/review and monitoring the quarterly audit calendar and annual audit plan/manual via Servicenow system Collaborative activities:

Effective and timely collaboration with internal and external stakeholders for regulatory and management reporting

Build a robust and effective team by providing necessary training and create bench strength

Keeping abreast of industry standards and regulatory guidelines / regulation and dissemination within the team

Ensure system implementation and timely change management Educational Qualifications

Graduate/MBA Key Skills An analytical bent of mind, meticulous, detailed research-oriented approach for root-cause analysis of the problems/issues identified A problem-solving approach to add value/guidance/support to business/functions to bring operational efficiency/maximize resource utilization

Excellent command on MS office especially Advanced MS Excel and Power Point

Knowledge of related areas of operations/RBI guidelines on banking operations would be preferred

Experience Required

10-15 years’ experience in related field Major Stakeholders

Staff of various departments including staffs within the department

📌 Unit Head-COE & Audit Strategy (Mumbai)
🏢 HDFC Bank
📍 Mumbai