Role: Manager – Internal Audit & Quality Assurance (IAQA)
Job Summary
The Manager – Internal Audit & Quality Assurance (IAQA) is responsible for executing internal audit plans, ensuring process adherence, and maintaining high standards of audit quality across assigned branches and functions. The role supports risk identification, compliance monitoring, and implementation of audit frameworks by working closely with zonal and corporate audit teams. The incumbent plays a critical role in strengthening internal controls, improving operational efficiency, and ensuring regulatory compliance.
Key Responsibility Areas
1. Audit Planning & Execution
- Execute audit plans aligned with the approved audit universe and risk framework.
- Support in identifying risk areas and provide inputs for refining audit scope based on business and regulatory changes.
- Conduct branch, functional, and process audits as per defined schedules and guidelines.
- Ensure audits are executed within defined timelines, scope, and audit standards.




- Maintain adherence to Internal Audit Charter and ensure audit independence in all engagements.

2. Branch Audit Management
- Conduct branch audits including routine, snap, and surprise audits across assigned locations.
- Perform HOTO (Handing Over Taking Over) audits during branch transitions.
- Identify control gaps, operational inefficiencies, and potential fraud risks.
- Assist in fraud investigations and incident reviews, ensuring proper documentation and reporting.
- Track and follow up on audit observations and ensure timely closure through ATR (Action Taken Report) mechanisms.
- Maintain audit MIS and provide periodic updates on audit progress and findings.

3. Functional & Process Audits
- Execute functional and process audits as per corporate audit plans.
- Participate in end-to-end audit lifecycle including planning, fieldwork, analysis, and reporting.
- Ensure proper documentation of audit workpapers, risk categorization, and evidence-based findin

📌 Branch Internal Auditor (Pune)
🏢 Muthoot Fincorp
📍 Pune