KRA2.1 Determining audit scope, planning, conducting and timely completion of audits

a. Conduct Offsite risk assessment, determining internal audit scope, formulate risk based audit plan, - 5
b. Scheduling audit, and allotment of engagements, ensure commencement of audit on time and complete all audits within the TAT. -152.2 Timely release of Audit reports with quality, compliance & Closure of reports

a. Ensure furnishing of error-free reports by audit teams within TAT. -10
b. Follow up for compliance and closure of reports within TAT. -10
c. Furnish extract of critical irregularities to Top Management (MD) /ACB in time- 10.3.1 Improvement through Innovation

a. To implement audit tool before September 2022 - 10.
b. To devise and design changes/innovations for improving the audit function at departmental/bank level. -10
b. Updating of checklists and SOPs - 53.2 Process improvement in other areas and support rendered to other verticals IAD:

a.



To devise and suggest improvements in Banking operations/prevailing processes addressing the control gaps and suggest ways for risk mitigation;
b. To identify fraud indicators and suggest suitable measures/controls for containing/mitigating the fraud risk.
c. Facilitate / conduct investigation [offsite / onsite] relating to frauds, complaints of serious nature that may contribute to reputational risks. Such investigations should be completed and report submitted within 7 working days to MD from the date of allotment (i.e within 6 working days to HIAD).
d. Support rendered to other verticals of IAD.4.1 Learning and growth:

a. Acquiring of professional certifications / qualifications relevent to the role performed.
b. Imparting training to the team (For e.g., to develop analytical, functional and qualified skills associated with auditing) At least 5 full days training to each auditor during the year
10.0% of total score

📌 Auditor (Nagpur)
🏢 equitas small finance bank
📍 Nagpur