Role Purpose: The role is responsible for managing internal process audit management and analyzing audit findings along with assisting the process and functional audit lead in performing risk assessment for all the processes across the business and supporting functions, Statutory & Regulatory Audits, finance audit , Corporate Card Audits, IFC Audits and to prioritize audit plan in a manner which perks the company.Role Accountability:Devise adequate execution strategy for completion of designated audits within stipulated timeframePerform risk assessment for all the processes across business functions to prioritize audit planTrack changing regulatory and statutory compliance requirements and ensure internal audit framework is updated accordinglyLead the internal financial controls (IFCs) process across allocated audit areas covering all the functions of the companyCreate the risk assessment methodology for IFC function wiseCoordinate with every Senior Management Team of the company for performing the audit under the IFC processClose gaps identified under the IFC standards and ensure final implementation across all functions of the companyLead the Corporate Card Audits Vertical for devising adequate execution strategy for completion of designated audits within stipulated timeframeManage overall audit activities pertaining to areas covered under process auditsEnsure end-to-end timely closure of functional audit reports on AEGIS (in-house audit system)Update Audit Head about developments and progress of auditPrepare final audit presentation for the process and functional Audit Head to be presented to Audit Committee of the BoardEnsure inputs from IFC and other regulatory/statutory audit findings are incorporated in audit plans as and when requiredFollow up to close all the open observations and conduct complete ATR processEnsure quality of audit findings as well as adherence to audit manual/policy/checklists etc.Devise corrective action plan based on mutual discussion with process ownersEnsure adherence to regular process documentation practices in compliance with the process guidelinesMeasures of Success:% of all the audits, follow-up audits, and report issuance completed within specified timeframes during the year / half year / quarterAnalyze audit results to identify and provide to relevant stakeholder early warning indicatorsMonitoring closure of ATR observations as per ACB planNumber of defects/final observations identifiedNegative Comments from Quality Assurance ReviewsTimely and accurate updating of process documentationProcess Adherence as per MOUTechnical Skills / Experience / Certifications:Deep understanding of Credit Card/Financial Services industry, its emerging trends, issues, challenges, key players and leading practicesPossess adequate know-how of processes/internal audit/risk/compliance activitiesCompetencies critical to the role:Analytical abilityProblem-solving skillsVerbal and written communicationResult OrientationQualification: MBA Finance/Qualified CAs, Certified Internal Auditor (CIA), ICWA or Graduate with significant experience in internal AuditPreferred Industry: FSI

📌 Deputy Vice President - Process & Functional Audit (Gurugram)
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📍 Gurugram