Role & responsibilities

Development of Audit Strategy and Plan

- Develop audit strategies for identification and assessment of various risks in corporate, risk management and control functions including Compliance risk, Legal risk, Fraud risk, Operational risk, Third party risk/Outsourcing risk, Liquidity risk, Financial risk, People risk, Reputational risk etc., and current maturity level of controls in these functions.
- Develop audit plans based on risk assessment and regulatory framework; ensure use of advanced integrated auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives
- Develop specialised audit team for timely and quality execution of complex and specialised audit reviews covering all the key areas of corporate functions including risk management functions and control functions

Execution of Audit Strategy and Plan

- Effective management and execution of the audit plan in accordance with the Policies, Procedures, Legal and Regulatory requirements, Internal Audit Standards, and leading best practices for proactive identification and remediation of various risks including Compliance risk, Legal risk, Fraud risk, Operational risk, Third party risk/Outsourcing risk, Liquidity risk, Financial risk, People risk, Reputational risk etc.
- Conduct functional audits (including corporate, risk management and control functions) and concurrent audits testing ~5000+ controls across functions in accordance with the Policies, Procedures, Legal and Regulatory requirements,



Internal Audit Standards, and leading best practices
- Conduct risk-based, thematic and specialised audit reviews to assess the adequacy and effectiveness of the risk management and controls covering various key activities and areas such as legal and compliance risk management, fraud risk management, operational risk management, third party risk/outsourcing risk management, vendor payments, general ledger and accounting controls, regulatory reporting, employee onboarding and payroll management, operations and customer service, complaints management, procurement and facilities management etc.
- Conduct review of application controls (automated business process controls) in the applications used by corporate, risk management and control functions and management information systems to assess adequacy and effectiveness of the controls

Continuous Monitoring

- Develop strategies for identification of triggers / risk hotspots and conduct unplanned reviews / investigations based on various triggers/ hot spots, directives received from regulators, board committees and senior management

Communication and Stakeholder Engagement

People Management

- Develop specialised audit team for execution of complex and specialised audit reviews covering risk management and controls across various risks including Compliance risk, Legal risk, Fraud risk, Operational risk, Third party risk/Outsourcing risk, Financial risk, People risk, Reputational risk etc.

Preferred candidate profile

📌 Vertical Head - Internal Audit (Mumbai)
🏢 Forward
📍 Mumbai