To manage execution of continuous controls monitoring and exception surveillance programs through analytics-driven reviews, alert assessment, and risk triaging to identify fraud indicators, compliance breaches, KYC exceptions, operational control failures, and emerging risks.

Job Responsibilities

Actionables

Continuous Controls Monitoring

- Execute the Continuous Controls Monitoring framework across assigned audit portfolios.
- Develop and refine monitoring scenarios, risk indicators, exception rules, and surveillance parameters.
- Monitor effectiveness of controls through data-driven reviews and risk-based exception analysis.
- Recommend enhancements to monitoring logic and coverage based on emerging risk trends.

Offsite Audits & Exception Monitoring
- Lead offsite reviews of branches, departments, products, and processes using predefined risk indicators and exception triggers.
- Identify unusual transactions, policy deviations, control breakdowns, operational irregularities, and emerging risk patterns.
- Investigate significant exceptions and perform root-cause analysis.
- Escalate material exceptions and high-risk concerns to audit leadership.
- Manage monitoring models and alert inventories.
- Review alert quality and false-positive trends.
- Prioritize alerts based on risk severity.
- Perform root-cause analysis of significant exceptions.
- Recommend creation of new monitoring scenarios.
- Convert alert outputs into thematic reviews and investigations.

Analytics & Risk Intelligence
- Analyse large datasets to identify trends, anomalies, concentrations, and control weaknesses.
- Develop dashboards, MIS reports, risk heatmaps, and exception reporting mechanisms.
- Generate risk intelligence inputs for thematic reviews, audit planning, and special investigations.
- Support adoption of advanced analytics and automation techniques within Internal Audit.

Thematic Reviews
- Lead thematic reviews arising from CCM outputs, recurring exceptions, audit observations, complaints, incidents, and loss events.
- Identify systemic issues and emerging control weaknesses across functions and geographies.
- Recommend sustainable corrective actions and control improvements.
- Present thematic insights and trends to audit leadership.

Stakeholder Management
- Engage with Business, Operations, Risk Management, Compliance, Finance, and Technology teams regarding identified exceptions and remediation actions.




- Provide independent challenge on control effectiveness and risk mitigation measures.
- Support governance forums through exception reporting and risk insights.

Team Leadership & Quality Assurance
- Supervise analytics and monitoring team members.
- Review exception analyses, thematic review outputs, and monitoring reports.
- Ensure consistency, accuracy, and quality of monitoring activities.
- Build team capability in analytics, CCM techniques, and risk assessment methodologies.

Job Purpose: To manage execution of continuous controls monitoring and exception surveillance programs through analytics-driven reviews, alert assessment, and risk triaging to identify fraud indicators, compliance breaches, KYC exceptions, operational control failures, and emerging risks.

Job Responsibilities

Actionables

Continuous Controls Monitoring

- Execute the Continuous Controls Monitoring framework across assigned audit portfolios.
- Develop and refine monitoring scenarios, risk indicators, exception rules, and surveillance parameters.
- Monitor effectiveness of controls through data-driven reviews and risk-based exception analysis.
- Recommend enhancements to monitoring logic and coverage based on emerging risk trends.

Offsite Audits & Exception Monitoring
- Lead offsite reviews of branches, departments, products, and processes using predefined risk indicators and exception triggers.
- Identify unusual transactions, policy deviations, control breakdowns, operational irregularities, and emerging risk patterns.
- Investigate significant exceptions and perform root-cause analysis.
- Escalate material exceptions and high-risk concerns to audit leadership.
- Manage monitoring models and alert inventories.
- Review alert quality and false-positive trends.
- Prioritize alerts based on risk severity.
- Perform root-cause analysis of significant exceptions.
- Recommend creation of new monitoring scenarios.
- Convert alert outputs into thematic reviews and investigations.

Analytics & Risk Intelligence
- Analyse large datasets to identify trends, anomalies, concentrations,



and control weaknesses.
- Develop dashboards, MIS reports, risk heatmaps, and exception reporting mechanisms.
- Generate risk intelligence inputs for thematic reviews, audit planning, and special investigations.
- Support adoption of advanced analytics and automation techniques within Internal Audit.

Thematic Reviews
- Lead thematic reviews arising from CCM outputs, recurring exceptions, audit observations, complaints, incidents, and loss events.
- Identify systemic issues and emerging control weaknesses across functions and geographies.
- Recommend sustainable corrective actions and control improvements.
- Present thematic insights and trends to audit leadership.

Stakeholder Management
- Engage with Business, Operations, Risk Management, Compliance, Finance, and Technology teams regarding identified exceptions and remediation actions.
- Provide independent challenge on control effectiveness and risk mitigation measures.
- Support governance forums through exception reporting and risk insights.

Team Leadership & Quality Assurance
- Supervise analytics and monitoring team members.
- Review exception analyses, thematic review outputs, and monitoring reports.
- Ensure consistency, accuracy, and quality of monitoring activities.
- Build team capability in analytics, CCM techniques, and risk assessment methodologies.

Key Skills

Technical Skills

- Continuous Controls Monitoring
- Data Analytics & Exception Management
- Fraud & Conduct Risk Analytics
- Regulatory & KYC Risk Monitoring
- Dashboarding & Risk Intelligence

Behavioural Skills

- Stakeholder Management
- People Leadership
- Analytical Thinking
- Professional Skepticism
- Communication & Influencing Skills

Preferred Educational Expertise : CRMA / Certified Data Analytics / Business Intelligence certifications

Certifications in Risk Management, Audit Analytics, Fraud Risk Management

Need experience in Internal Audit, Risk Management, Analytics, Compliance, Fraud Risk Management, Financial Controls, or related assurance functions within a bank or financial institution.

- Minimum 35 years of experience leading audit engagements, monitoring teams, analytics functions, or risk reviews.
- Solid exposure to data analytics, continuous monitoring, exception management, risk assessment, or audit automation.

Experience in thematic reviews and stakeholder management preferred.

📌 Zonal Head Internal Audit O Continuous Controls Monitoring (Mumbai)
🏢 HDFC Bank
📍 Mumbai