Job Title: Audit-Sr. Unit Head-Subsidiaries Audit
Business Unit (PA): Audit
Job Purpose
To manage internal audit of Subsidiaries audits to ensure compliance in the functioning
Key Responsibility Areas
Actionable
Audit life cycle monitoring
·Identify key areas for audit based on risk assessment, regulatory requirements, and internal control frameworks.
·Review audit procedures, Risk Control Matrix (RCM), standard audit report template and audit scoring module for the assigned audit areas.
·Review allocation of audits based on expertise and mandays available.
·Ensure achievement of audit calendar within the stipulated timelines and adherence to timelines for report release.
·Review of audit scope and quality of audit (including sampling process).
·Review risk grading and opinion formation
Audit reporting
·Prepare comprehensive audit reports highlighting the findings, risks, their potential impact and recommend appropriate actions to address the identified issues.
·Audit finalisation, discussion & closure (including visits to subsidiaries)




·Present audit findings and recommendations to Senior Management, Regional Head-Internal Audit, Head-Internal Audit.
·Handle Regulatory Inspection / Regulatory requirements / ACB reporting and Investigations
Audit compliance
·Monitor the progress on remediation of audit observations and recommendations by the auditee management.
·Evaluate the effectiveness of controls implemented towards the resolution of audit issues.
Team management
·Ensure resource planning and talent development.
·Supervise and mentor audit staff, provide guidance / assist in the career development of junior staff.
·Monitoring team performance, providing constructive feedback, and identifying areas for improvement

Educational Qualifications
Key Skills
·Chartered Accountant (CA)
·MBA (Finance)
·Commerce Graduate / CIA
·Domain knowledge – Knowledge of bank audit / audits of financial sector
·Audit expertise – A strong background in auditing principles, pract

📌 Audit-Sr. Unit Head-Subsidiaries Audit (Mumbai)
🏢 HDFC Bank
📍 Mumbai