Key Responsibilities

- Support the Head of India Audit in the effective and efficient delivery of the approved risk-based audit plan for assigned Business and General Audit portfolios.

- Lead and supervise audits and projects across the audit lifecycle, including planning, risk assessment, control evaluation, testing, report drafting, stakeholder discussions and issue follow-up, in accordance with Internal Audit methodology.

- Conduct and oversee continuous monitoring and risk assessments of assigned audit entities to ensure audit coverage remains aligned with the Bank's risk profile and emerging risks.

- Assess the adequacy and effectiveness of governance, risk management and internal control frameworks, and provide independent assurance over the Bank's operations.

- Review audit observations and recommendations to ensure identified issues are appropriately articulated, supported by sufficient evidence and focused on addressing root causes and underlying risks.

- Oversee issue tracking, validation and closure activities to ensure management actions are implemented effectively and in a timely manner.

- Drive the adoption and use of data analytics and technology-enabled auditing techniques to improve audit efficiency, coverage and effectiveness.

- Support Internal Audit operational activities, including management reporting, audit committee reporting, MIS preparation and ad hoc information requests from management and Head Office.

- Ensure the timely and comprehensive completion of Internal Audit-related regulatory and governance activities, including coordinating and tracking submissions of audit reports, regulatory responses and audit materials to regulators, statutory auditors and other stakeholders, as applicable.

- Build and maintain effective working relationships with business, operations, technology and control function stakeholders while maintaining audit independence and objectivity.

- Lead, coach and develop team members through effective supervision, performance management, knowledge sharing and ongoing professional development.

- Contribute to departmental initiatives, process improvements, audit methodology enhancements and strategic projects to improve audit quality and operational effectiveness.

Requirements
- Professional qualification such as CPA, CA, ACCA,



CIA or equivalent from a recognized professional body.

- Minimum 15 years of internal and/or external audit experience within the banking and financial services industry, including significant experience leading complex audits and managing audit teams.

- Strong knowledge of banking products, processes, risk management, internal controls, corporate governance and applicable regulatory requirements.

- Demonstrated experience in risk-based auditing, audit planning, risk assessment, continuous monitoring, issue management and audit quality assurance.

- Proven ability to lead, supervise and review multiple audit engagements, ensuring effective risk coverage, quality deliverables and adherence to audit methodology.

- Proven people leadership experience, including resource planning, team management, goal setting, performance management, coaching, mentoring, talent development and succession planning.

- Solid stakeholder management and influencing skills, with the ability to engage effectively with senior management, regulators, Head Office stakeholders and external auditors while maintaining audit independence and objectivity.

- Ability to identify emerging risks, challenge management constructively and provide practical, value-added recommendations to strengthen governance, risk management and internal controls.

- Experience in driving continuous improvement initiatives, audit transformation efforts and the adoption of data analytics and technology-enabled auditing techniques.

- Strong project management, planning and organizational skills, with the ability to manage competing priorities and deliver results in a dynamic environment.

- Excellent verbal and written communication skills, including the ability to prepare high-quality audit reports, executive presentations, Audit Committee materials and regulatory submissions.

- Proficient in spoken and written English.

- Highly motivated and collaborative individual with strong professional judgement,



integrity and the ability to work effectively in a multicultural and matrix environment.

Profile description

Requirements

- Professional qualification such as CPA, CA, ACCA, CIA or equivalent from a recognized professional body.

- Minimum 15 years of internal and/or external audit experience within the banking and financial services industry, including significant experience leading complex audits and managing audit teams.

- Strong knowledge of banking products, processes, risk management, internal controls, corporate governance and applicable regulatory requirements.

- Demonstrated experience in risk-based auditing, audit planning, risk assessment, continuous monitoring, issue management and audit quality assurance.

- Proven ability to lead, supervise and review multiple audit engagements, ensuring effective risk coverage, quality deliverables and adherence to audit methodology.

- Proven people leadership experience, including resource planning, team management, goal setting, performance management, coaching, mentoring, talent development and succession planning.

- Strong stakeholder management and influencing skills, with the ability to engage effectively with senior management, regulators, Head Office stakeholders and external auditors while maintaining audit independence and objectivity.

- Ability to identify emerging risks, challenge management constructively and provide practical, value-added recommendations to strengthen governance, risk management and internal controls.

- Experience in driving continuous improvement initiatives, audit transformation efforts and the adoption of data analytics and technology-enabled auditing techniques.

- Strong project management, planning and organizational skills, with the ability to manage competing priorities and deliver results in a dynamic workplace.

- Excellent verbal and written communication skills, including the ability to prepare high-quality audit reports, executive presentations, Audit Committee materials and regulatory submissions.

- Proficient in spoken and written English.

- Highly motivated and collaborative individual with strong professional judgement, integrity and the ability to work effectively in a multicultural and matrix environment.

📌 Director (Internal Audit)- Business Audit Lead (Mumbai)
🏢 SMBC Group
📍 Mumbai