Internal Audit Role

Internal Audit Role

- Independently execute Central (Support) Functions audits

- Ensure completion of assigned audits and documentation of work papers on time

- Compliances tracking of issues reported

- Assist in keeping Audit Procedure Manual and checklists current and updated

- Devise audit checklists for use of Internal/Concurrent Auditors and test products along with processes/procedures to foresee pitfall and bottlenecks and ensure these are audited/resolved

- Provide improvement/ suggestions to existing process / systems to line management

- Provide oversight to the Concurrent Audit process

- Ensure oversight of concurrent audit function (submission of reports on time, quality review, regular updation of checklists, etc.)

- Interaction with key business or external stakeholders for regulatory compliances, capital market requirement, dealer control, investment and acquisition, accounting and settlement and etc.

- Demonstrate in-depth knowledge of business risks, processes, and internal controls of the organization

- Ensure quality and consistency of the deliverables

- Co-ordinate with outsourced internal audit firms to accomplish audit deliverables

- Developing automated tests for continuous control monitoring

- Expected to be fully conversant with recent changes in regulations and assessing its impact on the audits undertaken