Internal Audit Manager

Job Description:

We are seeking a highly skilled and experienced Internal Audit Manager to join our team in Thiruvananthapuram, Kerala, India. The ideal candidate will have a minimum of 5 years of experience in internal auditing, with a strong background in the BFSI (Banking, Financial Services, and Insurance) sector.

You will be responsible for managing and executing comprehensive internal audits to assess the effectiveness of our risk management, governance, and internal control processes.

Key Responsibilities:

Audit Planning and Execution:

- Develop and implement a risk-based annual audit plan.

- Manage the full audit cycle, including risk assessment, planning, fieldwork, reporting, and follow-up.

- Ensure all audits are conducted in compliance with established standards (e.g., IIA standards) and company policies.

Team Leadership:

- Lead, mentor, and supervise a team of internal auditors.

- Provide guidance and training to team members to enhance their skills and ensure the quality of their work.

Risk and Control Assessment:

- Evaluate the adequacy and effectiveness of internal controls and governance processes within various business units.

- Identify key risks and recommend practical solutions to mitigate them.

Report Generation:

- Prepare and present clear, concise, and objective audit reports to senior management and the audit committee.

- Communicate audit findings, risks, and recommendations effectively.

Stakeholder Management:

- Collaborate with various business units, including finance, operations, compliance, and IT, to understand their processes and facilitate the audit process.

- Build and maintain strong working relationships with key stakeholders.

- Follow-up and Monitoring: Monitor the implementation of corrective actions and follow up on all open audit issues to ensure timely and effective remediation.

Regulatory Compliance:

- Stay updated on relevant BFSI regulations, industry trends, and best practices.

- Ensure that the company's internal audit processes are in line with regulatory requirements.

Process Improvement:

- Proactively identify opportunities for process and control improvements. Contribute to the continuous enhancement of the internal audit function.

Qualifications & Skills:

Education: Bachelor's degree in Accounting, Finance, Commerce, or a related field. A professional certification such as CA, CPA, CIA, or CISA is highly preferred.

Experience: A minimum of 5 years of experience in internal audit, with a significant portion of that time spent in the BFSI sector.

Knowledge: Deep understanding of internal auditing standards, risk management principles, and internal control frameworks (e.g., COSO). Strong knowledge of financial products, services, and operational processes within the BFSI industry.

Technical Skills: Proficiency in using audit management software and data analysis tools (e.g., ACL, Excel, Tableau) is a plus.

Soft Skills:

Leadership: Proven ability to lead and motivate a team.

Communication: Excellent verbal and written communication skills, with the ability to present complex information clearly and persuasively.

Analytical: Strong analytical and problem-solving abilities.

Integrity: High level of professionalism, integrity, and ethical conduct.

Location: Thiruvananthapuram, Kerala, India