Director (Internal Audit)- Business Audit Lead

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. 

• 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 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.