Senior Internal Auditor

Company Description

Our client is a Leading European bank with presence in 19 countries. They offer special Corporate Banking products to clients through their unmatched and trusted expertise. They are expanding in India and have their office in the heart of New Delhi.

Role Description

Brief - This is a full-time on-site role for a Senior Internal Auditor. The Senior Internal Auditor will be responsible for conducting risk assessments, developing audit plans, performing audits, and preparing audit reports. The Senior Internal Auditor will also be responsible for identifying areas of improvement and making recommendations to management.

1. Provides critical review and assessment of the Branchs control environment while considering operational efficiency and/or compliance with laws and regulations of bank branches by review of records for purposes of recognizing inefficiencies and making recommendations for improvements.
2. Recommends scope of audit for specific functions, development of audit programs with the purpose of demonstrating an understanding of relevant risks and controls and establishing effective test of controls.
3. Prepares high quality work paper documentation to support audit work with evidence of deficiencies in controls, fraud, or lack of compliance with laws, regulations, and managements policies and procedures. Work paper documentation must comply with industry standards.
4. Preparation of periodic audit reports while providing management with recommendations for improvement of controls, revisions to policy and/or procedures when appropriate.
5. Review the effectiveness of the Concurrent Audit system as well as the performance of the concurrent auditors on a regular basis and suggest necessary actions to suitably strengthen the system; develop and maintain a reporting system for concurrent auditors

Must Have Qualifications

• CA professional qualification is a must
• 10+ years previous banks internal audit experience (regulatory requirement)

Knowledge & Technical Skills:

1. Knowledge of BASEL III standard and guidelines.
2. Good understanding of bank operating and accounting principles, and data analytical techniques preferred.
3. Good understanding of banks internal controls and demonstrated ability to evaluate and determine the adequacy of controls by considering regulatory and business risks.
4. Applies process analysis, business intelligence and problem-solving techniques.
5. Strong written and verbal skills and demonstrated ability to present complex issues to management.
6. Proficient in computer usage with ability to prepare spreadsheets and management reports utilizing bank software system.
7. Ability to manage multiple tasks concurrently in an efficient manner with minimal supervision.
8. Good communication and interpersonal skills