Internal Audit Quality Assurance

Key Responsibilities

1. Quality Assurance & Compliance

• Lead execution of the Internal Audit Quality Assurance and Improvement Program (QAIP).
• Perform independent file reviews of audit engagements across business units.
• Assess compliance with:
• IIA Global Internal Audit Standards
• Regulatory expectations (e.g., PRA, FCA, SEC where applicable)
• Barclays Internal Audit methodology
• Identify thematic findings and root causes from QA reviews.

2. Continuous Improvement

• Develop and enhance audit methodology, tools, and templates.
• Drive standardization and best practices across audit teams.
• Track remediation of QA findings and validate closure.
• Prepare dashboards and reporting for senior audit leadership.

3. Regulatory & External Reviews

• Support external quality assessments (EQA) conducted periodically.
• Liaise with regulators and external reviewers during inspections.
• Ensure readiness for regulatory reviews and thematic assessments.

4. Stakeholder Management

• Partner with Audit Directors and Managing Directors to improve audit quality.
• Provide coaching and feedback to audit teams.
• Present QA outcomes to senior Internal Audit leadership and governance forums.

5. Reporting & Governance

• Produce periodic QA reports for:
• Head of Internal Audit
• Audit Committee
• Senior Management
• Provide data-driven insights on audit performance metrics.

Required Qualifications & Experience

• Bachelors degree in Finance, Accounting, Risk, or related field.
• Professional certifications preferred:
• CIA (Certified Internal Auditor)
• CPA / ACCA / CISA
• 812+ years of experience in:
• Internal Audit (preferably in banking/financial services)
• Audit Quality Assurance or Methodology
• Risk & Control environment
• Strong knowledge of:
• IIA Standards
• Banking regulations
• Risk management frameworks
• Governance & control frameworks

Key Skills & Competencies

• Deep understanding of internal audit lifecycle
• Strong analytical and critical thinking skills
• Ability to challenge constructively and independently
• Excellent stakeholder management
• Strong written and verbal communication
• Data analytics proficiency (preferred)

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• High ethical standards and professional skepticism

Leadership Expectations (VP Level)

• Demonstrates strong risk mindset
• Drives accountability and ownership
• Promotes a culture of quality and continuous improvement
• Influences without direct authority
• Operates effectively in a matrix organization

Performance Metrics

• % audits rated compliant with methodology
• Timely closure of QA findings
• Regulatory inspection outcomes
• Stakeholder feedback scores
• Reduction in recurring audit quality issues

If youd like, I can also provide:

• A short recruiter-friendly version
• A resume-aligned JD for interview prep
• Competency-based interview questions
• Or a Director-level version for comparison

Open for chennai also