Assistant Vice President Internal Audit

About This Job
Bharat Financial Inclusion Limited (100% subsidiary of IndusInd Bank Ltd.)
Location: Hyderabad, Telangana, India
Work Mode: On-site
Industry: Banking
Summary
Job Description
The Incumbent is responsible for planning, conducting, and completing audits of the MFI portfolio, ensuring timely reporting and high audit quality. The role also coordinates with Field Audit and senior management teams to finalize monthly audit reports and oversee compliance, internal controls, and system effectiveness.
Roles & Responsibilities
Coordinate with field team, HO IA team and stakeholders to conclude audit findings and ensure to communicate audit findings to stakeholders in a timely manner; obtain response on audit issues from stakeholders within agreed timelines.Perform analysis to arrive at high-risk branches/areas where more focus required and timely communicate to the reporting manager on the ‘outcome’ of such analysisEnsure to do audit follow-up action on open audit points till closureEnsure timely escalation and reporting of critical audit findings to the reporting managers.Responsible for doing quality check of the audit reports before issuanceCoordinate and build relationships with the other departments to complete the assigned tasks in an effective and efficient manner.Conducting one or two branch audits once a yearSupport continuous improvement initiatives within the Internal Audit function by identifying emerging risks, process enhancements, and best practices across the organization.Resolve team issues, resource constraints, and operational challenges through timely intervention and effective decision-making.
Education & Experience
B Com Graduate or equivalent.Minimum 15 to 20 yearsof work experience in Internal Audit in the Banking & Financial sectorMinimum 5 years of Audit Experience especially in Micro Finance Loans.

Work arrangement
No