Internal Auditor:Audit & Process_AFL

Role description Job Requisition Date Department Internal Audit Designation / Position Sr. Manager/ AVP/ Manager / DM No. of Openings Years of Experience 5+ years Educational Qualification CA Inter, CA, CMA,ICWA Reporting to VP-Internal Audit Location Mumbai Team handling/ IC IC Specialized Competency / Skill (Should be well versed with Should have following function knowledge of) · Should have experience of effectively building relationships with process owners in a positive and proactive manner · Should be well -versed with framing and conducting Risk Based Internal Audit Plan Should have worked with NBFCs/Banks and have knowledge Regulatory guidelines and other functional areas · Should have experience and willingness to quickly gain knowledge of changing business and system · Should be aware of IFC guidelines as per Companies Act and ICAI · Risk Based Internal Audits · IFC/SOX at NBFCs/Banks Job Profile / Responsibilities Audit Conducting process level audits and having knowledge of Wholesale / Retail (Credit and Operations) along with some of the other functional areas (Risk, Compliance, Treasury, HR, Accounts) Maintaining adequate work papers and documentation along with adherence to Internal Audit policies and Regulatory guidelines Drafting of Audit reports and suggesting suitable recommendations to address the process level observations. Holding effective discussion with senior level management for agreement with findings and closure of observations with adequate management responses Follow-up of open observations within timelines to ensure closure of observations as per agreed plan Assisting the HIA in preparing Risk Based Internal Audit plan and completing assigned audits as per plan IFC Preparing Risk Control Matrix (RCM) for business processes and conduct of walk throughs with process owners and controls testing. Suggesting process improvements areas and taking up with business process owners to update SOP and process flow charts. Identifying potential financial reporting risks(FRR) across processes along with design and implementation gaps. Taking up with process owners to implement the suggested process improvements and involve in continuous testing of processes to identify any material weaknesses in the internal controls in rocsystem/pesses Periodic testing of loan softwares for system and process gaps. About Axis Finance Limited Axis Finance Limited (AFL) is a Non • Banking Financial Company (NBFC) which provides Wholesale and Retail lending solutions to Corporate and Retail customers respectively across geographies and businesses. As a wholly owned direct subsidiary of Axis Bank, Axis Finance Limited endeavors to offer complementary financial solutions to its customers who have unique financing requirements. Our portfolio of products on the retail side include Loan Against Debt Mutual Funds & Bonds and Loan Against Property. In the Wholesale lending space, we cater to Special Situations Funding, Structured and Mezzanine Financing and Real-Estate Financing requirements of Corporates.