Audit helps the Board and Executive Management meet the strategic and operational objectives of the DBS Group. We conduct independent checks to ensure that the Groups risk and control processes are adequate and effective. All our team members are highly sought-after professionals who work as trusted advisors to our clients, in all matters related to a companys internal controls.
Support Segment HeadAudit in providing the Audit Committee, the Board of Directors and Senior Management an objective and independent quality timely assurance on the adequacy and effectiveness of risk management and internal controls within DBIL (particularly Consumer Banking business and control Corporate functions).
Assisting the Segment HeadBusiness Audit in development of the Audit strategy and audit plan for Consumer Banking business and control Corporate functions
Execute the audit plan and audit engagements as and when assigned, in accordance with the Departmental, ICAI and IIA standardsAssisting the Segment Head, Business Audit for various audit related reportingJob Duties responsibilities
Audit Plan execution Conduct the continuous risk assessment (minimum annual), develop and manage the audit planSupport Segment HeadBusiness Audit in the development and maintenance of the audit strategy and plan for Treasury Markets BUManage and execute the audit plan and audit engagements as and when assigned, in accordance with Departmental, ICAI and IIA standards. Provide overall supervision to audit team in execution of audit engagements including approving the audit planning, risk matrices and testing strategy.Evaluate the adequacy and effectiveness of internal controls design and Identify gaps from the review of business processesAnalyse and Validate the red flags and exceptions generated from Trading Analytics Tool or Scripts as part of Continuous AuditingActively contribute to Audits Vision and Mission (including Future of Audit initiatives) through proactive, agile and continuous auditing by embracing digital and data-driven mindset and by driving/executing the audit automation initiativesConduct on-going (continuous) monitoring auditing of DBILs businesses by applying business, industry and market insights to identify any emerging risksRelationship Management Manage maintain key stakeholder relationships including middle level management of the Business Units (BU) / Support Units (SU) as well as external relationshipsPromote Internal Audits role as a Trusted Advisor / Learning Facilitator / Boundary Spanner to the BU/SU in control mattersRaise issues/concerns and Provide constructive advice to stakeholders so that the significant risk and control issues are escalated and resolved properlyBuild and maintain industry connect with Internal audit professionals to bring in insights on emerging risks/controls and cutting-edge internal audit practicesSubject matter expertise Provide subject matter expertise in the subject areas (particularly Consumer Banking business and control Corporate functions)Actively advise and promptly apprise LAH / SVPAudit and Functional Audit Head (FAH) / Deputy FAH of all major risk, control and regulatory issues arising during the audits, identified during Continuous monitoring and/or Continuous auditing, and, through regular contact with the BU/SU management.Support Segment HeadBusiness Audit in reviewing the new products / services initiatives (particularly Consumer Banking business and control Corporate functions) from risk control perspectiveAscertain that major concerns and recommendations raised by internal and external auditors and regulators are resolved by the BU/SU promptly and adequatelySupport Segment HeadBusiness Audit in the periodic management reporting for the BU/SUProvide concise audit findings, Present audit reports on a timely basis, and Deliver the audits to completion within established timelines.Required Experience Min 6-8 years experience in Retail Banking AuditExpected to understand the Internal Audit standards and the general audit practicesEducation / Preferred Qualifications
MBA / Chartered Accountant with 6-8 years post-qualification experience.Other qualifications/certificationsFRM, CFA, CIA, CISA, Treasury / Data Analytics related certifications etc. would be added advantageCore Competencies
Risk and control mindsetExcellent Data analytical skillsAttention to detailExcellent verbal and written communication, Inter-personal, negotiation and presentation skillsSelf-motivated individual with ability to excel under tight deadlinesHigh degree of professional ethics and integrityInnovative and Creative mindset and the ability to challenge the status quoTechnical Competencies
Sound Audit accounting skillsKnowledge of Indian Audit Accounting regulations as well as IIA StandardsStrong knowledge of Indian regulations and Products/Processes relating to Retail Banking and Corporate FunctionsWork Relationship
All business and support functions in India including Consumer Banking and Corporate and Control Functions