Company Description – One of India’s top NBFCs
Role Summary – Purpose of this role is to develop and manage execution of the Strategy and Plan for Offsite Audits and Continuous Control Monitoring (CCM) covering all areas including credit, corporate functions, risk management and control functions, information systems, technology and security across lines of business, customer segments, products and channels to assess adequacy and effectiveness of risk management and controls, and adherence to internal policies and procedures as well as applicable laws and regulations, and provide continuous independent and objective assurance through use of advanced integrated auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives
Responsibilites – Development of Audit Strategy and Plan
Develop strategies for Offsite Audits and CCM to identify and assess key risks (regulatory, reputational, IT and security, financial, fraud, operational) across company’s diverse business lines, customer segments, products, and channels, considering the scale, complexity, and current control maturity.
Develop Offsite Audit and CCM plans based on risk assessment and regulatory framework covering ; Ensure use of advanced integrated auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives
Develop specialised audit team for execution of complex and specialised Offsite Audit and CCM reviews and checks covering all areas including business, operations, corporate functions, risk management and control functions, information systems, technology and security across lines of business, customer segments, products and channels in the company.
Develop and drive strategies for efficiency in audit through use of technology [including Artificial Intelligence/ Machine Learning (AI/ML)] and establish continuous control monitoring framework
Execution of Audit Strategy and Plan
Continuous Monitoring
Communication and Stakeholder Engagement
People Management
Location – Thane
Industry – Insurance
Employment Type – Full Time
Work Mode – Wrok From Office
Functions – Offsite Audit
Level – AVP
Experience – AVP