Audit Strategy & Execution:
- Responsible for SMBC India Division audit-related matters, coordinate pre-consultations / approvals by IADAP for appointment of internal audit key personnel, updates to local audit policies, methodologies, and ensuring timely reporting and escalation of significant issues to senior management.
- Develop and organise the internal audit plan for SMBC India Division, ensuring alignment with SMBC India Division objectives, SMBC internal audit framework and local regulatory standards.
- Supervise risk-based audits covering governance, risk management, compliance, and operational controls, to ensure delivery of requirements as mandated by IADAP management and provide independent assurance on the effectiveness of internal controls, risk management, and governance processes.
- Monitor and evaluate the implementation of audit recommendations and remediation actions by stakeholder management.
Regulatory Compliance & Governance:
- Respond to RBI on internal audit related matters, support regulatory inspection process, oversee audit attestation for regulatory submissions, as well as remediation of regulatory findings raised toward internal audit.
- Monitor changes in local regulatory requirements and adapt audit strategies accordingly, to ensure compliance with RBI regulations, local laws, and SMBC internal audit standards.
Stakeholder Management:
- Collaborate with SMBC India Division senior management and key business stakeholders to present audit findings, recommendations and audit status updates.
- Keep a continuous eye on the SMBC India Division risk landscape and promote a culture of control awareness and risk management across SMBC India branches / business units.
Team Leadership & Development:
- Mentor and develop a team of high performing internal auditors in SMBC India Division, fostering a culture of excellence and ensuring continuous professional development.
Requirements
- Bachelor or Master degree in Accounting, Finance, Business, or a related field. Certification in internal auditing (e.g., CIA), Chartered Accountant (CA) or equivalent is preferred.
- Minimum of 1215 years of experience of internal audit within financial institutions is required. Candidates should have expertise in both corporate and and retail banking products.
- Experience in leading audits in a complex, multi-branch environment.
- Strong analytical, communication, and stakeholder management skills.
- Ability to work in a dynamic regulatory environment with evolving compliance requirements.
- Experience in data analytics and technology-driven audits is a plus.
