Audit Executive-SUPPORT SERVICES-Internal Audit

Executing the delivery of the Kotak IAD’s Audit plan for the calendar year.

• To assist the Team Supervisor / Team Lead on assigned audit work of KMBL Businesses & Processes. This will entail working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues & action plans with management and submission of draft report to the Team Supervisor.

• Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the IA systems, to ensure that audit work is carried out with a high standard that meets all methodologies.

• Demonstrate sound knowledge of regulations governing the bank (RBI, IRDA, SEBI, FEMA, FIMMDA, FEDAI, FATCA, NDS-OM, etc.) 

• Conducts reviews to understand end-to-end process, evaluate and highlight key control deficiencies, analyse root cause and discuss / agree with management for effective and timely remediation plans.

• Manage individual workflow to ensure timely report deliveries with quality articulation of audit queries

• Writing high quality audit reports. To embrace and demonstrate effective Audit report writing & presentation skills from E2E perspective (Planning, Execution, Discussion, Clarification, Finalisation, Documentation into system etc.)

• Endeavouring to update awareness of risk issues and changes across relevant business units and use this knowledge to update the audit approach.

• Driving and leading discussions with relevant stakeholders regarding audit observations, consulting with IAD team supervisors / Team Leads.

•         Take into account reputation of Kotak at all times, through positive interactions and adhering to policies, procedures and manuals.

•         Set an example and supports fair and ethical behaviour.

•         Make sure you are equipped to be able to protect our reputation at all times.

•         Challenge others where appropriate, if you believe self to be correct.

•         Endeavour to be part in decision making on a broad range of factors, with Kotak’s values at heart - Always Responsible, Always Accountable.

Personal attributes essential to performing role including competencies, expertise, knowledge, and experience.  Note: experience requirements must not be in the form of years (minimum or otherwise).

Understanding of Banking Business their products and processes.

• Person who can work alone, close audits and manage stakeholders 

• Experience in a BFSI or Finance processes, including audit.

•  Understanding of relevant regulatory environment would be an added advantage.

• Experience in data analytics and/or exposure to data science/machine learning techniques would be an added advantage.