Team Head - Support Function Audit / Fraud Risk Assessment

Job Purpose:

Carry out audit & fraud risk assessment of various support functions, viz., Administration department, Infrastructure department, Vendor management and frauds reported by various departments

Job Responsibilities

Actionables

Carry out audit & fraud risk assessment of various support functions

Review / audit of control framework of support functions, viz., administration, infrastructure, vendor management

Carrying out focussed / thematic reviews basis triggers from compliance / regulators / internal risk assessment

Carry out fraud risk assessment for support functions and highlight fraud prone areas / practices

Identifying areas of concerns / concerning trends in auditee units

Audit finalization, discussion and closure

Ensuring timely submission / release of audit reports

Prepare a detailed audit report with findings, recommendations, and action plans & discuss the same with auditee.

Track & ensure compliance to findings and / or issues highlighted as a part of the audit reports

Ensuring that critical issues / gaps are escalated to the Zonal Head in a timely manner

Preparation of notes to Board / Audit Committee of the Board

Carrying out any other assignment as allocated by ZH /RH

Classification - Internal

Educational Qualifications

Key Skills

Bachelor's degree in computer science, information technology, or a related field

Effective Communication and drafting skills

Analytical ability

Knowledge of MS Word, Excel is mandatory

Knowledge of carrying out UATs and audit of UATs

Knowledge of customer onboarding / customer instruction handling processes

Research oriented approach / mindset for root-cause analysis of the problems / issues identified.

Experience with UAT best practices and methodologies is a plus

Ability to work independently and as part of a team

Capable of documenting the audit observations effectively, communicating with the auditee in order to bring about corrective action.

Keen attention to detail, self-motivated and inquisitive to learn new areas.

Capability to multi-task & adaptability

Experience Required

Experience in handling / audit of support functions, viz., administration, infrastructure, vendor management

Experience in carrying out Fraud Risk Assessment (FRA)

Experience of 8-10 years

Major Stakeholders:

All support functions