Senior Manager - Assurance Audit and Audit Planning

Senior Manager - Assurance Audit & Audit Planning

About Us

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s in it for YOU

1. SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
2. Admirable work deserves to be rewarded.We have a well curated bouquet of rewards and recognition program for the employees
3. Dynamic, Inclusive and Diverse team culture 
4. Gender Neutral Policy
5. Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
6. Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose 

The role will be responsible to manage the areas of Assurance Audit as per mandate of RBI Policy, Regulatory & Statutory Audit Coordination, Updating & enablement of IA Processes & Policies and carrying out Annual Risk Assessment required for annual internal audit planning exercise.

Role Accountability 

Assurance Audit as per RBIA

1. Co-ordination with stakeholders to identify the potential service provider to conduct the Assurance Audit of IA function as per RBIA.
2. Scope finalization to ensure comprehensive coverage of assignment in lines with RBI guidelines.
3. Facilitate service provider to seamlessly execute the Assurance Audit activity and provide necessary evidences. 
4. Coordination within IA team to address the issues as identified during course of Assurance Audit activity
5. Regulatory Audit Coordination
6. Assist the VP collaboration with cross function teams for the for seamless execution of regulatory audits.
7. Record management of all regulatory audits communication and working papers.
8. Participation and arranging of process walkthroughs for regulatory audits.
9. Process Policy Adherence
10. Keep track of regulatory guidelines with respect to Internal Audit and ensure the processes are enhanced as per the requirement.
11. Coordinate with process stakeholders for approval of the IA processes / SoP /Policies
12. Create process measurement trackers & dashboards to measure adherence to the laid down Sop's.

   Risk Assessment

1. Continually revisit the risk assessment sheets for functions through the audit year and evolve as per the new risks identified.
2. Ensure that annual risk assessment exercise is completed as per timelines.
3. Assist VP to prepare the Annual audit scope as per the risk assessment.
4. Risk Convergence
5. Facilitate quarterly meetings for Audit risk and compliance and ensure agenda items and way forward is timely circulated
6. Collation of all common risks identified to be presented jointly to ACB by the end of the year

Measures of Success 

1. Completion of Quality Assurance Audit exercise as per timelines & Plan
2. Action planning & closure of QA observations & non conformance
3. Effective coordination with RBI/Stat bodies to complete the assessment as per plan.
4. Updating of processes and awareness trainings 
5. Completion of Risk Assessment exercise as per planned timelines

Technical Skills / Experience / Certifications

1. Deep understanding of Credit Card/Financial Services industry, its emerging trends, issues, challenges, key players and leading practices as well as regulatory and statutory compliance requirements
2. Knowledge of processes/internal audit/risk/compliance activities
3. Timely and accurate updating of process documentation
4. Process Adherence as per MOU
5. Good understanding and market insights of the ever changing financial and regulatory environment

Competencies critical to the role

1. Analytical ability and problem-solving skills
2. Verbal and written communication
3. Result Orientation

Qualification 

MBA or graduate with internal audit experience

Preferred Industry

FSI

Experience Level

Senior Level