Senior Manager - Concurrent and Billing Audit

Senior Manager - Concurrent & Billing Audit

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 

This role will be responsible to ensure effective performance of formulated concurrent audit vertical strategies and processes, monitor compliance with regulatory audit regulations and evaluate the effectiveness of audit results in alignment with the overall organizational as well as functional objectives.

Role Accountability 

1. Devise adequate execution strategy for completion of designated concurrent audits within stipulated time frame basis discussion with concerned process owners 
2. Ensure end-to-end timely closure of audit activities
3. Update Vertical Head about developments and progress of audit
4. Prepare final concurrent audit updates for Audit Committee Board
5. Follow up to close all the open observations as per ATR (Action Taken Report)
6. Perform continuous monitoring of controls across allocated audit areas
7. Prepare and update concurrent audit checklists based on discussions with concerned process owners
8. Ensure compliance with the Audit Manual, Audit Checklist, Auditing Standards and Legal as well as regulatory requirements etc.
9. Promote use of data analytics for audit findings, sampling and execution within the vertical
10. Ensure adherence to regular process documentation practices in compliance with the process guidelines

Measures of Success 

1. % of all the audits, follow-up audits, and report issuance completed within specified timeframes during the year / half year / quarter
2. Number of defects highlighted
3. Trend analysis and highlight cases for corrective action
4. Closure of ATR observations as per defined TAT
5. Timely and accurate updation of process documentation
6. Process Adherence as per MOU

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

Competencies critical to the role

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

Qualification 

CA/ MBA / ICWA / CIA, or graduate with significant internal audit experience

Preferred Industry

FSI

Experience Level

Senior Level