Assistant Vice President - Internal Audit

1. Internal Audit Planning, Execution and Reporting:

- Ensure strict adherence to the annual Internal Audit Plan, including Corporate Audits and Thematic Reviews.

- Lead SOX/IFC reviews end to end, covering planning, resource allocation, execution, testing oversight, review mechanisms, and timely reporting to internal and external stakeholders.

- Deliver all actionable requirements for the Board Audit Committee, IRDAI, and HDFC Bank, including preparation of high quality presentations, reports, and supporting documentation.

2. Management - Execution Control, Performance & Reporting:

- Conduct periodic reviews with team members on audit status, performance, scope and timelines; provide timely, KRA aligned feedback and initiate corrective measures where required.

- Maintain an effective team structure through optimal project allocation, delegation, capability mapping, and efficient utilization of key resources.

- Set clear KPIs for the team and continuously monitor progress against defined goals and milestones.

3. Strategic Orientation & Quality Review:

- Develop audit programme plans aligned with business strategy, risk assessments, audit calendars and management directives.

- Promote the use of technology/ Automation (Existing tool managed by the Audit team & explore potential tools/ technology that enhances overall audit team delivery efficiency and result oriented quality outcomes in audits.

- Strengthen audit review mechanisms to enhance quality, efficiency, and documentation standards.

- Build internal capability for planning and reviewing IT related controls to reduce reliance on external specialists.

4. Management - External Stakeholder Relationship:

Auditee Management:

- Maintain continuous engagement with auditees across levels to ensure smooth execution, including kick off meetings, progress updates and closure discussions.

- Escalate delays and roadblocks proactively to appropriate stakeholders to avoid timeline deviations.

- Conduct proactive discussions on audit plan or scope changes as required.

- Collaborate closely with Governance Functions (Compliance, Secretarial, Risk, InfoSec, Financial Reporting) to gather inputs for audit planning and execution.

- Provide timely support for regulatory inspections, external audits and HDFC Bank requirements.

Outsourced/Co sourced Partners:

- Define clear expectations regarding audit scope, coverage and objectives, ensuring no duplication across partners.

- Review audit progress regularly and ensure high-quality deliverables.

- Provide necessary support on infrastructure, process clarifications and escalations.

- Evaluate partner performance and share periodic feedback.

- Drive onboarding and governance of new audit firms and partners.

5. Management - Discipline, Team Engagement & Culture:

- Demonstrate strong self-discipline, adherence to company policies and professional decorum, and instil these values within the team.

- Foster an engaged and motivated team environment through structured welfare initiatives, regular team connects and actionable feedback.

- Identify and plan career development pathways for key performers; drive training and up skilling initiatives across SOX/IFC, technical skills and managerial competencies.

Education:

- Chartered Accountant /Certified Internal Auditor (CIA). Additional qualification like CISA/ DISA will be advantage.