Deputy Manager - Process Audit

Job Description

Key Responsibilities:

1) Audit Planning & Risk Assessment:

• Contribute to the internal audit risk assessment using deep understanding of business operations and risks.

• Participate in the annual audit planning and maintenance process.

2) Audit Execution:

• Lead the planning, scoping, and execution of complex audit engagements across departments and processes.

• Ensure delivery of high-quality audit reports, with proper documentation of professional judgments and decisions.

• Monitor the resolution and closure of audit findings and follow-up actions.

• Review and approve key audit documents including ToRs, Risk & Control Matrices, Reports, and Issue Logs.

3) Governance & Reporting:

• Ensure timely agreement of final audit reports and corrective action plans with senior leadership.

• Report on internal audit activities and outcomes to the Head of Audit and Top Management.

• Maintain alignment of the audit program with evolving risk profiles and regulatory expectations.

4) Stakeholder & Relationship Management:

• Build and manage effective relationships with senior leadership, business heads, external auditors, and regulators.

• Promote collaboration between Internal Audit and Risk functions to ensure a unified risk and control framework.

• Coordinate with other assurance functions to support a comprehensive, enterprise-wide audit coverage.

5) People Management & Contribution:

• Manage and mentor junior audit staff and contribute to team development.

• Promote ongoing learning, technical upskilling, and a high-performance culture within the audit team.

6) External Collaboration:

• Represent the Internal Audit team in external interactions as delegated, including with peers in the industry, regulators, and professional institutions.

7) Success Measures:

• Completion of targeted audit coverage within timelines and quality standards.

• Effective identification and reporting of control weaknesses, with timely resolution of issues.

• Contribution to strategic and continuous improvement initiatives.

• Team development and engagement based on performance, participation in training, and quality outcomes.

Required skills:

• Strong experience in internal audit, risk assessment, and control evaluation.

• In-depth knowledge of regulatory compliance, especially in insurance or financial services.

• Proficient in financial and operational audits across business functions.

• Skilled in using audit tools, data analytics (e.g., Excel, ACL), and ERP systems like SAP.

• Excellent communication skills for reporting and stakeholder engagement.

• Proven ability to lead teams, mentor juniors, and manage multiple audits.

• Willing to travel frequently; fluency in English is essential.

Requirements

• Experience Level: Senior
• Experience Required: 10 - 12 years
• Employment Type: Full-Time
• Qualification: Graduation
• Skills: Internal Audit, Risk Management, control evaluation, Regulatory Compliance, Data Analyst, ERP Systems (SAP