1

Conduct planning meeting with the auditee to discuss scope of audit, significant findings from previous audit reports, identify areas of significant risk etc.

10%

2

Suggest sample of credit portfolio to Department Head RAR prior to initiation of RAR.

10%

3

Perform audit/review of area assigned to him.

20%

4

Review work of subordinates and ensure that it has been properly documented, working papers include adequate audit evidence and applicable Audit Master Data has been followed. Facilitate review by interview & coaching process and continually assess work being performed for greater efficiencies and effectiveness.

25%

5

Monitor / review overall audit /review of branch/unit to ensure that all activities are carried out within the timelines stipulated in the Internal Audit Framework.

5%

6

Discuss audit observations with auditee i.e. branch officials (including relevant RH) or relevant process owner in case of audit of non-branch entities and obtain management comments on these observations. Escalate critical issues warranting immediate corrective action to Department Head RAR.

15%

7

Compilation of draft reports as well as recommendation of audit rating to Department Head RAR.

10%

8

Be alert for significant new developments in banking and their applicability on audit/review engagements.

5%

9

Recommend value addition in “Audit Master Data” based on amendments in laws, regulations as well as Bank’s policies & procedures.

5%

10

Any other task (including investigation / other special assignments) assigned by Department Head RAR.

100%