TM - Corporate Functions

Role overview

This position is responsible for shaping and driving the audit strategy and audit calendar for corporate functions. The role covers a wide range of corporate, risk, and control areas such as compliance, risk management, legal, collections, finance and accounting, HR and administration, centralized operations, customer service, treasury, secretarial, and marketing. The objective is to evaluate whether controls are effective, risks are well managed, and internal policies, procedures, and external regulations are being followed.

Key responsibilities

• Create audit approaches to identify and evaluate risks across corporate, risk management, and control functions, including compliance, legal, fraud, operational, third-party/outsourcing, liquidity, financial, people, and reputational risks.
• Build audit plans using risk assessment and the regulatory environment, with strong use of technology, data analytics, and integrated audit techniques.
• Assemble and guide a specialised audit team capable of handling complex reviews across corporate functions and control areas.
• Manage the delivery of the audit plan in line with internal policies, procedures, legal and regulatory expectations, internal audit standards, and established industry practices.
• Perform audits that provide independent assurance on control design and operating effectiveness, as well as compliance with internal requirements and applicable laws and regulations.
• Test controls across corporate, risk, and control functions using risk-based and thematic audit methods.
• Review key areas such as legal and compliance risk management, fraud risk, operational risk, treasury and investment activities, liquidity management, third-party risk, vendor payments, general ledger and accounting controls, regulatory reporting, employee onboarding and payroll, operations and customer service, complaints handling, procurement, and facilities.
• Assess application controls and automated process controls within business applications and management information systems used by these functions.
• Recommend practical improvements to policies, processes, and working practices based on industry benchmarks and emerging risks.
• Ensure audit coverage remains relevant as internal guidelines, laws, regulations, and sector practices change.
• Maintain updated audit procedures, testing checklists, documentation, and reports.
• Track delivery timelines and quality standards so that audits and projects are completed on time and in compliance with policy requirements.
• Work closely with stakeholders to drive closure of observations and strengthen the control environment.
• Set up methods to detect risk triggers and hotspots, and initiate unscheduled reviews or investigations where required.
• Stay current with audit trends and lead initiatives that improve audit efficiency and effectiveness.
• Design and implement continuous monitoring processes for risks across business segments, products, channels, processes, and units.
• Develop automated tests to monitor credit risk and credit lifecycle-related risks, including regulatory, financial, and operational exposures.
• Communicate findings and updates effectively to regulators, board committees, and senior leadership.
• Build, mentor, and develop a specialised audit team while encouraging engagement and performance.
• Support ongoing learning for self and the team through knowledge sharing and best-practice exchange.

Additional information

The role demands strong coordination across multiple functions and the ability to work on specialized, high-complexity audit topics. It also requires regular alignment with changing legal and regulatory expectations, as well as proactive monitoring for emerging risks and control issues.

Work location

Maharashtra, India