• The Head of Internal Audit (HIA) provides independent and objective
assurance on the branch & governance, risk management, and internal
control environment. In line with the Head Office Audit Division& Risk-
Based Internal Audit (RBIA) approach, the HIA is responsible for
providing periodic risk intelligence to support the Head Office&risk
assessment and audit planning.
• The HIA function is required to provide periodic work reports to the Head
Office Audit Division(HOAD) and to work closely with the branch
management team. While maintaining independence and objectivity, the
function further strengthens the internal control culture.
• Plan and manage branch audit activities in line with the Head Office’s
annual audit plan and RBIA assessment outcomes.
• Establish the Branch’s internal audit operating procedures, and execute
and manage internal audit activities, and regularly report to the HOAD on
audit progress and results, major/high-risk issues, remediation status,
regulatory developments, and the Branch’s risk/business profile;
immediately escalate major issues, suspected fraud, or material control
failures in accordance with applicable requirements.
• Periodically gather branch risk information (e.g., emerging risks,
significant control deficiencies, regulatory focus themes, and material
changes in products, processes, systems and third‑party arrangements)
and provide it to the HOAD to support RBIA risk assessment.
• Serve as the primary liaison for RBI inspections and external audits;
coordinate document/data submissions, interview arrangements,
responses, and remediation follow‑up.
• Track remediation plans for internal and external observations to ensure
corrective actions are specific, verifiable and completed on time.
• Coordinating and managing Concurrent Audit activities, including
participation in the selection and appointment of concurrent auditors,
overseeing the effectiveness of audit execution, and ensuring the quality
and timely submission of audit reports. The role may require direct
involvement in Concurrent Audit engagements when necessary. Material
deficiencies shall be escalated promptly, and significant audit findings
shall be periodically consolidated and reported to relevant governance
bodies and the HOAD.
• Support the HOAD in audit execution and other audit‑related assistance
as required.
Qualifications • At least 8 years of working experience in the banking or financial services
industry, including a minimum of 3 years of experience in an internal
audit function or a public accounting firm. Prior experience with a foreign
bank operating in India (e.g., Japanese or Korean banks) is a plus.
• Strong understanding of banking operations, regulatory requirements, and
international internal audit standards.
• Bilingual proficiency in English and Mandarin (oral and/or written) is a
plus; Candidates must possess strong planning, stakeholder management,
effective communication and coordination abilities, and excellent report-
writing skills, with the ability to prepare clear, professional reports and
correspondence for Head Office and local stakeholders (e.g., branch
management, regulators, and external auditors).
• Familiar with MS Office Suites, or possess database analysis capabilities.
• Professional certifications such as CIA / CISA (or equivalent) are
preferred.
• Willingness to travel across the region.
