SBI Card | Senior Manager - Process & Functional Audit

Responsibilities

• The role is responsible for performing execution of assigned internal process audit activities, preparing audit reports and identifying and reporting instances of revenue leakage / loss events to relevant stakeholders.
• Perform audit activities as assigned (including but not limited to testing, sampling) etc. within the defined TAT.
• Ensure compliance with Audit Manual, Audit Checklist, Auditing Standards and Legal Regulations in all audit activities.
• Ensure inputs from IFC and other regulatory/statutory audit findings are incorporated while conducting audit as and when required.
• Ensure adherence to Turn-around-Time for closure of audits.
• Prepare audit reports and share critical observations with Functional Audit Manager/Lead.
• Follow up to close all the open observations as per ATR (Action Taken Report).
• Highlight audit gaps/findings to Process and Functional Audit Lead for necessary corrective action.
• Maintain all process documentation practices in compliance with the process guidelines.
• % of audits, follow-up audits, and report issuance completed within specified timeframes during the year / half year / quarter.
• Number of defects/final observations identified.
• Closure of ATR observations as per defined TAT.
• Identify and report instances of revenue leakage / loss events.
• Negative Comments from Quality Assurance Reviews.
• Timely and accurate updating of process documentation.
• Process Adherence as per MOU.

Requirements

• Verbal and written communication.
• MBA Finance/Qualified CAs, Certified Internal Auditor (CIA), ICWA or Graduate with significant experience in internal Audit.

SBI Cards and Payment Services Limited

SBI Card began in 1998 as a credit card business launched by State Bank of India together with GE Capital. In December 2017, SBI and The Carlyle Group bought out GE Capital's stake, and in 2019 the company, first incorporated as SBI Cards and Payment Services Private Limited, took its present name as a public limited company. In March 2020 it became the first company in India focused only on credit cards to list its shares, which trade on the NSE and BSE. SBI Card is headquartered in Gurugram, Haryana, with its registered office in New Delhi, and offers credit cards and related payment products to Indian consumers.

On the finance side, SBI Card's openings in Gurugram are in internal audit and compliance: thematic audits, process and functional audits, and regulatory compliance and audit at manager and senior manager level. The audit postings ask for a CA, MBA (Finance), ICWA or CIA, or a graduate with solid internal audit experience, while another posting names an MBA, LLB or CS.

• Industry: Credit cards and related payment products and services
• Headquarters: Gurugram, Haryana, India (corporate office); registered office in New Delhi
• In India: SBI Cards and Payment Services Limited, listed on the NSE and BSE, with its corporate office at DLF Cyber City, Gurugram, and registered office in New Delhi; its current finance roles are in Gurugram