1. Understanding business processes to identify key risks
2. Assisting HIA in preparing risk-based internal audit plans
3. Performing detailed process & system walkthroughs
4. Testing controls
5. Identifying:
- internal process gaps / lapses,
- regulatory non compliances,
- revenue leakages,
- governance / conduct related issues,
- efficiency improvemnent opportunities,
- automation opportunities
6. Discussing observations with process owners, HoDs & HIA
7. Coordinating with external co-sourced IA firm & internal departments for timely completion of internal audits
8. Tracking closure of audit observations, validating implementation & escalating overdue items
9. Ensuring proper documentation & working papers for areas reviewed
10. Assisting HIA in preparing Internal Audit reports & Audit Committee presentations
11. Assisting HIA in implementing data analytics to identify trends / exceptions
12. Assisting HIA in implementing continuous improvement initiatives - developing checklists / updating RCMs / Audit SOPs / RBIA approach / audit tools
