Senior Audit Lead-Information Technology
IDFC FIRST Bank · Mumbai, Maharashtra, India
- On site
- Full-time
- ₹2,500,000 / year
- Mumbai, Maharashtra, India
Job highlights
- Lead IT and Cyber Security audits end-to-end.
- Assess risks and control effectiveness in IT.
- Report findings to senior management effectively.
- Drive audit process improvements and digitization.
- Collaborate with audit teams and stakeholders.
About the role
Senior Audit Lead-Information Technology
Function/ Department: Internal Audit
Job Purpose
The Senior Audit Lead – Information Technology plays a critical role in leading internal audits across the bank’s IT and Cyber Security domains. This position demands full ownership of the audit lifecycle—from planning and execution to reporting and stakeholder presentations. The role contributes to enhancing audit efficiency and aligning audit practices with the bank’s strategic objectives and regulatory standards.
Roles & Responsibilities
- Lead audit planning and execution for the IT & Cyber Security Audit Unit.
- Deliver audits in accordance with the agreed plan, including ad-hoc assignments.
- Guide and collaborate with the audit delivery team to ensure high-quality outcomes.
- Identify risks related to in-scope technologies and assess the adequacy and effectiveness of associated controls.
- Draft high-quality audit reports, translating complex findings into clear, actionable insights.
- Present dashboards and audit findings to senior management, CXOs, and other key stakeholders.
- Facilitate discussions and drive closure of critical audit observations.
- Maintain strong working relationships with auditee groups and internal audit colleagues.
Secondary Responsibilities
- Streamline audit fieldwork to enhance agility and depth in execution.
- Support digitization of the audit process through data analytics, automation, and continuous auditing in IT environments.
- Stay updated on industry trends, regulatory requirements, and internal developments to assess their impact on internal audit.
- Identify and address skill enhancement needs for technology auditors.
Education Qualification
- Graduation: B.Tech is required
- Post-Graduation: in any discipline
- Professional Degree– CA is preferred
Experience
15 years of relevant experience in IT and Cyber Security audits, preferably within the banking or financial services sector.
Skills and Attributes
- Strong understanding of IT systems, cybersecurity frameworks, and risk management practices.
- Excellent analytical and problem-solving skills.
- Ability to communicate complex technical issues in simple, clear language.
- Proficiency in audit tools, data analytics, and automation technologies.
- Effective stakeholder management and presentation skills.
- Commitment to continuous learning and process improvement.
Key skills/competency
- Information Technology Audit
- Cyber Security Audit
- Risk Management
- IT Systems
- Audit Planning
- Audit Execution
- Audit Reporting
- Data Analytics
- Stakeholder Management
- Regulatory Compliance
Skills & topics
- Senior IT Audit Lead
- Information Technology Audit
- Cyber Security Audit
- IT Audit
- Banking Audit
- Financial Services Audit
- Risk Management
- Audit Planning
- Audit Execution
- Audit Reporting
- Data Analytics
- Automation
- Internal Audit
- B.Tech
- CA
- IT Systems
- Cybersecurity Frameworks
- Stakeholder Management
- Regulatory Compliance
- Audit Tools
- Continuous Auditing
How to get hired
- Tailor your resume: Highlight 15+ years in IT and Cyber Security audits, focusing on banking/financial services.
- Showcase skills: Emphasize expertise in IT systems, cybersecurity frameworks, risk management, data analytics, and audit tools.
- Demonstrate leadership: Provide examples of leading audit planning, execution, reporting, and stakeholder presentations.
- Prepare for interviews: Be ready to discuss complex technical issues and present audit findings clearly.
- Highlight qualifications: Ensure your B.Tech and any CA or relevant postgraduate qualifications are prominent.
Technical preparation
Master IT systems and cybersecurity frameworks.,Practice data analytics and audit tool usage.,Understand risk assessment methodologies.,Review relevant banking regulations.
Behavioral questions
Describe a complex audit finding you presented.,How do you manage challenging stakeholders?,Share an experience of improving audit efficiency.,How do you stay updated on IT trends?
Frequently asked questions
- What are the key responsibilities for the Senior IT Audit Lead at IDFC FIRST Bank?
- The Senior IT Audit Lead at IDFC FIRST Bank is responsible for leading internal audits in IT and Cyber Security domains. This includes audit planning, execution, reporting, stakeholder presentations, risk assessment, and driving the closure of audit observations. You will also support the digitization of audit processes and stay updated on industry trends and regulations.
- What qualifications are essential for the Senior IT Audit Lead position at IDFC FIRST Bank?
- Essential qualifications include a B.Tech degree, with a preference for a CA professional degree or a postgraduate degree in any discipline. A minimum of 15 years of relevant experience in IT and Cyber Security audits, particularly within the banking or financial services sector, is required.
- How important is experience in the banking sector for this Senior IT Audit Lead role?
- Experience in the banking or financial services sector is highly preferred for the Senior IT Audit Lead role. This is because it ensures a strong understanding of the specific regulatory environment, risks, and operational nuances common in financial institutions, allowing for more effective and targeted IT audits.
- What technical skills are most valued for the Senior IT Audit Lead at IDFC FIRST Bank?
- The most valued technical skills include a strong understanding of IT systems, cybersecurity frameworks (like NIST, ISO 27001), and risk management practices. Proficiency in audit tools, data analytics, and automation technologies is also crucial for streamlining audit fieldwork and supporting digitization efforts.
- How does IDFC FIRST Bank approach audit process digitization for this role?
- IDFC FIRST Bank supports the digitization of the audit process through data analytics, automation, and continuous auditing in IT environments. The Senior IT Audit Lead is expected to contribute to these efforts, streamlining fieldwork and enhancing the agility and depth of audit execution.
- What is the expected career growth for a Senior IT Audit Lead at IDFC FIRST Bank?
- As a Senior Audit Lead, you are positioned for leadership within the Internal Audit function. Opportunities may include managing larger audit engagements, leading specialized audit teams, or progressing to higher management roles within the bank's audit or risk departments, depending on performance and organizational needs.