Principal Auditor – APAC & MEA Fungible Audit Team

Job Description: In Scope of Position-Based Promotions Job Title: Principal Auditor – APAC & MEA Fungible Audit Team Corporate Title: Assistant Vice President Location: Mumbai, India Role Description The Group Audit (GA) function comprises approximately 850 team members who take a proactive, risk-based and independent approach to assist the Bank’s business and infrastructure functions in identifying key control weaknesses.

As the Bank’s “Third Line of Defence”, GA acts as an independent and forward-looking challenger and adviser to Senior Management and is strongly relied upon by Regulators. The Asia Pacific, Middle East and Africa (APAC & MEA) Fungible Audit Team provides flexible audit capacity across priority regional, country and portfolio demand. The team supports high-quality audits, finding validations, thematic reviews and other approved assignments in accordance with Group Audit methodology, helping the region respond effectively to changing risks, priorities and demand.

The Principal Auditor will undertake audit assignments and workstreams across different businesses, functions and jurisdictions. The role will assess risks and controls, execute audit testing, develop clear and evidence-based conclusions and contribute to high-quality audit reports and finding validations. The role will work collaboratively with the Principal Audit Manager, Lead Principal Auditors, relevant audit teams and subject-matter experts to provide “front-to-back” and “joined-up” assurance.

Assignments will be determined according to the approved team capacity plan, business and regulatory priorities, individual skills and development requirements. This role provides an opportunity to develop broad audit experience through varied assignments and exposure to multiple portfolios and jurisdictions while contributing to a collaborative, inclusive and high-performing India-based team. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy, Best in class leave policy.

Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities Undertake audits, finding validations, thematic reviews and other approved assignments across agreed APAC & MEA regional, country and portfolio priorities.

Support audit planning by developing an understanding of the relevant business processes, products, risks, controls and regulatory requirements. Document activity flows, identify key risks and controls, develop testing approaches and assess whether controls are appropriately designed and operating effectively. Execute audit testing in accordance with the approved audit programme, Group Audit methodology, quality standards and agreed timelines.

Maintain clear, complete and accurate audit workpapers that support the testing performed and conclusions reached. Analyse audit evidence critically, identify control weaknesses and assess their potential impact and materiality. Contribute to the development of clear, concise and evidence-based audit findings, reports and other audit deliverables. Discuss potential findings with audit management and stakeholders, incorporating relevant evidence and challenge while maintaining professional independence.

Review remediation action plans and assess whether proposed actions are sufficiently clear, sustainable and aligned with the identified risk. Undertake finding validations by conducting walkthroughs, identifying relevant risks and controls, defining and executing test plans and reaching supported conclusions. Escalate emerging risks, potential issues, testing exceptions, delivery dependencies and delays promptly to the audit lead or Pr