Vice President, Internal Audit Quality Assurance & Improvement Program (QAIP)

Overview

Execute the Audit Quality Assurance and Improvement Program (QAIP) for the Global Internal Audit function, assessing departmental conformance with audit methodology and auditing standards and driving continuous improvement across the audit department.

What you'll do

• Execute the quality assurance plan, performing reviews of audit planning, risk assessments, audit execution, audit issue validations, and other thematic topical reviews.
• Maintain knowledge of the audit QAIP and the audit portfolio, including industry trends, best practices, business risks, control frameworks, management strategy, and banking/regulatory practices; understand the business's products, systems, and processes.
• Continuously improve audit practices and methodology based on best practices, industry standards and regulations, and present areas and opportunities for alignment.
• Develop and execute QA testing programs to assess the department's conformance with audit methodology, industry standards and regulatory requirements.
• Challenge audit teams on work performed, including scope, risks and controls identified, risk ratings, controls testing (design and operating effectiveness), sampling, sustainability, and conclusions.
• Influence management to understand the impact of QA findings and obtain agreement with limited management involvement.
• Develop QA reports that contextualize findings to support ratings and communicate improvement opportunities to audit teams and audit management.
• Perform ongoing monitoring of open QA issues, escalate potential delays, and validate closure of action plans in line with procedures.
• Partner with audit teams as a trusted advisor to support high-quality work products.
• Proactively escalate potential delivery issues, anticipate risks or challenges, and evaluate alternatives or solutions.
• Proactively communicate issues, articulate the relevance of root causes across QA reviews, and anticipate emerging issues affecting the department's risk profile, audit methodology and practices.
• Act as a leader, developing and promoting a workplace culture that values diversity of thought, promotes integrity, supports coaching and fosters accountability.

What you'll need

• Minimum of seven years of relevant internal audit experience in the financial services or banking industry.
• Bachelor's degree, preferably in accounting, finance, or a related business discipline, from an accredited college or university.
• Strong understanding of risks and controls across banking businesses and support functions, including credit, model, market, liquidity, operational, technology, and regulatory compliance risk.
• Strong understanding of audit practices, methodology, and global audit standards.
• Experience with data analytics and artificial intelligence in executing audit or quality assurance activities.
• Experience reviewing audit workpapers and issue validations for sufficiency of evidence, quality of documentation, and conformance with audit methodology.
• Ability to influence stakeholders and challenge the status quo, including managing conflicts and issue resolution.
• Strong written and verbal communication skills.
• Strong project management skills and ability to coordinate and integrate efforts across multiple groups within audit.
• Highly motivated, takes initiative, is a self-starter, problem solver and solution oriented.

Nice to have

• Advanced degrees.
• Professional auditing certifications such as CIA, CPA, CISA or CISSP.

Details

• Location: MUFG Global Service Private Ltd., Bengaluru (BCIT).
• Reports to the Director of Audit Quality Assurance.
• Corporate title: Vice President, Internal Audit.
• Provides QA coverage across the global audit portfolio, supporting both Global and Americas QA reviews.