Role & responsibilities:

Job Summary

The Senior Auditor provides independent, objective assurance on the effectiveness of the banks Finance functions. The role involves testing end-to-end controls for accounting entries, general ledger management, and statutory reporting.

Key Responsibilities
Audit Execution & Risk Assessment
Lead and execute comprehensive internal audits of Finance and Procurement functions from planning to reporting, in accordance with auditing and accounting standards.
Audit Inter-branch and Inter-bank account reconciliations, identifying and reporting unreconciled long-outstanding entries that may pose financial risk
Evaluate the adequacy of the banks Risk Management Framework.
Review the accuracy and timeliness of periodic returns submitted to the RBI, including CRR/SLR calculations
Conduct audits to ensure adherence to regulatory requirements (e.g., RBI Regulations, Tranche I, II and II).
Scrutinize Suspense Accounts and transit accounts for long-outstanding items,
Identify control gaps and emerging risks within the control functions, providing actionable recommendations to enhance control effectiveness.
Stakeholder Management & Advisory




Build and maintain robust relationships with senior management within the Business, Finance, IT, Risk and Compliance departments, acting as a trusted advisor.
Review and report on the effectiveness of the Business Heads oversight.
Reporting & Follow-up
Prepare high-quality audit reports detailing findings, risks, and recommendations for the Audit Committee and Executive Management.
Track and validate the remediation of audit findings by stakeholders to ensure timely closure
Data Analytics & Process Improvement
Utilize data analytics tools (e.g., IDEA, ACL, Power BI) to perform continuous auditing and identify anomalous trends in risk management.
Contribute to the continuous improvement of the Internal Audit methodology.

Preferred candidate profile:

Qualifications
Education: CA
Experience: 7+ years of experience in internal audit within the banking industry.
Knowledge: Deep understanding of banking regulations and accounting standards.
Skills: Exceptional analytical, communication, and report-writing skills.

📌 Senior Auditor Control & Support Functions Finance Specialized Mumbai
🏢 Yes Bank
📍 Mumbai