About the Role

We are looking for an experienced Concurrent Auditor with solid exposure to Bank Audits to perform concurrent audit assignments of banking operations. The candidate will be responsible for reviewing transactions, verifying compliance with RBI and bank guidelines, identifying irregularities, and reporting audit observations within prescribed timelines.

Key Responsibilities
- Conduct concurrent audit of bank branches and banking operations as per the prescribed audit scope.
- Verify cash transactions, cash balance, vault operations and ATM-related transactions.
- Review loan and advance transactions, including sanction, documentation, disbursement, monitoring and compliance.
- Examine fresh sanctions, renewals, enhancements, restructuring and closure of loans.
- Verify compliance with KYC/AML norms, RBI guidelines and internal bank policies.
- Check deposit accounts, savings/current accounts, term deposits and related transactions.
- Review NPAs, overdue accounts, SMA accounts and recovery-related transactions.
- Verify interest calculation, charges,



penal interest and other banking income.
- Check exception reports, suspense accounts, sundry accounts and clearing transactions.
- Review LC, BG, bills, remittances and other non-fund-based transactions, wherever applicable.
- Verify compliance with maker-checker controls and delegation of powers.
- Identify irregular, unusual or high-risk transactions and report them promptly.
- Check branch expenses, stationery, security items and other administrative transactions.
- Verify stock statements, insurance, security documents and other loan-related records.
- Review adherence to internal circulars, SOPs, RBI regulations and applicable banking guidelines.
- Prepare daily/weekly/monthly audit observations and reports as required.
- Discuss audit observations with branch officials and ensure timely resolution of irregularities.
- Maintain proper working papers and supporting documentation for all audit observ

📌 Concurrent Auditor (Bhubaneswar)
🏢 M/s Ready Mix Concrete
📍 Bhubaneswar