· Demonstrate valuable understanding of products & processes for risk and treasury functions
· Knowledge of Business Applications used in banking industry
· Understanding of statutory and regulatory requirements and policies
· Working on the preparation of the Audit Calendar for the year basis the residual risk assessment and methodology defined in audit policy of the bank.
· Conducting specific audits basis plan or trigger based requirements of the bank.
· Drafting of detailed audit reports with assessment details, preparation of supporting workpapers, clearly documenting the observations noted with implications and recommending corrective actions to auditee
· Coordinating and supporting the Bank’s compliance team during RBI Audits and other external audits.
· Good communication (both verbal & written) and inter-personal skills
Ability to work as a part of team and contribute towards team goals
· Conducting internal audits within stipulated time and submission of audit reports based on risk based audit norms.
· Ensuring quality of audit report (depth & coverage)
by focusing on root cause analysis and providing qualitative suggestions/recommendations for improvement of processes & mitigation of risk
· Effective use of off-site audit reports (with special focus on data mining & analysis) for bringing out risks in the audit reports.
· Conducting planned and unplanned audits and provide qualitative suggestions/recommendations for improvement of processes
· Updating skill sets and knowledge through continuous readings, attending trainings
· Ensuring timely follow up on closure of audit findings; checking the closure in line with the risk and recommendation; processing the closure of audit issues / reports as per the policy
· Timely submission of information relating to audits conducted to internal and external stakeholders.
Optimal qualification for success on the job is:
· CA/MBA (finance)
1-5 Years of Experience (Audit/ Banking Domain preferred)