Job Title: Associate – Bank Audit

nLocation: Pune

nExperience: 0-2 years

nQualification: Chartered Accountant (CA)

nnRole Summary:

nWe are looking for a qualified CA with 0-2 years of experience in auditing Banks. The role involves executing end-to-end audit procedures, including testing of advances, investments, deposits, revenue recognition, and treasury operations, while ensuring compliance with RBI guidelines, Ind AS, and prudential norms.

nnKey Responsibilities

n1. Planning & Risk Assessment

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- Assist in developing audit plans, conducting risk assessments, and selecting advance/loan samples as per defined criteria.
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- Evaluate internal controls and compliance with bank policies and regulatory requirements.
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- Perform tests of controls to assess their effectiveness in mitigating risks.
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- Coordinate with auditees for audit requirements and ensure timely follow-up.
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n2. Branch Audits

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- Visit selected branches and conduct Credit Audit, Branch Operations Audit, and review of branch statements.
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- Examine credit policies for adequacy, updates, and regulatory compliance.
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- Verify selected loan files as per the audit checklist, including loan applications, approvals, collateral documentation, and customer financial information.
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n3. Head Office Department Audits

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- Conduct audits of various Head Office departments as per the defined scope.
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- Perform financial audits,



including financial statement review and transaction testing.
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n4. Reporting

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- Document audit findings, including non-compliance, control weaknesses, and potential risks.
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- Discuss findings and recommendations with bank management and obtain feedback.
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- Prepare comprehensive audit reports and submit them to the Manager and Partner for review.
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n5. Documentation

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- Ensure all audit procedures, evidence, and conclusions are properly documented.
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- Maintain clear, concise, accurate, and timely documentation that enables an experienced auditor to understand the work performed and conclusions reached.
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- Use the firm's standardized templates and formats for consistency and ease of review.
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- Ensure secure storage and restricted access to audit documentation.
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- Archive audit records to protect them from unauthorized access, alteration, or destruction.
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nQualifications/Required Skill Set:

nCA with 0-2 years of relevant audit experience

nProficient in MS Office; good documentation and communication skills

nExperience:

n• Should have done articleship from a audit CA firm having atleast 3-4 partners.

n· Robust understanding of RBI regulations, Ind AS, and banking processes

n· Prior experience in a CA firm or audit of financial institutions preferred

📌 Chartered Accountant - Bank Audit (Pune)
🏢 P G BHAGWAT
📍 Pune