Job Responsibilities

Actionables

Audit Execution

- Execute audits in accordance with approved audit plans, audit programmes, and Internal Audit methodology.

- Assess adequacy and effectiveness of controls governing liability products and related processes.

- Perform walkthroughs, control testing, sample reviews, and validation procedures.

- Evaluate compliance with regulatory requirements, internal policies, and governance standards.

- Ensure timely completion of assigned audit activities.

Thematic Reviews

- Participate in thematic reviews covering emerging risks, customer conduct, regulatory developments, product governance, and recurring control weaknesses.

- Analyse customer complaints, regulatory observations, incidents, audit findings, and risk indicators.

- Identify systemic risks and recurring control gaps.

- Support development of sustainable control improvement recommendations.

Audit Observations &

- Reporting

- Identify governance, compliance, conduct, and control deficiencies.

- Perform root-cause analysis and assess associated business, regulatory, operational, and reputational risks.

- Draft clear, concise, and evidence-based audit observations.

- Support preparation of audit reports and management discussion materials.

Issue Validation &

- Follow-Up

- Validate implementation of agreed corrective actions.





- Assess adequacy and sustainability of remediation measures.

- Review closure evidence submitted by auditees.

- Escalate delays, recurring issues, and ineffective remediation actions.

Stakeholder Coordination

- Liaise with Product, Business, Operations, Compliance, Risk Management, Finance, and Technology teams during audit assignments.

- Obtain information, documents, and evidence required for audit testing.

- Discuss preliminary observations and clarify audit issues with stakeholders.

- Maintain effective and professional working relationships.

Audit Quality &

- Continuous Improvement

- Maintain complete and accurate audit workpapers.

- Ensure compliance with Internal Audit methodology and documentation standards.

- Support thematic risk assessments and data-driven audit reviews.

- Contribute to continuous improvement of audit practices and testing approaches.

Key Skills

Technical Skills

- Risk-Based Auditing

- Liability Products &
- Product Governance

- Regulatory Compliance

- Audit Testing &

- Root Cause Analysis

- Audit Reporting &

- Data Analytics

Behavioural Skills

- Analytical Thinking

- Qualified Skepticism

- Attention to Detail

- Communication Skills

- Collaboration &
- Teamwork

📌 Sr Auditor Internal Audit Liability Product (Mumbai)
🏢 HDFC Bank
📍 Mumbai