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 explicit, 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 skilled 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 (India)
🏢 HDFC Bank
📍 India