Role & responsibilities:

- Conduct day-to-day concurrent audit of assigned bank branches/departments, verifying transactions for compliance with RBI guidelines, internal policies, and regulatory norms
- Check adherence to KYC/AML norms, loan documentation, sanction terms, and disbursement processes
- Verify cash transactions, remittances, forex dealings, and treasury operations as applicable to the branch/vertical assigned
- Identify irregularities, control gaps, and process deviations, and report them promptly to the engagement partner/manager
- Prepare and maintain audit working papers, checklists, and observation trackers
- Draft audit observations and assist in preparing periodic (monthly/quarterly) concurrent audit reports
- Follow up on closure of previous audit observations and compliance status
- Coordinate with branch staff and bank officials professionally to gather information and resolve queries
- Stay current with RBI circulars, banking regulations, and updates relevant to concurrent audit scope

Preferred candidate profile: Preference shall be given to candidates with experience in bank concurrent audits

📌 Audit Assistant (Mumbai)
🏢 J C Kabra & Associates
📍 Mumbai