Job Title: Assistant Vice President Risk Audit

Location: Mumbai, Maharashtra

Department: Risk Audit

Reporting To: Deputy Vice President Risk Audit

Job Summary

The Assistant Vice President Risk Audit will be responsible for executing audits across key risk domains, including asset-liability management (ALM), market risk, liquidity risk (LCR and NSFR), capital adequacy ratio, leverage ratio, and behavioural study models. The role may also involve managing a small team of 1–2 audit professionals, ensuring high-quality delivery of audit engagements and contributing to the continuous enhancement of audit practices.

Key Responsibilities

Execute internal audits in the following areas:

- Asset-Liability Management (ALM)
- Market Risk
- Liquidity Coverage Ratio (LCR)
- Net Reliable Funding Ratio (NSFR)
- Capital Adequacy Ratio (CAR)
- Leverage Ratio
- Behavioural Study Models
- Supervise and mentor a team of 1–2 audit professionals, providing guidance and performance feedback.
- Review audit workpapers and reports to ensure accuracy, completeness, and adherence to internal standards.
- Evaluate the effectiveness of internal controls and risk mitigation strategies.
- Identify control gaps and recommend practical, risk-sensitive solutions.
- Ensure audit activities comply with regulatory requirements and internal policies.




- Present audit findings and recommendations to senior management.
- Monitor the implementation of audit recommendations and track remediation progress.
- Contribute to the development and enhancement of audit methodologies and tools.

Qualifications & Experience:
- Professional certifications such as CA, CIA, CISA, FRM, or equivalent are preferred.
- Bachelor’s or Master’s degree in Finance, Accounting, Risk Management, or a related field.
- Minimum of 6 years of experience in internal audit or risk management, specifically within the Banking or NBFC sector.
- Proven expertise in one or more of the following verticals: risk audit or risk management.
- Prior experience in managing audit teams and delivering complex audit engagements.
- Strong understanding of regulatory frameworks applicable to financial institutions.

Skills & Competencies:
- Excellent analytical and critical thinking skills.
- Effective communication and report-writing abilities.
- High level of integrity and professional ethics.
- Ability to manage multiple priorities and deliver under tight timelines.
- Proficiency in audit tools, risk assessment techniques, and data analytics.

Work Environment Full-time position based in Kanjurmarg, Mumbai.

📌 Team Head-Treasury Audit (Mumbai)
🏢 HDFC Bank
📍 Mumbai