Responsibilities

Strategy and Planning

- Assess audit universe, risk assessment methodology, and annual audit plan to ensure adequacy of review coverage aligning with banks risk profile.
- To ensure risk ratings and audit prioritization are justified and consistently applied.

Policies, Processes & Procedures

- Preparation and updating of Compliance Testing framework and review checklists in line with the regulatory guidelines/internal policies.
- Preparation of offsite monitoring reports for review of regulatory obligations.

Job specific bucket

Perform QA reviews on

- Planning documents (review scope, risk & control matrix)
- Fieldwork (test design, sampling, evidence adequacy)
- Issue identification and grading
- Final audit report consistency and clarity
- Validate that Tester follow approved methodologies and documentation standards to ensure proper documentation and working papers are maintained for all the compliance reviews conducted.
- Ensure sampling is riskbased and evidence is complete and traceable.




- Suggest improvements to enhance test efficiency and recommend areas for automation to increase efficiency.
- Prepare offsite monitoring reports which either serves as base data for compliance testing officers for review or are direct exception reports for testing of process efficiency.
- Coordinate with concerned stakeholders for development of reports, perform UAT testing and build automated process for report generation.

People Management Conduct workshops on documentation standards and testing quality.

Education : CA / MBA

Experience : 8+ Yrs

FUNCTIONAL COMPETENCIES

- In depth knowledge of the regulatory environment for the banks in India particularly RBI.
- Valuable knowledge of all the elements of Risk-based auditing (RBA), Control testing approaches, Sampling techniques, Workpaper standards, etc.

BEHAVIORAL COMPETENCIES
- Good interpersonal skills.
- Demonstrated ability to drive results and be very effective

📌 Compliance Testing Officer - Offsite Monitoring - VP (Mumbai)
🏢 Yes Bank
📍 Mumbai