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 workplace 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
Valuable interpersonal skills.
Demonstrated ability to drive results and be very effective

📌 Compliance Testing Officer Offsite Monitoring Vp Mumbai (India)
🏢 Yes Bank
📍 India