- Compliance with the applicable circulars issued by RBI from time to time and guidelines specified in Investment Policy.
- Compliance with SEBI/FEMA/FIMMDA guidelines wherever applicable.
- Compliance with approved Investment Policy as is framed in compliance with various circulars issued by RBI and the internal procedures defined within Treasury function.
- Checking adequacy of Internal control system pertaining to treasury function (including user access management of Treasury system).
- To ensure that accounting is in conformity with Bank's accounting policy, accounting standards laid down by ICAI and directions issued by RBI.
- Verification of all deals conducted in the Primary and Secondary market in all type of instruments along with all money market transactions and applicable limits as defined in investment policy.
- Verification of Investment income including interest, dividend and Profit or loss on sale of Investments.
- Verification for correctness and timely submission of statutory and regulatory returns.
- Verification of collections of redemption/interest proceeds, accrued/receivable along with internal controls thereon.
- Reconciliation of securities held whether in SGL, Demat, or Physical form & securities issued with BENPOS.
- Verification of valuation of investment securities.
- Verification of Brokerage calculation in line with the Agreement and Bank Norms.
Preferred candidate profile
- Should have a solid domain across the spectrum of products offered by Bank / PD Treasuries such as Fixed Income, Money Market, Forex, Derivatives and Bullion.
- Plan audit execution in line with the scope agreed with the client.
- Giving status updates to Director and client on periodic basis.
- Conduct detailed walkthroughs to gain understanding of the processes and controls implemented by the client.
- Formulating checklists based on policies and regulatory guidelines
- Documenting work performed and maintaining work papers
- Review adherence with regulatory and statutory compliances
- Conducting audits within the time schedule assigned
- Identify areas of improvements for each process being audited and recommending the same to our clients
- To be abreast with all regulatory and other changes in relation to Treasury and financial markets
- Drafting Audit reports detailing findings of audit
- Should have good oral and written communication skills to articulate queries / observations to clients
- Should have good command over language and grammar
- Should have the ability to grasp / learn and unlearn processes / businesses of our clients