Description

Responsibilities/ Job Description

· Independently conduct Credit audits of Wholesale products like working capital/SME/MEB/MIB but not retail (Will involve regular travelling).

· Participate in audits of various Businesses with particular emphasis on Product / Operations audits.

· Assist in Planning, designing and implementation of risk based audit plans to ensure safety and soundness of the Bank.

· Ensure completion of assigned audits and documentation of work papers on time.

· Track status of issues reported.

· Assist in keeping relevant processes benchmarked to Best Practices and peer banks.

· Assist in keeping Audit Procedure Manual and checklists current and updated.

· Devise audit checklists for use of internal/concurrent Auditors and test products along with processes/procedures to foresee pitfall and bottlenecks and ensure these are audited/resolved.

· Provide improvement/ suggestions to existing process / systems to line management

· Provide oversight to the Concurrent Audit process.

Ø Ensure submission of concurrent audit reports on time

Ø Ensure regular update of concurrent audit checklists

Ø Ensure appropriate review of concurrent audit issues

Ø Ensure follow-up & rectification of concurrent audit issues

· Require audit experience in working capital/SME/MEB/MIB but not retail

· Qualification-CA/MBA Finance