Bank Audit Specialist - CA

Bank audit

Concurrent audit:

As a Bank Audit Specialist, you will be responsible for conducting audits of various banking operations to ensure compliance with regulatory requirements, assess risk management practices, and enhance internal controls. You will collaborate closely with internal audit teams, bank management, and external auditors to provide independent assessments and recommendations. This role requires a thorough understanding of banking operations, strong analytical skills, and the ability to communicate effectively across different levels of the organization.

Key Responsibilities:

- Conduct audits of bank operations, including but not limited to, retail banking, commercial banking, treasury operations, lending, and compliance with regulatory standards (e.g., Dodd-Frank Act, Basel III).

- Evaluate the effectiveness of internal controls and risk management practices within the bank.

- Review financial transactions and operational processes to ensure accuracy and compliance with policies and procedures.

- Identify areas of potential risk and provide recommendations for improvement.

- Prepare comprehensive audit reports detailing findings, conclusions, and recommendations for management and regulatory authorities.

- Collaborate with internal audit teams to plan and execute audit engagements in accordance with audit standards and timelines.

- Stay informed about changes in banking regulations and industry best practices to ensure audits are conducted effectively and efficiently.