Internal Audit Role - Branch Audit

Job Description.

Internal Audit of Retail branches/Other Centralized Activities i.e. Currency Chest, Centralized Clearing Cell, Hubs, Offsite ATM's etc.

Roles and Responsibilities :-

- Provide oversight to the Concurrent Audit process.

- Ensure submission of concurrent audit reports on time.

- Ensure regular update of concurrent audit checklists.

- Ensure appropriate review of concurrent audit issues.

- Ensure follow-up & rectification of concurrent audit issues.

- Ensure sufficient coverage of concurrent audit as required by the policy.

- Independently conduct branch audits.

- 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 the 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 pitfalls and bottlenecks and ensure these are resolved.

- Provide improvement/suggestions to existing processes/systems to line management.

- Peer Review of branch internal audit reports.

- Manage the team, coach and guide them in conducting branch audits

Rohit Singh
9892301507