About Our Client :

Our client is a respected bank. We are looking for a Internal Control Auditor for multiple locations (Mumbai, Jaipur, Indore, Kolkata, Pune & Hyderabad), Undermentioned the detailed responsibilities and requirements:

Principal responsibilities:

- Designing the control checklist for the branch banking keeping in mind the regulatory and group norms and guidelines

- To undertake audit of various task assigned as per the audit calendar within the target time.

- Timely, accurate, concise and effective documentation of audit reports on exceptions observed during the course of audit.

- Ensure qualitative and effective performance in all areas of audits undertaken.

- Critically review the existing process and procedures during the audit of respective areas and suggest areas of improvement which would enhance controls and simplify process flow.

- Identify any operational risk areas and escalate to the team leader

- Review and follow up of rectification responses from the auditee for early rectification of audit comments and timely closure of audit files.

- To effectively track and identify revenue leakage and suggest measures/process to plug the same.

- Updating self on various Regulatory compliance and circulars issued by RBI.

- Updating self on various internal procedures, processes and new products introduced.

- Ensure process adherence with all regulatory and statutory requirements.

- Training Branch Staff on the processes, facilitating branches achieve outstanding audit rating.

- Identify; minimize risks associated with day-to-day retail banking branch operations.

- Job involves carrying out various Audit reviews.

- Report risk incidents and perform Root Cause Analysis (RCA) for all risk events / near misses, document and share the findings with stakeholders

- Ensure branches are prepared for audit

- Coordinate with Internal & External Auditors to demonstrate compliance as per defined regulatory and control standards

- Train employees on their role in the overall internal controls and audit process and on leading practices for managing emerging risks in areas such as IT, fraud, contract compliance etc.

Requirements:

- Candidate should have experience in Bank branch audit - Rural Banking experience will be preferred

- Candidate should be aware of audit challenges in rural area

- Comprehensive understanding of different lines of businesses in the bank

- Strong inter personal skills and leadership skills

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