Manager - Concurrent Audit - Banking

Role Overview:

Conduct concurrent audits across banking operations, business functions and centralised processing units to assess regulatory compliance, operational controls and risk management practices.

Key Responsibilities:

- Audit retail banking, corporate banking, treasury, trade finance, credit administration, CPU/CPC and loan processing hubs

- Review credit sanction, disbursement, documentation, post-disbursement monitoring and NPA-related processes

- Assess compliance with RBI guidelines, FEMA, KYC, AML, CFT and FATCA requirements

- Identify control gaps, operational risks, potential fraud indicators and revenue leakages

- Prepare audit reports, classify findings by risk severity, and track closure of observations

- Escalate critical findings to senior stakeholders

Key Deliverables:

- Monthly concurrent audit reports

- Regulatory compliance review reports

- MIS reports and corrective action tracking

Mandatory Skills:

Concurrent Audit, Internal Audit, Banking and Financial Services, Regulatory, Compliance, Operational Risk & Controls, Fraud Risk Identification, Stakeholder Management, Audit Reporting.

Preferred Profile:

Experience in concurrent, internal or operational audit in banking/financial services, with working knowledge of banking operations, credit processes and RBI/FEMA/KYC/AML regulations. Strong analytical, documentation and reporting skills, with the ability to audit independently and follow through on corrective actions.