Risk Audit Role - BFSI

Risk Audit

- Executing of internal audit of following functions/areas

- Credit Risk & related areas - ICAAP, CRAR & Leverage Ratio Computation, Stress Testing, Model Validation review, Basel III reporting etc Market Risk & related areas - Areas as mentioned above from Market Risk perspective, Asset Liability Management, Liquidity coverage ratio etc

- Operational Risk & related areas - Areas as mentioned in Credit Risk part from Operational Risk perspective, Overall governance audits including BCP etc.,

- Enterprise risk management, Risk Appetite Statement etc.

- Providing support to treasury Auditor in reviewing Market Risk areas

- Other specialized areas within Credit, Market & Operational Risk domain

Overall Job Description :

The internal audit role would include the following as part of the day-to-day job :

- Developing of data request

- Executing of internal audits

- Drafting of observations and audit report

- Conducting discussions with audit units for closure of reports

- Creation/Updating of Risk and control matrix, Permanent file, Audit checklist for the units.

- Creation/Updation of audit status and working files

- Updating of internal audit MIS with the status of audits

- Tracking compliance of past observations pending closure

- The job would also involve providing assistance to the central internal audit function for carrying out audits pertaining to various other units/areas.

- The person will also need to provide assistance in other various activities as may be assigned.

- The job would involve keeping abreast with regulatory guidelines