Senior Auditor - Risk Unit/Treasury & Risk Audit Department - Bank

Job Description Senior Auditor (Risk Unit, Treasury & Risk Audit Department)

Location: Mumbai

Experience: 710 years in relevant risk/audit profile

Qualification: Chartered Accountant (CA) / Postgraduate in Commerce, Accountancy, or related discipline

About the Role:

We are looking for a highly skilled Senior Auditor Risk Unit to join its Treasury & Risk Audit Department. The role requires expertise across multiple risk domains, including ALM, ICAAP, Stress Testing, Credit Risk, Model Risk, Outsourcing Risk, and Fraud Risk. The incumbent will lead a team in conducting independent audits, evaluating regulatory compliance, and strengthening the Banks risk governance framework.

Key Responsibilities:

- Lead and execute audits covering ALM, ICAAP, Stress Testing, Credit Risk, Model Risk, Outsourcing Risk, and Fraud Risk.

- Assess compliance with RBI regulations, Basel guidelines, and internal risk frameworks.

- Evaluate the adequacy and effectiveness of risk management controls, operational processes, and governance mechanisms.

- Review methodologies for ICAAP, Stress Testing, and Model Risk validation to ensure regulatory alignment.

- Oversee audits of outsourcing arrangements and assess risk mitigation practices.

- Conduct independent review of fraud risk frameworks, including detection, investigation, and prevention controls.

- Identify process gaps, control deficiencies, and regulatory non-compliance; recommend actionable improvements.

- Prepare high-quality audit reports and present findings to senior management and the Audit Committee.

- Mentor, guide, and manage audit team members, ensuring timely and effective completion of assignments.

Candidate Profile:

- 710 years of relevant audit/risk experience in the Banking industry.

- Strong domain knowledge of ALM, ICAAP, Stress Testing, Credit Risk, Model Risk, Outsourcing Risk, and Fraud Risk.

- In-depth understanding of banking operations, treasury processes, and risk governance structures.

- Excellent knowledge of RBI regulations, Basel norms, and other applicable guidelines.

- Strong analytical, leadership, and report-writing skills.

- Proven ability to lead teams and engage with senior stakeholders.

- Qualification: CA / Postgraduate in Commerce, Accountancy, or related discipline.