Senior Vice President - Asset Audit - CA

JOB PURPOSE:

- To Carry out the retail asset audit of the bank.

KEY RESPONSIBILITIES:

- Keep himself/herself updated on Regulatory guidelines in the area of audit.

- Keep himself/herself updated on the management directives/benchmarks assigned to business/operations unit from time to time.

- Discussion of audit observations with the business team and audit head for Audit reports having serious /critical lapses, where process gaps expose the Bank.

- Release low risk audit reports as per delegation matrix released by audit guidelines.

- Responsible for TAT (Audit completion + Report submission for release).

- Recommend for change in processes (as and when warranted and identified during his/her course of Audit review).

- Review extant audit procedures basis exceptions identified during Audit review and recommend revision to audit methodology/Scope of review (including revision of Standard Audit Procedures).

- Preparation of ACB / Board notes for the team.

KEY SKILLS REQUIRED:

- 15 to 22 years' experience in related fields.

- CA is a must qualification

- Comprehensive experience in Retail Asset Audit is mandatory.

- A problem-solving approach to add value/guidance/support to business/functions to bring operational efficiency/maximize resource utilization

- Person having knowledge of related areas of operations/RBI guidelines on banking operations would be preferred