Sliceit - Manager - Internal Audit

Description:

The Management Auditor will be responsible for conducting financial/process audits in a Small Finance Bank (SFB) setup, ensuring compliance with RBI guidelines, internal policies, and industry best practices.

The role requires an in-depth review of the areas of operation/HO functions including specialized areas like Risk Models, Revenue, Financial Control, Credit, Liquidity, Treasury, and Taxation functions etc

What you will do:

- Conduct financial/process/product audits including specialized areas like Risk Models, Revenue, Financial control, Credit, Liquidity, Treasury, Taxation etc.

- processes to ensure adherence to RBI guidelines and internal policies.

- Assess the design and operating effectiveness of internal controls, Governance and risk management framework.

- Ensure processes and controls are aligned with RBI circulars and regulatory expectations.

- Assess major risks like credit, operational, Market, liquidity, regulatory

- Review loan appraisal , disbursement processes, monitoring, credit risk assessments.

- Evaluate liquidity management strategies, ALM (Asset Liability Management), and treasury functions for regulatory compliance.

- Identify key financial risks, escalate critical audit findings, and provide recommendations to mitigate risks.

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

- Monitor corrective actions on audit observations and follow up on remediation efforts.

- Stay updated with regulatory changes, emerging risks, and best practices in banking audit.

What you will need:

- Strong knowledge of internal audit process, risk management, credit processes, liquidity management, and treasury operations in banking.

- Familiarity with RBI circulars, and other banking regulations.

- Ability to assess complex financial transactions, identify control weaknesses, and suggest improvements.

- Hands-on experience in risk-based audit methodologies, internal controls evaluation, and fraud detection.

- Strong ability to present audit findings, draft detailed reports, and communicate recommendations effectively.

- High level of accuracy and thoroughness in reviewing financial statements, policies, and controls.

- Proficiency in banking software systems like CBS, LOS, LMS, CRM

Experience & Qualifications:

- CA (Chartered Accountant) or MBA/M.Com

- 2 to 6 years of experience in Banking Audit, preferably within Small Finance Banks.

- Prior experience in Risk Model reviews, credit risk, liquidity management, and regulatory compliance audits will be given preference