Vertical Head - Trade & Remittance Audit

Description:

- Independently, conducting Internal Audit of Trade Finance and SWIFT related controls.

- Regular review and update of Internal and Concurrent audit checklist ensuring the adequate coverage of regulatory guidelines and internal controls.

- Ensure completion of assigned audits on time and maintaining audit related work papers and updating in the auditing system/application.

- Articulating the audit observation and preparation of the audit report.

- Discussion of the audit report with the Team leader, Head of Audit and with the auditee to conclude the audit report.

- Management of pending / open audit issues.

- Conduct testing for RBS Tranche III related controls.

- Submission of the adhoc or periodic MIS as per the requirement of the stakeholders.

- Provide improvement/suggestions to existing process/systems to line management.

- Managing the concurrent audit process:

1. Ensure submission of concurrent audit reports on time

2. Ensure regular update of concurrent audit checklists

3. Ensure appropriate review of concurrent audit issues

4. Ensure follow-up & rectification of concurrent audit issues