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Job Summary

The Senior Auditor provides independent, objective assurance on the effectiveness of the banks Finance functions. The role involves testing end-to-end controls for accounting entries, general ledger management, and statutory reporting.

Key Responsibilities

Audit Execution & Risk Assessment

Lead and execute comprehensive internal audits of Finance and Procurement functions from planning to reporting, in accordance with auditing and accounting standards.
Audit Inter-branch and Inter-bank account reconciliations, identifying and reporting unreconciled long-outstanding entries that may pose financial risk Evaluate the adequacy of the banks Risk Management Framework.
Review the accuracy and timeliness of periodic returns submitted to the RBI, including CRR/SLR calculations
Conduct audits to ensure adherence to regulatory requirements (e.g., RBI Regulations, Tranche I, II and II).
Scrutinize Suspense Accounts and transit accounts for long-outstanding items, Identify control gaps and emerging risks within the control functions, providing actionable recommendations to enhance control effectiveness.

Stakeholder Management & Advisory

Build and maintain strong relationships with senior management within the Business, Finance, IT, Risk and Compliance departments, acting as a trusted advisor.
Review and report on the effectiveness of the Business Heads oversight.

Reporting & Follow-up

Reporting & Follow-up Prepare high-quality audit reports detailing findings, risks, and recommendations for the Audit Committee and Executive Management.
Track and validate the remediation of audit findings by stakeholders to ensure timely closure