Audit Executive - CA Fresher

Hiring for: A leading domestic Bank

Role: Audit Executive - CA Fresher

Positions: 1

Experience: 0 to 1 years

Location(s): Mumbai

Type: On-site / Permanent

Salary: Up to INR 9 LPA

Notice Period: 15 days

Overall, Job Description:

1.    Agile Auditing

2.    Adherence to laid down process and guidelines for Audits

3.    Adequacy of coverage & timely completion, of the assigned audits

4.    Drafting of observations and audit report

5.    Conducting discussions with auditee units for closure of reports

6.    Creation/Updating of Risk and control matrix, Permanent file, Audit checklist for the units

7.    Maintenance of working papers as per Departments policy

8.    Reporting of critical issues to Audit committee of the Board

9.    Follow up for Audit compliance and ACB Memo preparation, MIS etc.

10.  Review of closure of audit issues

11.  Financial data and Statistical analysis including Data validation

12.  Monitoring of Concurrent audit quality and timelines

13.  Automation of Audit tests

14.  Keeping self-updated of statutory guidelines issued by various regulators like RBI, SEBI, NSDL, FEDAI, IRDA, PFRDA and DGFT from time to time

Below is their small brief for various roles within Internal Audit

1)    IS Auditor (Mumbai)

a.    Audit IT applications, infrastructure, and cybersecurity

b.    Finalization of audit reports and compliance tracking

2)    Credit Auditor (Mumbai)

a.    Conduct Credit Audits in line with RBI LRM guidelines

b.    Evaluate asset quality and recommend process improvements

3)    Branch Auditor (Mumbai)

a.     Execute risk-based branch audits

b.    Perform data analysis, issue validation, and report closure

4)    Product & Process Auditor (Mumbai)

a.    Understanding bank products & policies, developing audit scopes and checklists.

b.    Ensuring adherence to audit processes, staying updated on industry regulations etc.

5)    Retail Assets Auditor (Mumbai)

a.    Experience in Retail Assets.

b.    Experience in Vehicle Finance/ Gold Loan, Loan Against property, Agri Finance, Business Loans.

Education and Work Experience Requirements:

Education: Postgraduate/MBA, CA

Work Experience: Fresher to up to 2 years

Good to have:

1.    Knowledge of MS-Office (Excel, word, Power-point)

2.    Good written and oral communication and presentation skills

3.    Understanding of General Banking Operations

4.    Self-motivated and inquisitive to learn new areas