01Overview
Job Description: Senior auditor Control and Support Functions
Position Type:
Full-Time
Department:
Internal Audit
Location:
Mumbai
Job Summary
The Senior Auditor provides independent, objective assurance on the effectiveness of the banks control and support functions, including Financial Management, Operational Risk, Fraud risk, Compliance, AML etc. This role involves performing complex, risk-based audits to ensure that the risk frameworks, policies, and controls implemented are robust, operating effectively, and compliant with regulatory requirements.
Key Responsibilities
Audit Execution & Risk Assessment
Lead and execute comprehensive internal audits of control and support functions (e.g., Finance, AML, Compliance, Fraud and Operational Risk, Vigilance etc) from planning to reporting, in accordance with auditing standards.
Evaluate the adequacy of the banks Risk Management Framework.
Conduct audits to ensure adherence to regulatory requirements (e.g., RBI Regulations, Tranche I, II and II, KYC, sanctions screening).
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
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
Data Analytics & Process Improvement
Utilize data analytics tools (e.g., IDEA, ACL, Power BI) to perform continuous auditing and identify anomalous trends in risk management.
Contribute to the continuous improvement of the Internal Audit methodology.
Qualifications
Education: CA
Experience: 8+ years of experience in internal audit within the banking industry.
Knowledge: Deep understanding of banking regulations and risk frameworks.
Skills: Exceptional analytical, communication, and report-writing skills. .
