BU/SBU Function - Internal Audit-Credit Audit Wholesale
Responsibilities/ Job Description -
- Independently conduct Credit audits of Wholesale products like working capital/SME/MEB/MIB but not retail (Will involve regular travelling).
- Participate in audits of various Businesses with particular emphasis on Product / Operations audits.
- Assist in Planning, designing and implementation of risk based audit plans to ensure safety and soundness of the Bank.
- Ensure completion of assigned audits and documentation of work papers on time.
- Track status of issues reported.
- Assist in keeping relevant processes benchmarked to Best Practices and peer banks.
- Assist in keeping Audit Procedure Manual and checklists current and updated.
- Devise audit checklists for use of internal/concurrent Auditors and test products along with processes/procedures to foresee pitfall and bottlenecks and ensure these are audited/resolved.
- Provide improvement/ suggestions to existing process / systems to line management
- Provide oversight to the Concurrent Audit process.
Ø Ensure submission of concurrent audit reports on time
Ø Ensure regular update of concurrent audit checklists
Ø Ensure appropriate review of concurrent audit issues
Ø Ensure follow-up & rectification of concurrent audit issues
- Require audit experience in working capital/SME/MEB/MIB but not retail
- Qualification-CA/MBA Finance
