Internal Audit:Auditor - Strategic Branch Audit

• Internal Audit:Auditor - Strategic Branch Audit
• About the Role
• The role of Auditor involves:

.Conducting audits of the Branches, Service Branch and Currency Chest in accordance with the Banks Policies, Procedures, Regulatory requirements, Internal Audit Standards and leading practices relating to Branches and Currency Chest.

• .Execution of planned audits by adhering to given schedules and ensuring adherence to audit / ISO processes & ICAI standards
• .Review of Compliances of Audit reports submitted by Auditee units
• .Ensuring follow up for closure of reports and files within prescribed timelines.
• Key Responsibilities
• .Conducting internal audits within stipulated time and submission of audit reports based on risk based audit norms.

.Ensuring quality of audit report (depth & coverage) by focusing on root cause analysis and providing qualitative suggestions/recommendations for improvement of processes & mitigation of risk

• .Effective use of off-site audit reports (with special focus on data mining & analysis) for bringing out risks in the audit reports.
• .Conducting planned and unplanned audits and provide qualitative suggestions/recommendations for improvement of processes
• .Updating skill sets and knowledge through continuous readings, attending trainings

.Ensuring timely follow up on closure of audit findings checking the closure in line with the risk and recommendation processing the closure of audit issues / reports as per the policy

• .Timely submission of information relating to audits conducted to internal and external stakeholders.
• Qualifications
• Optimal qualification for success on the job is:
• .Bachelors degree/ University degree or equivalent qualifications.
• .Related certifications (CPA, ACA, CFA, CIA, CISA or similar) preferred.
• 6-8 Years of Experience in Audit (Banking Domain preferred) is preferred.
• .Experience in Branch & Currency Chests audits
• Role Proficiencies:
• .Demonstrate proficient understanding of Banks Policies, Procedures, Regulatory requirements, Internal Audit Standards and leading practices relating to Branches and Currency Chest
• .Knowledge of Business Applications used in banking industry
• .Understanding of statutory and regulatory requirements and policies
• .Working on the preparation of the Audit Calendar for the year basis the residual risk assessment and methodology defined in audit policy of the bank.
• .Conducting specific audits basis plan or trigger based requirements of the bank.

.Drafting of detailed audit reports with assessment details, preparation of supporting workpapers, clearly documenting the observations noted with implications and recommending corrective actions to auditee

• .Coordinating and supporting the Banks compliance team during RBI Audits and other external audits.
• .Good communication (both verbal & written) and inter-personal skills
• .Ability to work as a part of team and contribute towards team goals