Audit Associate

4 days ago

Thrissur, India FAHED AND SUNANDA Full time

About the Role

We are looking for a skilled and responsible Concurrent Audit Associate to plan and conduct concurrent audits of nationalised bank branches. The role requires hands-on experience in bank audits (minimum 3 years), especially in concurrent audits, with the ability to lead and coordinate audit teams, identify irregularities, and ensure completion of audits within defined timelines.

Key Responsibilities

  • Plan and conduct concurrent audits of assigned bank branches strictly in line with the service agreement and audit scope defined by the bank.
  • Coordinate and guide audit team members to ensure timely completion of assignments.
  • Identify income leakages, deficiencies in documentation, and lapses in internal control systems.
  • Ensure strict adherence to RBI guidelines, circulars, and internal bank policies.
  • Review loan sanctions, disbursements, credit documentation, and security compliance.
  • Detect and report irregularities, operational deficiencies, and non-compliances promptly.
  • Prepare structured audit reports with clear findings and recommendations.
  • Follow up on rectification of previous audit observations.

Qualifications & Experience

  • Minimum 3 years of experience in Bank Audits, with specific exposure to Concurrent Audits of Nationalised Banks.
  • Strong knowledge of banking operations, RBI circulars, and regulatory norms.

Skills & Competencies

  • Ability to plan, manage, and execute audit assignments independently.
  • Leadership skills to coordinate and supervise audit teams.
  • Analytical thinking, problem-solving, and attention to detail.
  • Strong communication and report-writing skills.
  • Proficiency in MS Office (Excel/Word).

Application Requirement

Candidates should apply with:

  • Relevant Experience Certificates (Bank Audit / Concurrent Audit)
  • Qualification Certificates

Work Environment

  • Location: Bank branches at Chalakudy
  • Reporting to: Audit Manager / Partner
  • Nature of Work: Field branch audits + reporting at firm's office
  • Minimum required working Period : 1.5 Years

Job Type: Full-time

Pay: ₹150, ₹270,000.00 per year

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