
Audit Executive
2 days ago
Key responsibilities associated with an auditor in a bank with a KYC focus:
**Compliance Assessment**:
Review and assess the bank's compliance with local and international KYC regulations.
Ensure that the bank's KYC policies and procedures align with regulatory requirements.
**Audit Planning**:
Develop audit plans that outline the scope, objectives, and methodologies for assessing KYC processes.
Identify key risk areas and prioritize audit activities based on risk assessments.
**KYC Process Evaluation**:
Evaluate the effectiveness of the bank's KYC processes, including customer identification, due diligence, and ongoing monitoring.
**Documentation Review**:
Examine customer files and documentation to ensure completeness, accuracy, and compliance with KYC policies.
Verify the proper retention of records as required by regulations.
**Regulatory Updates**:
Stay informed about changes in KYC regulations and industry standards.
Update audit procedures and processes to reflect regulatory changes.
**Collaboration**:
Work closely with other internal audit teams, compliance officers, and relevant departments to ensure a holistic approach to risk management and compliance.
**Job Types**: Full-time, Part-time, Internship
Contract length: 12 months
**Salary**: From ₹20,000.00 per month
Schedule:
- Day shift
Supplemental pay types:
- Overtime pay
- Shift allowance
**Experience**:
- total work: 1 year (preferred)
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