Audit Executive
2 days ago
Audit Executive
We are looking for an (on-site) Bank Audit Executive / Senior Audit Associate to join our team in Mysore. The candidate should have a solid understanding of banking regulations, financial controls, and RBI guidelines, and must be capable of handling branch audits independently.
Key Responsibilities:
1. Audit Execution
- Review KYC/AML compliance and internal controls.
- Execute Revenue Audits, focusing on income leakage detection.
- Carry out Stock Audits and Book Debt verification.
- Conduct Concurrent Audits as per RBI guidelines.
- Perform Statutory Branch Audits covering advances, deposits, NPA classification, provisioning, etc.
2. Loans & Advances Verification
- Scrutiny of loan documents, sanction terms, and DP calculations.
- Review collateral security, valuation reports, ROC charge, and insurance compliance.
- Identify stressed assets, SMA/NPA accounts, and provisioning requirements.
3. Reporting
- Prepare detailed audit reports with findings and actionable recommendations.
- Monitor closure of previous audit observations.
- Present audit outcomes to branch management and senior partners.
4. Coordination & Documentation
- Liaise with branch officials and credit teams.
- Maintain working papers, checklists, and supporting documentation.
- Ensure timely submission of all audit deliverables.
Required Skills & Competencies
Technical Skills:
- Strong knowledge of banking operations and RBI norms.
- Experience with CBS systems (Finacle / Flexcube / BaNCS, etc.).
- Excellent analytical ability, DP calculation, and NPA classification knowledge.
- Proficiency in MS Excel and audit tools.
Soft Skills:
- Good communication and report-writing skills.
- Strong problem-solving and coordination skills.
Qualifications:
- B.Com / M.Com / CA-Inter / Semi-qualified CA preferred.
- Minimum 4–5 years of dedicated experience in bank audits.
Job Type: Full-time
Work Location: In person
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