
Audit Associate
3 days ago
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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