
Internal Audit and Quality Assurance Associate Vice President
5 days ago
Associate Vice President- Internal Audit and Quality Assurance
Main Tasks :
•Physical verification of valuables i.e. Cash in hand, Gold packets, Cheque leaves, Stamps etc as to its correctness with Computer generated reports/Registers maintained
• Verification of Documents of Fixed Deposits/Secured Debentures and their interest payments
• Verification of Documents of Secured Loans/Part Withdrawals and their interest receipts
• Veri cation of Bank transactions and utilization of Cheques
• Veri cation of Gold Loan Notice Documents and utilization of stamps
• Veri cation Leave records and other Statutory records of Sta maintained by the branch
• Veri cation of Salary payment records of sta and recovery of excess payments, if any made
• Veri cation of Incentive payment records under various schemes to sta and recovery of excess payments, if any
• Veri cation of Reconciliation statements of HO/RO Accounts
• Veri cation of Gold Loan Documents i.e. Pledge & Release Documents
• Veri cation of Documents of Swarnavarsham Loans disbursed
• Veri cation of various Daily, Weekly & Monthly Statements of Branch
• Vouching of various Receipts & Payments of Branch with Day Book
• Veri cation of authorisation of various payments and Reporting of any unauthorized payments for which ex post facto approval is required
• Veri cation of Western Union money transfer documents
• Veri cation of Auction Documents
• Veri cation of various Registers/Records/Files to be maintained by the Branch as per the standing instructions and as per circulars issued from time to time
• Veri cation previous audit reports and its compliance and reporting any non compliance
• Veri cation of Gold Inspection reports and checking whether all the observations are complied
• Veri cation & reporting of business position as on the date of audit
• Observing & reporting con dentially various malpractices made by the branch sta
• Observing & reporting whether rules and guidelines issued from HO for smooth functioning of branches is followed by sta
• Observing & reporting whether housekeeping, upkeep of branch premises, punctuality in attendance & good customer service etc are followed by branch sta
• Sending various reports as required by the Audit department
• Conducting Handing over/Taking over of branch as and when required by the management and sending reports to Audit dept.
• Veri cation/preparation 29/08/2022, 12:02 2/2 of Bank Reconciliation Statements and helping the branch in passing entries to tally the bank reconciliation
• Veri cation of Bonus/Exgratia payment documents
• Conducting Special Inspection of branches as per the instructions from Department head
• Conducting monthly concurrent audit of forex licensed branches
• Willingness to travel to other states for conducting audit and other related work
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