Job Summary: The Bank Auditor will be responsible for conducting internal audits to assess the effectiveness of risk management, control, and governance processes. This role requires a detail-oriented individual with a strong understanding of banking operations and regulatory requirements. Key Responsibilities: Conduct Audits: - Perform internal audits of various banking functions including operations, finance, compliance, and IT systems. - Evaluate the effectiveness of internal controls and risk management processes. Risk Assessment: - Identify and assess areas of significant business risk. - Develop and implement audit plans and programs to address identified risks. Compliance: - Ensure compliance with applicable laws, regulations, and internal policies. - Stay updated on regulatory changes and advise management on their impact. Reporting: - Prepare detailed audit reports with findings, recommendations, and management responses. - Present audit findings to senior management and the audit committee. Follow-Up: - Monitor and follow up on the implementation of audit recommendations. - Conduct follow-up audits to ensure issues have been addressed and mitigated. Collaboration: - Work closely with other departments to understand their processes and controls. - Provide advisory services as needed to improve operational efficiency and effectiveness. Documentation: - Maintain thorough documentation of audit procedures and findings. - Ensure audit files are organized and complete for review by external auditors and regulators. Qualifications: - Education: Chartered Accountant (CA) qualification is mandatory. Experience: - 1-2 years of experience in auditing, preferably within the banking sector. - Internal audit experience in a Non-Banking Financial Company (NBFC) can also be considered. Skills: - Strong understanding of banking operations, financial reporting, and regulatory requirements. - Excellent analytical, problem-solving, and communication skills. - Proficiency in using audit tools and software. - Ability to work independently and as part of a team.

Mumbai

Auditor -   Bank 

Job Description for Auditor -   Bank  in MGB Advisors Private Limited. in  Mumbai for (0-2) years of experience. Apply Now!