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Suryoday Small Finance Bank Internal Auditor Interview Questions and Answers

Updated 29 May 2024

Suryoday Small Finance Bank Internal Auditor Interview Experiences

2 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before May 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. MS Office Knowledge
  • Q2. RBI Circular updates
Round 2 - Technical 

(2 Questions)

  • Q1. Retail Banking related circulars and processes
  • Q2. Past experience in Audit
  • Ans. 

    I have 5 years of experience in conducting audits for various companies.

    • Conducted financial audits to ensure compliance with regulations

    • Performed operational audits to identify inefficiencies and recommend improvements

    • Collaborated with cross-functional teams to implement audit recommendations

    • Utilized data analytics tools to enhance audit procedures

  • Answered by AI

Internal Auditor Interview Questions & Answers

user image chanda singh

posted on 4 May 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Nov 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

1hrs apti,reasoning,english

Round 2 - Group Discussion 

15min current trends cashless economy

Round 3 - One-on-one 

(1 Question)

  • Q1. Why internal audit
  • Ans. 

    Internal audit ensures compliance, risk management, and operational efficiency within an organization.

    • Ensures compliance with laws, regulations, and internal policies

    • Identifies and mitigates risks that could impact the organization

    • Improves operational efficiency and effectiveness

    • Provides valuable insights and recommendations to management

    • Helps in safeguarding assets and enhancing governance processes

  • Answered by AI

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Interview questions from similar companies

I applied via Naukri.com and was interviewed in Feb 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Domain knowledge, previous experience
  • Q2. Why Axis bank

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared with the domain knowledge and be confident.

I applied via Naukri.com and was interviewed in Aug 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Aptitude Test 

It was basically based on the behavioural aspects of the concerned candidate.

Round 3 - HR 

(4 Questions)

  • Q1. What is your family background?
  • Q2. What are your strengths and weaknesses?
  • Q3. Tell me about yourself.
  • Q4. Interviewers more grilled me on the job position knowledge for which I was shortlisted for the resume.

Interview Preparation Tips

Topics to prepare for ICICI Bank Internal Auditor interview:
  • Latest budget updates
  • about current affairs
Interview preparation tips for other job seekers - I would advice that be precise, be honest, be competent & be confident to answer all the questions put forward.

Mere academic knowledge is not enough to be selected for any job position. Moreover, he/ she should be more practical to work in the real space.

In an interview, pls do not hesitate at all and give answers with a confidence and a smile.

Just brush up with the latest academic and professional updates if you are applying for the professional services.

Also, If you don’t know answer to any question, simply say Sorry and reply gently that sir, I will learn in that area.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Jan 2025.

Round 1 - HR 

(4 Questions)

  • Q1. About myself and based on resume
  • Q2. About my skills and studies
  • Q3. About my qualification
  • Q4. About my certification
Round 1 - One-on-one 

(1 Question)

  • Q1. Normal questions just introduction

Interview Preparation Tips

Interview preparation tips for other job seekers - No format very formal question
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your experience
  • Q2. How you do business audit
  • Ans. 

    I conduct business audits by thoroughly examining financial records, internal controls, and compliance with regulations.

    • Reviewing financial statements and transactions for accuracy

    • Assessing internal controls to ensure they are effective and efficient

    • Evaluating compliance with laws and regulations

    • Identifying areas of improvement and making recommendations

    • Communicating findings to management and stakeholders

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-

I applied via Campus Placement

Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me what work u handled

Interview Preparation Tips

Interview preparation tips for other job seekers - Ok
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Mar 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. What is Internal Audit and why we need it ?
  • Ans. 

    Internal Audit is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.

    • Internal Audit evaluates the effectiveness of risk management, control, and governance processes within an organization.

    • It helps identify areas of improvement and provides recommendations for enhancing internal controls.

    • Internal Audit helps ensure compliance with laws, regulations...

  • Answered by AI
  • Q2. Risks in banking industry.
  • Ans. 

    Risks in banking industry include credit risk, market risk, operational risk, and regulatory risk.

    • Credit risk: the risk of borrowers defaulting on loans

    • Market risk: the risk of financial losses due to changes in market conditions

    • Operational risk: the risk of losses due to internal processes, people, and systems

    • Regulatory risk: the risk of non-compliance with regulations and laws

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Master your CV well. 1 st round is tougher than second one.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Jun 2024. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. What is the major risk associated with the banks.
  • Ans. 

    The major risk associated with banks is credit risk.

    • Credit risk is the risk of borrowers defaulting on their loans or not making payments on time.

    • Banks face credit risk when lending money to individuals, businesses, or other financial institutions.

    • Credit risk can lead to financial losses for banks if borrowers fail to repay their loans.

    • Banks use credit analysis and risk management techniques to assess and mitigate cred...

  • Answered by AI
  • Q2. Process of Audit
  • Ans. 

    The process of audit involves planning, executing, and reporting on the examination and evaluation of an organization's financial or operational processes.

    • Planning phase involves understanding the organization's objectives, risks, and controls.

    • Execution phase includes gathering evidence, testing controls, and identifying any issues or discrepancies.

    • Reporting phase involves communicating findings, recommendations, and c

  • Answered by AI
Round 2 - Technical 

(2 Questions)

  • Q1. What have you done in your articleship and it’s related exposure in brief.
  • Q2. Behavioural questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be confident and patient during the interview process .
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Suryoday Small Finance Bank Interview FAQs

How many rounds are there in Suryoday Small Finance Bank Internal Auditor interview?
Suryoday Small Finance Bank interview process usually has 2-3 rounds. The most common rounds in the Suryoday Small Finance Bank interview process are One-on-one Round, Aptitude Test and Group Discussion.
What are the top questions asked in Suryoday Small Finance Bank Internal Auditor interview?

Some of the top questions asked at the Suryoday Small Finance Bank Internal Auditor interview -

  1. Past experience in Au...read more
  2. Why internal au...read more
  3. Retail Banking related circulars and proces...read more

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Suryoday Small Finance Bank Internal Auditor Interview Process

based on 3 interviews

Interview experience

4
  
Good
View more
Suryoday Small Finance Bank Internal Auditor Salary
based on 5 salaries
₹2.1 L/yr - ₹7.5 L/yr
31% less than the average Internal Auditor Salary in India
View more details

Suryoday Small Finance Bank Internal Auditor Reviews and Ratings

based on 4 reviews

2.2/5

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1.3

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1.2

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3.0

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3.1

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1.3

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1.2

Promotions

1.3

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