Concurrent Auditor

Role & responsibilities

1. Conduct concurrent audit of Home Loan products, loan disbursements,

collections, and other operational activities to ensure adherence to company

policies, procedures, and relevant regulatory guidelines.

2. Verify the accuracy and completeness of accounting entries, loan

documents, and supporting documentation.

3. Identify and report any deviations, irregularities, or non-compliance with

established procedures or regulatory requirements.

4. Assess the effectiveness of internal controls and make recommendations

for improvements to mitigate risks and enhance operational efficiency.

5. Review loan portfolios, including loan applications, loan agreements,

collateral valuation, and documentation to ensure compliance with credit

policies and regulatory guidelines.

6. Perform periodic reconciliations of accounts, ledgers, and other financial

records to ensure accuracy and detect discrepancies or fraudulent activities.

7. Collaborate with cross-functional teams, including Operations, Credit,

Legal, and Compliance, to address audit findings, resolve issues, and

implement corrective actions.

8. Prepare comprehensive audit reports, including findings, observations, and

recommendations, and present them to management and relevant

stakeholders.

Preferred candidate profile

1. Bachelor's degree in Accounting, Finance, or a related field. A professional

certification such as CA/CA-Intermediate or MBA (Finance) is preferred.

2. Proven experience as an Auditor, preferably in the financial services

industry, with a focus on concurrent auditing.

3. Sound knowledge of accounting principles, internal controls, and auditing

standards.

4. Familiarity with regulatory guidelines and compliance requirements

applicable to housing finance companies in India.

5. Effective communication skills, both verbal and written, with the ability to

prepare clear and concise audit reports and present findings to various

stakeholders.

6. Proficient in using audit software, data analysis tools, and MS Office

applications.

7. Ability to work independently and manage multiple concurrent audits while

adhering to strict deadlines.

8. Ethical conduct, integrity, and the ability to maintain confidentiality when

handling sensitive information.