Senior Auditor - Audit (Retail Branch Banking)

Job purpose :

• To Carry out the audit of branches / departments etc.

Job Description :

• Carrying out audits of large branches /units independently.
• Carrying out audits of departments having regional operations across multipleb business functions.
• Keep himself/herself updated on Regulatory guidelines in the area of audit.
• Sampling of data extracted from core system  (as part of pre-Audit preparation) to cull-out exception.
• Ensuring complete coverage of scope of review.
• Carrying out audit as per audit checklist / Standard Audit Procedures.
• Collation and finalization of draft audit report (including preparation of executive summary).
• Discussion of audit report with the auditee (BM/CH / Unit Head and /or other functionaries of the departments).
• Assigning of risks to audit observations and arriving at an indicative audit rating (for cases where the overall findings do not indicate serious or critical lapses/reports which are not downgraded).
• Submitting a complete report to reviewer for review.
• To carry out spot audits.
• Review of User Acceptance Test and submit the findings and recommendation to his/her supervisor.
• Recommend for change in processes (as and when warranted and identified during his/her course of Audit review).
• Audit response review and closure.
• Audit database updation.