Senior Audit Executive

Eligibility:

• Preferred Qualifications:B.Com or M.Com – Any Specialization
• Minimum 1 years of experience in Concurrent Bank Audits

Job Description:We are looking for a dedicated and experienced Senior Concurrent Bank Audit Executive to conduct on-site concurrent audits at scheduled bank branches. The candidate should have a sound understanding of core banking operations, regulatory compliance, and RBI guidelines.

• Key Responsibilities:Conduct daily/weekly/monthly concurrent audit activities at assigned bank branches.
• Verify transactions related to cash, loans & advances, deposits, clearing operations, safe custody items, and suspense accounts.
• Check regulatory compliance as per RBI circulars and internal bank guidelines.
• Review loan documentation, sanction terms, stock statements, and security valuations.
• Verify KYC compliance and Anti-Money Laundering (AML) norms.
• Report audit observations and prepare concurrent audit reports in prescribed formats.
• Follow up on compliance of previous audit reports and unresolved issues.
• Ensure timely submission of reports to the audit manager and client.
• Skills Required:Practical experience in Concurrent Bank Audits is a must.
• Sound knowledge of core banking systems (CBS) operations.
• Understanding of RBI guidelines, Income Tax, and GST regulations.
• Good report drafting, communication, and interpersonal skills.
• Proficiency in MS Excel and Tally will be an added advantage.

Employment Type:Full-Time

Working Hours:10:00 AM to 7:00 PM (Branch working hours may apply)