Graduate Fresher for Bank Concurrent Audit (Digital Transaction Monitoring)

Location: Airoli, Mindspace Knowledge Park, Navi Mumbai

Requirement – 2 Staff

Scope of Concurrent Audit - Digital Transaction Monitoring:

As a part of the Concurrent Audit team for Digital Transaction Monitoring, you will be responsible for ensuring the accuracy and compliance of digital transactions within the bank.

The areas to be covered include:

1.Review of Closed Alerts:

Daily review of closed alerts along with the quality of closure by analysts and reviewers.

2.Review of Non-case Manager Alerts:

Examination of alerts closed by analysts outside the case manager, such as those generated through BIU reports, manual alerts, or excel template-based alerts.

3.Reconciliation of Alerts:

Monthly reconciliation of alerts generated by core systems (e.g., Clari5, FRM, Falcon) against alerts attended by analysts in respective case managers.

4.Scenario-Wise Alert Review:

Monthly review of scenario-wise alerts to assess the concentration of alerts in any scenario, trend analysis, and scenarios with Nil alerts.

In addition to the above scope, you will need to cover all internal guidelines issued by the Bank as well as the guidelines issued by RBI and other regulators on a time-to-time basis.

Responsibilities:

•Conduct process walk-throughs and substantive checking based on the provided scope.

•Utilize detailed audit checklists, report formats, exception reports, system reports, circulars, manuals, and guidelines of the Bank for conducting the audit.

•Submit audit reports to the Unit on a monthly basis (both soft and hard copies) before the last day of the succeeding month.

•Discuss and agree upon all issues with the Units.

•Use provided workstations and email IDs for communication during the audit assignment.

Salary and Benefits:

• Payroll at ₹8000 per month.

•Conveyance: Provided by the company.

Main Benefits:

1.Professional Experience: Gain valuable experience working with a scheduled bank as an auditor.

2.Career Opportunities: Enhance your job prospects and ease of securing employment in any bank.

3.Certification: Receive a certificate from a CA firm stating that you have worked as an auditor for a nationalized bank.

Qualifications:

•Recent graduate (Bachelor's degree in Commerce, Finance, or related field preferred).

•Strong analytical and problem-solving skills.

•Attention to detail and ability to work independently.

•Basic understanding of banking operations and regulations.

•Proficiency in Microsoft Excel and other relevant software.

•Good communication and interpersonal skills.

Application Process:

Interested candidates are invited to submit their resumes along with a cover letter detailing their interest and qualifications for this role.

Contact Information:

•Email: arvind@cncfirm.in

•Phone: +91 75678 16836

Join us for a unique opportunity to jumpstart your career in the banking sector under guidance of a CA Firm and gain valuable auditing experience!