2 jobs in HDFC Bank Limited
Team Head-Trade Audit
Posted 2 days ago
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Job Description
Job Purpose:
To lead the audits of Trade Finance portfolio of the bank
Key Responsibility Areas
Actionable
Audit execution
- Review pre-audit preparation and sampling.
- Allocation of audit areas to the auditors based on expertise and mandays available.
- Carry out audit of various areas / activities / departments as per the RBI guidelines / internal policies.
Audit reporting
- Prepare audit reports detailing findings, risks, recommendations, and Management action plans.
- Risk grading and opinion formation.
- Audit finalization, discussion, and closure (including visits to branches / units).
- Effectively communicate audit results to key stakeholders including Senior Management, highlighting areas of concern and opportunities for improvement.
Compliance
- Monitoring and follow up with auditee Management for audit issues resolution.
- Validate evidence submitted for closure of audit issues.
Team management
- Manage and supervise the team of auditors.
Educational Qualifications
Key Skills
- Graduation
- Post-Graduation
- Professional Qualification
- Domain knowledge – Knowledge of bank audit / Trade audits
- Audit expertise – Proficiency in audit methodologies, techniques, and standards
- Analytical skills – Strong analytical skills to analyse complex data, identify trends and assess the effectiveness of controls.
- Communication skills – Strong written and verbal communication skills facilitating audit reporting, presentations and discussions.
- IT skills - Advanced knowledge of MS Word, MS Excel and Power Point is a must.
- Leadership skills – Leadership skills including people management & problem solving to lead the team of auditors.
- Time management - Ability to manage multiple assignments, prioritize tasks and meet deadlines.
Experience Required
- Min. 6 - 7 years of experience in related fields.
Major Stakeholders
Business, Operations & allied units
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Sr. Auditor-Finance Audits
Posted 2 days ago
Job Viewed
Job Description
Job Purpose:
To undertake finance audit of various task assigned as per the audit calendar within the timelines.
Key Responsibility
Audit life cycle
Auditor will be responsible for / assisting in the planning and professional performance of audit assignments and risk assessments for finance and other allied functions. The assignment will require determining tests of controls and/or test of design including but not limited to internal controls, user acceptance test, management/thematic audits, compliance with applicable laws and regulations, accreditation standards, compliance with bank policies and procedures. Carrying out audit as per risk-based approach with coverage of regulatory guidelines, banks internal policy, standard audit procedures and checklist. Sampling of data (as part of pre-audit preparation) to identify exceptions. To effectively track and identify revenue leakage and suggest measures/process to plug the same. Assess the effectiveness of controls implemented to mitigate the risk. Timely, accurate, concise, and effective documentation of audit reports on exceptions observed during the audit.
Audit Observation & Compliance
Carry out effective discussion of audit reports with the auditee (function head/business head/ Unit Head and /or other functionaries of the departments). Tracking of audit observations, Review of response / compliance to audit observations, updation of audit database and closure of audit file.
Others
Keep updated on regulatory guidelines applicable for the area under audit.
Educational Qualifications
· MBA (Finance)
· Chartered Accountant ·
Key Skills
Effective Communication and drafting skills · Analytical ability · Knowledge of MS Word, Excel is mandatory. · Ability to plan & execute Audit plans. · Ability to meet deadlines. · Capable of documenting the audit observations effectively, communicating with the auditee in order to bring about corrective action. · Strong data analysis, data validation and problem-solving abilities. · Capable of identifying the risk and evaluating the effectiveness of the internal control put in place. · Keen attention to detail, self-motivated and inquisitive to learn new areas. · Capability to multi-task & adaptability
Experience Required
- 5 years or more experience in Internal Audit / Finance Unit / Operations unit / of Bank / NBFC Statutory audits with Big Four or Leading Chartered Accountants.
Major Stakeholders
- Staff of various departments / branches
- Finance function
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