Audit Executive

Audit Executive

We are looking for an (on-site) Bank Audit Executive / Senior Audit Associate to join our team in Mysore. The candidate should have a solid understanding of banking regulations, financial controls, and RBI guidelines, and must be capable of handling branch audits independently.

Key Responsibilities:

1. Audit Execution

• Review KYC/AML compliance and internal controls.
• Execute Revenue Audits, focusing on income leakage detection.
• Carry out Stock Audits and Book Debt verification.
• Conduct Concurrent Audits as per RBI guidelines.
• Perform Statutory Branch Audits covering advances, deposits, NPA classification, provisioning, etc.

2. Loans & Advances Verification

• Scrutiny of loan documents, sanction terms, and DP calculations.
• Review collateral security, valuation reports, ROC charge, and insurance compliance.
• Identify stressed assets, SMA/NPA accounts, and provisioning requirements.

3. Reporting

• Prepare detailed audit reports with findings and actionable recommendations.
• Monitor closure of previous audit observations.
• Present audit outcomes to branch management and senior partners.

4. Coordination & Documentation

• Liaise with branch officials and credit teams.
• Maintain working papers, checklists, and supporting documentation.
• Ensure timely submission of all audit deliverables.

Required Skills & Competencies

Technical Skills:

• Strong knowledge of banking operations and RBI norms.
• Experience with CBS systems (Finacle / Flexcube / BaNCS, etc.).
• Excellent analytical ability, DP calculation, and NPA classification knowledge.
• Proficiency in MS Excel and audit tools.

Soft Skills:

• Good communication and report-writing skills.
• Strong problem-solving and coordination skills.

Qualifications:

• B.Com / M.Com / CA-Inter / Semi-qualified CA preferred.
• Minimum 4–5 years of dedicated experience in bank audits.

Job Type: Full-time

Work Location: In person