Concurrent Auditor || Bandhan Bank

JOB DESCRIPTION
Job Purpose / Summary:

The Auditor Concurrent Audit in Branch Banking is responsible for performing real-time
audits of the branches financial transactions and operations. The role involves verifying compliance with internal policies, regulatory requirements, and assessing the effectiveness of internal controls. The auditor will identify risks, discrepancies, and inefficiencies in the branch's operations, providing timely feedback to branch management and recommending corrective actions to mitigate risks and ensure smooth banking operations. Concurrent Audit (Housing Finance) is responsible for performing real-time audits of various financial and operational activities within the housing finance department. The role involves examining loan origination processes, disbursements, collections, customer account management, and ensuring compliance with regulatory requirements, organizational policies, and industry best practices. The Auditor will also identify discrepancies, report issues, and provide recommendations to enhance internal controls, mitigate risks, and ensure operational efficiency. The Auditor for Concurrent Audit of Small Enterprise Loans plays a key role in assessing the loan portfolio for small enterprises by conducting real-time audits to evaluate adherence to company policies, regulatory requirements, and risk management practices. This role ensures that the loan disbursement, approval, and recovery processes are accurate, compliant, and effective. The Auditor works closely with the audit team and other business units to identify areas of improvement and mitigate potential risks.

Duties and Responsibilities:

Real-Time Auditing Internal Controls Review Compliance Monitoring Transaction Verification Risk Identification Audit Reporting Fraud Detection Training & Awareness Documentation & Record Keeping

Experience / Skillset / Certifications Required:

Educational Qualification- Bachelor's degree in Accounting, Finance, Commerce, or related fields. Relevant Job Experience- Minimum of 1-2 years of experience in auditing in branch banking, risk management, or credit analysis, preferably within the banking or financial services sector. Experience with loan documentation, financial transactions, or housing finance operations is highly beneficial . Skills and Competencies-Proficiency in banking software and Core Banking Systems (CBS).Strong knowledge of MS Excel for data analysis, report preparation, and financial reconciliation.