Junior Auditor Executive

You will be responsible for conducting regular and surprise audits of gold loan branches. This will involve verifying the gold ornaments pledged, including their weight, purity, and valuation. You will need to cross-check the actual gold stock with system entries and physical records, ensuring proper tagging, sealing, and storage of gold in the branch vault. Additionally, you will be required to check the accuracy of gold loan disbursements and collection records. In terms of compliance and risk management, you will need to ensure adherence to company SOPs, RBI guidelines, and KYC/AML norms. It will be essential to identify operational risks, frauds, and procedural lapses, and report any discrepancies, fraud indicators, or irregular practices to higher authorities. Your role will also involve auditing customer files for the completeness of documentation and checking system entries for correctness and completeness. As part of reporting and recommendations, you will be expected to prepare detailed audit reports outlining observations and risk levels. You will need to recommend corrective actions to branch staff and management and follow up on the implementation of these recommendations. Furthermore, you will play a crucial role in training and supporting branch staff by educating them on best practices and updated policies. Your support will be instrumental in helping branches improve operational efficiency and reduce errors.,