Junior Auditor Executive

This job is provided by apna.co 1. Audit & Inspection:
Conduct regular and surprise audits of gold loan branches.Verify gold ornaments pledged, their weight, purity, and valuation.Cross-check the actual gold stock with system entries and physical records.Ensure proper tagging, sealing, and storage of gold in the branch vault.Check accuracy of gold loan disbursements and collection records.

• Compliance & Risk Management:
  

Ensure compliance with company SOPs, RBI guidelines, and KYC/AML norms.
Identify operational risks, frauds, and procedural lapses.Report discrepancies, fraud indicators, or irregular practices to higher authorities.

• Documentation & Record Verification:
  

Audit customer files for completeness of documentation.
Verify KYC, loan agreements, sanction letters, and repayment schedules.Check system entries for correctness and completeness.

• Reporting & Recommendations:
  

Prepare detailed audit reports with observations and risk levels.
Recommend corrective actions to branch staff and management.Follow up on implementation of audit recommendations.

• Training & Support:
  

Educate and train branch staff on best practices and updated policies.
Support branches in improving operational efficiency and reducing errors.