Internal Audit:Auditor - Credit & Overseas
- Mumbai, Maharashtra
- Permanent
- Full-time
INTERNAL USAGE:
No. of Vacancies: Reports to: Lead Auditor : Credit & Overseas
Is a Team leader? No Team Size:
Grade: Senior Manager / Assistant Vice President
Business: Corporate Centre Department:� Internal Audit Sub-Department:
Location: Corporate Office , Worli Mumbai
About Department
Internal Audit function of the Bank, operates independently under the supervision of the Audit Committee of the Board and is responsible for providing an independent view to the Board of Directors and Senior Management on the quality and efficacy of the internal controls, risk management systems, governance systems and processes in place on an on-going basis. This is provided to primarily ensure that the business and support functions are in compliance with both internal and regulatory guidelines
About the Role
The Credit Auditor is responsible for Various audit support activities for Credit Audit vertical which includes conducting Credit audits and process/thematic audits well as Internal Audit of credit risk and market risk of domestic and overseas units
Key Responsibilities� Conducting credit audits and ensuring the following� Timely commencement and closure of audits� Preparation and submission of audit reports/synopsis within stipulated time frame.� Ensuring quality of audit reports, correctness / consistency of data furnished, emphasis on Policies, internal guidelines,� processes, practices and people, revenue assurance, risk coverage� Carrying out other assignments such as review of processes, thematic audits, checklists and special audits,� Investigations as and when required.� Coordination with the concurrent auditors and the internal auditors for effective monitoring and ensuring quality of concurrent audit reports.� Aggregation of common findings and advising the same to the Controllers along with recommendations for corrective action and tracking implementationQualifications� MBA/CA/ICWARole Proficiencies:� Knowledge of Credit Functions Policies, internal guidelines, processes, practices and people, revenue assurance, risk coverage� Ability to carry out assignments such as review of processes, thematic audits, checklists and special audits,investigations as and when required.� Ability to ensure Timely commencement and closure of audits� Good communication (both verbal & written) and inter-personal skills� Strong Excel and database manipulation skills, financial and statistical analysis skills)� Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment� Ability to prioritize and make decisions in a fast-paced environment� Ability to work as a part of team and contribute towards team goals� Ability to manage multiple tasks/projects and deadlines simultaneouslySkills:Refer to the Job DescriptionAbout Company:Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses