AddressHiring for Leading Private Bank
Loc. - Kolkata (Onsite)
Job Description
- Responsible for reviewing financial documents to identify areas of risk for the bank advances.
- Identify ways to reduce risk to determine the quality of the advances as per the industry
- & to check whether the same has been processed after meeting all the regulation & guideline of the bank.
- Communicate audit findings to auditee on a concurrent basis basis & ensure to comply within the stipulated time frame.
- Follow up for the responses from the respective audit verticals within a specified time line.
- Perform compliance testing on the compliance confirmation submitted by auditee
- Evaluate the effectiveness of internal controls. Identify areas of improvement & provide
- recommendations.
- Periodic evaluation of new process implemented by Corporate Banking Operation team
- Liaison between business, CBO & HO Audit team for successful completion of audit report for a particular month.
- Protects big ticket size Corporate Banking advances by ensuring compliance with internal
- procedures & regulations.
- Ensure compliance with established internal control procedures by examining record, reports, operating practices & including KYC & collateral property documentation.
- Appraise adequacy of internal control systems by completing audit checklist on a regular basis.
- Communicates audit findings by preparing monthly audit report after discussing findings with auditee.
- Complies with federal, state and local security legal requirements by studying existing and
- introduced security legislation enforcing adherence to requirements and advising
- on needed actions.
- Prepare special & thematic audit & control reports by collecting, analysing and summarizing
- information and market trends.
- Verifies property documents & check the authenticity of the primary as well as collaterals at
- different CTMC hubs by travelling to the locations on a monthly basis.
- Tracking & follow up of pending compliance documents as per the post disbursal conditions.
Skills Required
- Auditing of big ticket size advances provided to SME/AGRI/MFI/ NBFC
- Knowledge of Legal compliance of advances
- Knowledge of Sanction & disbursement documentation
- Presentation skills
- Computer skills MS Office/ Excel & Power Point
- Understanding of guidelines & banking norms of Corporate Banking Business
- Integrity
Experience: 0.00-0.00 Years
