Risk Audit

Hiring for: A leading private sector bank in India, offering a wide range of banking and financial services to corporate, retail, and institutional clients.

Role: Risk Audit

Positions: 1

Experience: 5 to 15 years

Location(s): Mumbai

Type: On-site / Permanent

Salary: Up to INR 35 LPA

Role Details

Prime responsibility would be to perform internal audits of

·      Internal audit Risk areas such as

Ø Liquidity i.e., LCR, NSFR, IRS, SLS, Behavioural studies, IDL and other aspects related to Liquidity and ALM. Mid-office

Ø Mid-office related risk limit reviews i.e., VAR, SLL, PV01, MD and all other limits related treasury products.

Ø Operational risk related reviews i.e., RCSA, KRI, BCP and other process related reviews.

Ø Credit risk related reviews such as asset quality review, pricing (MCLR and asset pricing), model review and review of other process.

ICAAP (Pillar I, II and III), Stress testing, Model validations and ECG related risk.

Overall Job Description

The internal audit role would include the following:

·      Plan and conduct internal audits in line with the extant regulations, policies and processes with emphasis on data analysis.  

·      Creation/Updation of the Risk and Control matrix, Permanent file, Audit checklist for the units

·      Participate in finalizing of the reports after discussing with Management.

·      Report findings periodically to the Management, Board and ACB

·      Track compliance of past observations pending closure

·      Oversight the concurrent audits of the treasury and risk areas

·      The job would also involve providing assistance to the central internal audit function for carrying out audits pertaining to various other units/area.