Audit Manager- Treasury & Market Risk

Utkarsh Small Finance Bank; Navi Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Utkarsh Small Finance Bank in Navi Mumbai seeks an experienced auditor to conduct risk-based audits of Treasury, Market Risk, ALM and related functions, ensuring regulatory compliance and effective controls.

You will review investment operations, liquidity risk and the board's risk governance, identify control gaps, track observations, and support timely closure of corrective actions for RBI guidelines and internal policies.

Qualifications

• Strong experience in Treasury Audit, Market Risk Audit, Mid Office Audit, ALM, and Investment Audit.
• Sound understanding of RBI regulations, treasury products, risk management, and banking operations.
• Experience in Small Finance Bank, Private Bank, or Financial Services sector preferred.

Responsibilities

• Conduct risk-based audits of Treasury, Market Risk, ALM, Investment Portfolio, Liquidity Risk, and Mid Office functions.
• Evaluate treasury front, mid, and back-office controls, processes, and regulatory compliance.
• Review investment operations, dealing activities, valuation practices, and limit monitoring framework.
• Assess Market Risk management including Interest Rate Risk, Liquidity Risk, Stress Testing, ICAAP, and regulatory reporting.
• Audit treasury products such as Government Securities, Money Market, Forex, Derivatives, and Fixed Income instruments.
• Validate adherence to RBI guidelines, internal policies, and risk governance frameworks.
• Identify control gaps, operational risks, and process improvement opportunities.
• Track audit observations and ensure timely closure of corrective actions.

Skills

Treasury Audit

Market Risk Audit

ALM

Investment Audit

Regulatory compliance

Risk management

Job description

Role & responsibilities

• Conduct risk-based audits of Treasury, Market Risk, ALM, Investment Portfolio, Liquidity Risk, and Mid Office functions.


• Evaluate treasury front, mid, and back-office controls, processes, and regulatory compliance.


• Review investment operations, dealing activities, valuation practices, and limit monitoring framework.


• Assess Market Risk management including Interest Rate Risk, Liquidity Risk, Stress Testing, ICAAP, and regulatory reporting.


• Audit treasury products such as Government Securities, Money Market, Forex, Derivatives, and Fixed Income instruments.


• Validate adherence to RBI guidelines, internal policies, and risk governance frameworks.


• Identify control gaps, operational risks, and process improvement opportunities.


• Track audit observations and ensure timely closure of corrective actions.

Preferred candidate profile

• Strong experience in Treasury Audit, Market Risk Audit, Mid Office Audit, ALM, and Investment Audit.


• Sound understanding of RBI regulations, treasury products, risk management, and banking operations.


• Experience in Small Finance Bank, Private Bank, or Financial Services sector preferred.