Audit-Team Head-Trade Audit

HDFC Bank Limited; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

HDFC Bank Limited in Mumbai seeks an experienced Audit-Team Head-Trade Audit to lead audits of the Trade Finance portfolio, ensuring compliance with RBI guidelines and internal policies. You will oversee audit execution, sampling, and reporting to senior management.

The role requires Graduation and Post-Graduation with domain knowledge in bank and trade audits, plus strong leadership, analytical, and communication skills to allocate mandays and finalize audit opinions.

Qualifications

• Graduation and Post-Graduation are required.
• Domain knowledge in bank audits and trade audits is expected.
• Strong leadership and communication skills are essential.

Responsibilities

• Audit Execution: Ensure audit execution responsibilities are completed.
• Audit Reporting: Review pre-audit preparation and sampling, allocate audit areas, conduct audits per RBI guidelines.
• Compliance: Monitor and follow up on audit issue resolutions and validate evidence for closure.
• Team Management: Manage and supervise a team of auditors.

Skills

Audit methodologies

Analytical skills

Communication skills

Leadership

Time management

Education

Graduation

Post-Graduation

Job description

Job Title

Audit-Team Head-Trade Audit

Business Unit

Audit

Reporting To

Zonal Head - Audit / Regional Head

Job Function and Role Type

Audit, Supervisory

Version No

3.0

Job Purpose

To lead audits of the Trade Finance portfolio of the bank, ensuring compliance with regulatory and internal policies.

Key Responsibilities

Audit Execution

Ensure Audit Execution responsibilities are completed.

Audit Reporting

Review pre-audit preparation and sampling.

Allocate audit areas based on expertise and available mandays.

Conduct audits as per RBI guidelines and internal policies.

Prepare audit reports with findings, risks, and recommendations.

Formulate risk grading and finalize audit opinions.

Communicate results to Senior Management, highlighting concerns and improvements.

Compliance

Monitor and follow up on audit issue resolutions.

Validate evidence for closure of audit issues.

Team Management

Manage and supervise a team of auditors.

Education:

Graduation, Post-Graduation.

Certifications:

Domain knowledge in bank audits, Trade audits.

Key Competencies

Audit methodologies, Analytical skills, Communication skills, Leadership, Time management.

Major Stakeholders

Business, Operations, and allied units.

Required Skills

Refer to the Job Description