Auditor

YES BANK; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

YES BANK is seeking an Audit executive in Mumbai to conduct independent reviews of the Wholesale Banking portfolio, ensuring accuracy, compliance, and effectiveness of credit processes, risk management and loan documentation.

The role includes planning, executing and reporting audit findings, tracking issues, maintaining audit checklists, and driving improvements across Wholesale Banking operations.

Qualifications

• Responsibilities include independent reviews/audits of Wholesale Banking portfolio to ensure accuracy, compliance, and effectiveness of credit processes, risk management and loan documentation.
• Participate in audits of businesses, processes and operations related to Wholesale Banking.
• Understand Credit Risk management, regulatory requirements and internal policies with focus on mitigating risks.

Responsibilities

• Drafting and issuance of findings and discussion with Auditee for closure of same.
• Assist in planning, designing and implementation of risk-based audit plans for safety and soundness.
• Ensure completion of assigned audits and documentation of work papers on time.
• Track status of issues reported and closure of open audit points.
• Assist in keeping processes benchmarked to best practices and peer banks.
• Keep Audit Procedure Manual and checklists current and updated.
• Provide improvement/suggestions to existing processes/systems to line management.
• Provide oversight to the Concurrent Audit process.
• Ensure submission of concurrent audit reports on time.
• Ensure regular update of concurrent audit checklists.
• Ensure appropriate review of concurrent audit issues and follow-up/rectification of concurrent audit issues.

Job description

Responsibilities/ Job Description

• Responsible for conducting independent review /audits of the Wholesale Banking portfolio to ensure the accuracy, compliance, and effectiveness of Credit Processes, risk management and loan documentation.
• Participate in audits of various businesses, processes and operations related to Wholesale Banking.
• The position will require in-depth understanding of Credit Risk management, Regulatory requirements, and internal policies with focus on mitigating risks.
• Drafting and issuance of findings and discussion with Auditee for closure of same.
• Assist in Planning, designing and implementation of risk based audit plans to ensure safety and soundness of the Bank.
• Ensure completion of assigned audits and documentation of work papers on time.
• Track status of issues reported and closure of open audit points.
• Assist in keeping relevant processes benchmarked to the Best Practices and peer banks.
• Assist in keeping Audit Procedure Manual and checklists current and updated.
• Provide improvement/ suggestions to existing process / systems to line management
• Provide oversight to the Concurrent Audit process.
• Ensure submission of concurrent audit reports on time
• Ensure regular update of concurrent audit checklists
• Ensure appropriate review of concurrent audit issues
• Ensure follow-up & rectification of concurrent audit issues

BU/Function

Audit

Name of Executive

Employee Number

Reporting to

Head – Credit Audit

Position