Compliance Testing Officer - Offsite Monitoring - VP

Yes Bank Ltd.; Mumbai; Sur place; INR 2 500 000 - 3 500 000; Plein temps

Résumé du poste

Yes Bank Ltd. is seeking an experienced professional to oversee risk-based auditing, planning, and compliance testing for regulatory obligations.

The role emphasizes ensuring adequate review coverage aligned with the bank's risk profile and maintaining high documentation standards across planning, fieldwork, and reporting. Responsibilities include designing testing strategies, validating evidence, and coordinating with stakeholders for reports and UAT.

Qualifications

• In depth knowledge of the regulatory environment for Indian banks, especially RBI.
• Strong understanding of Risk-based auditing (RBA), control testing approaches, and workpaper standards.

Responsabilités

• Assess audit universe, risk assessment methodology, and annual audit plan to ensure adequacy of review coverage.
• Ensure risk ratings and audit prioritization are justified and consistently applied.
• Prepare and update Compliance Testing framework and review checklists.
• Prepare offsite monitoring reports for regulatory obligation reviews.
• Perform QA reviews on planning documents (scope, risk & control matrices).
• Perform QA reviews on fieldwork design, sampling, evidence adequacy, and issue grading.
• Ensure testers follow approved methodologies and documentation standards.

Connaissances

Regulatory knowledge

Audit planning

Sampling techniques

Formation

CA / MBA

Description du poste

Responsibilities

Strategy and Planning

• Assess audit universe, risk assessment methodology, and annual audit plan to ensure adequacy of review coverage aligning with banks risk profile.
• To ensure risk ratings and audit prioritization are justified and consistently applied.

Policies, Processes & Procedures

• Preparation and updating of Compliance Testing framework and review checklists in line with the regulatory guidelines/internal policies.
• Preparation of offsite monitoring reports for review of regulatory obligations.

Job specific bucket

Perform QA reviews on:

• Planning documents (review scope, risk & control matrix)
• Fieldwork (test design, sampling, evidence adequacy)
• Issue identification and grading
• Final audit report consistency and clarity
• Validate that Tester follow approved methodologies and documentation standards to ensure proper documentation and working papers are maintained for all the compliance reviews conducted.
• Ensure sampling is riskbased and evidence is complete and traceable.
• Suggest improvements to enhance test efficiency and recommend areas for automation to increase efficiency.
• Prepare offsite monitoring reports which either serves as base data for compliance testing officers for review or are direct exception reports for testing of process efficiency.
• Coordinate with concerned stakeholders for development of reports, perform UAT testing and build automated process for report generation.

People Management

Conduct workshops on documentation standards and testing quality.

Education : CA / MBA

Experience : 8+ Yrs

FUNCTIONAL COMPETENCIES

• In depth knowledge of the regulatory environment for the banks in India particularly RBI.
• Good knowledge of all the elements of Risk-based auditing (RBA), Control testing approaches, Sampling techniques, Workpaper standards, etc.

BEHAVIORAL COMPETENCIES

• Good interpersonal skills.
• Demonstrated ability to drive results and be very effective