Functional Auditor

Muthoot FinCorp (MFL)

Thiruvananthapuram

On-site

INR 900,000 - 1,300,000

Full time

14 days+

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Qualifications

  • 4-5 years of overall experience in Functional/Process or Management Audit in Banking and NBFC.

Responsibilities

  • Role and responsibilities include conducting risk-based audits, following RBI guidelines, and preparing observations with root cause, risk/impact, and recommendations.
  • Lead and coordinate audit activities across functions and branches; present findings to auditee and senior stakeholders.
  • Identify gaps, control weaknesses, and process inefficiencies and propose practical improvements.

Skills

risk-based audit planning
RBI guidelines
audit reports with observations
assess risks across functions
identify gaps and control weaknesses
analyze audit findings and recommend
prioritize high-risk areas
problem-solving mindset
presentation of audit findings
walkthroughs and explanations
coordination with auditors
integrity and professionalism
attention to detail
work under pressure
collaborative approach

Education

MBA/M.Com
CA/CMA/CIMA/ACCA advantageous

Job description

KEY SKILLS & BEHAVIOURAL ATTRIBUTES
Technical Skills
  • Strong knowledge of risk-based audit planning and execution.
  • Familiarity with RBI guidelines, circulars, and regulatory updates.
  • Experience in preparing audit reports with observations, root cause, risk/impact, and recommendations.
Analytical and Problem-Solving Skills
  • Capability to assess risks across functions and branches.
  • Skill in identifying gaps, control weaknesses, and process inefficiencies.
  • Ability to analyze audit findings and recommend practical solutions.
  • Strong judgment in prioritizing high-risk areas for audit focus.
  • Problem-solving mindset to address issues during audit execution and follow-up.
Communication Skills
  • Effective presentation of audit findings to auditee.
  • Ability to conduct walkthroughs and explain audit procedures to auditees.
  • Strong coordination skills with internal, external, and specialized auditors.
Behavioural Competencies
  • Integrity and professionalism in handling sensitive audit information.
  • Attention to detail and commitment to audit quality.
  • Ability to work under pressure and manage multiple audits.
  • Collaborative approach in coordinating with different audit teams.
EDUCATION / EXPERIENCE
Qualification:
  • MBA/M.com degree relevant for performing the role described in job description Chartered Accountant (CA)/ CMA/CIMA, ACCA qualification is an added advantage
Nature of Experience:
  • 4-5 years of overall experience in Functional /Process or Management Audit in Banking and NBFC.Role & responsibilities
Preferred candidate profile
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