Senior Audit Executive-Business Process

IDFC FIRST Bank; Mumbai; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

IDFC FIRST Bank is seeking an Audit Executive-Business Process within the Internal Audit function. You will support auditing across the bank, develop checklists, conduct timely audits, prepare reports, and contribute to quarterly presentations.

The role requires adherence to audit guidelines and aims to improve efficiency and effectiveness of processes. Ideal candidates will have 5–8 years of related experience, strong communication, and proficiency in MS Office.

Qualifications

• 5–8 years of total work experience, preferably in internal audit or risk management.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication abilities.

Responsibilities

• Assist the Audit Manager in defining audit scope and objectives.
• Execute audit plans within defined timelines.
• Analyze accounting documentation, reports, data, and flowcharts.
• Draft audit reports and document audit findings in a structured manner.
• Prepare presentations for quarterly audit committee meetings.
• Identify indicators of incorrect, unusual, or potentially fraudulent transactions.
• Follow up on compliance with audit recommendations and report status updates.
• Develop operational expertise in core areas and apply this knowledge in audits.
• Maintain professional relationships with auditees to ensure smooth audit execution.
• Capture and share best practices within the audit team.
• Collaborate with internal stakeholders to leverage in-house synergies.
• Stay updated on global market trends and competitor strategies in key markets.
• Contribute to knowledge-building initiatives and team development.

Skills

Analytical thinking

Communication skills

Team collaboration

Attention to detail

MS Office proficiency

Education

Bachelor's degree in a relevant field

Postgraduate degree in related disciplines

Professional qualifications (CA, Law, FRM, CS)

Tools

Microsoft Excel

Audit software

Job description

Job Requirements

Role/ Job Title:

Audit Executive-Business Process

Function/ Department:

Internal Audit

Job Purpose:

As an Audit Executive-Business Process within the Internal Audit function, you will play a key role in supporting the execution of internal audits across the bank. This includes assisting in the development of audit checklists, conducting audits within defined timelines, preparing audit reports, and contributing to quarterly audit presentations. The role demands adherence to the bank's audit guidelines and aims to enhance the efficiency and effectiveness of the audit process, thereby supporting the broader objectives of the organization.

Roles & Responsibilities:

• Assist the Audit Manager in defining the audit scope and objectives.
• Execute audit plans in alignment with agreed timelines.
• Analyze and evaluate accounting documentation, reports, data, and flowcharts.
• Draft audit reports and document audit findings in a structured manner.
• Support the preparation of presentations for quarterly audit committee meetings.
• Identify indicators of incorrect, unusual, or potentially fraudulent transactions.
• Follow up on compliance with audit recommendations and report status updates.
• Develop operational expertise in core areas and apply this knowledge in audits.
• Maintain professional relationships with auditees to ensure smooth audit execution.

Secondary Responsibilities:

• Capture and share best practices within the audit team.
• Collaborate with internal stakeholders to leverage in-house synergies.
• Stay updated on global market trends and competitor strategies in key markets.
• Contribute to knowledge-building initiatives and team development.

Education:

• Graduate Degree in Commerce, Arts, Science, Biology, Business, Computers, Engineering, Management, or related fields.
• Postgraduate Degree in Finance, Marketing, Operations, or related disciplines.
• Professional Qualifications such as CA, Law, FRM, or CS are preferred.

Experience:

• Minimum 5 to 8 years of total work experience, preferably in internal audit, risk management, or related functions.
• Skills and Attributes
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication abilities.
• Ability to work collaboratively and maintain professional relationships.
• High attention to detail and a structured approach to documentation.
• Proficiency in using audit tools and Microsoft Office applications.
• Ability to manage multiple tasks and meet tight deadlines.