Senior Auditor

Yes Bank; Mumbai; On-site; INR 2,400,000 - 3,600,000; Full time

Job summary

Yes Bank invites a senior Internal Auditor to lead audits of Finance and Procurement, from planning to reporting, ensuring adherence to banking regulations and accounting standards.

The role emphasizes stakeholder management, clear reporting to the Audit Committee, and the use of data analytics tools such as IDEA, ACL and Power BI to detect risks and drive process improvements.

Qualifications

• CA with 10+ years of internal audit experience in banking.
• Deep knowledge of banking regulations and accounting standards.
• Strong analytical, report-writing, and communication skills.

Responsibilities

• Lead internal audits of Finance and Procurement from planning to reporting.
• Engage with senior management to advise on controls and risk.
• Prepare audit reports for Audit Committee and Executive Management.
• Use data analytics tools to identify trends and improve processes.

Skills

Audit

Stakeholder management

Data analytics

Report writing

Communication

Education

CA

Tools

Power BI

IDEA

ACL

Job description

Role & responsibilities

1. Audit Execution & Risk Assessment

• Lead and execute comprehensive internal audits of Finance and Procurement functions from planning to reporting, in accordance with auditing and accounting standards.
• AuditInter-branch and Inter-bank account reconciliations, identifying and reporting unreconciled long-outstanding entries that may pose financial risk
• Evaluate the adequacy of the banks Risk Management Framework.
• Review the accuracy and timeliness of periodic returns submitted to the RBI, includingCRR/SLRcalculations
• Conduct audits to ensure adherence to regulatory requirements (e.g., RBI Regulations, Tranche I, II and II).
• ScrutinizeSuspense Accountsand transit accounts for long-outstanding items,
• Identify control gaps and emerging risks within the control functions, providing actionable recommendations to enhance control effectiveness.

2. Stakeholder Management & Advisory

• Build and maintain strong relationships with senior management within the Business, Finance, IT, Risk and Compliance departments, acting as a trusted advisor.
• Review and report on the effectiveness of the Business Heads oversight.

3. Reporting & Follow-up

• Prepare high-quality audit reports detailing findings, risks, and recommendations for the Audit Committee and Executive Management.
• Track and validate the remediation of audit findings by stakeholders to ensure timely closure

4. Data Analytics & Process Improvement

• Utilize data analytics tools (e.g., IDEA, ACL, Power BI) to perform continuous auditing and identify anomalous trends in risk management.
• Contribute to the continuous improvement of the Internal Audit methodology.

Preferred candidate profile

• Education:CA
• Experience:10+ years of experience in internal audit within the banking industry.
• Knowledge:Deep understanding of banking regulations and accounting standards.
• Skills:Exceptional analytical, communication, and report-writing skills.