Senior Auditor - Control & Support Functions Audit

YES BANK; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

YES BANK is seeking a Senior Auditor for the Internal Audit department in Mumbai to provide independent assurance over control and support functions such as Finance, AML, Compliance, Fraud, and Operational Risk.

The role involves leading risk-based audits, evaluating the Risk Management Framework, and delivering high-quality reports to senior management and the Audit Committee. Strong data analytics and stakeholder advisory skills are essential.

Qualifications

• CA with 8+ years of banking internal audit experience.
• Strong knowledge of RBI regulations and risk frameworks.
• Excellent analytical, communication, and report-writing skills.

Responsibilities

• Audit execution and risk assessment for control and support functions.
• Lead audits from planning to reporting in line with standards.
• Evaluate the bank’s risk management framework.
• Identify control gaps and provide actionable recommendations.
• Stakeholder management and advisory to senior management.
• Review and report on oversight by Business Heads.
• Prepare audit reports for Audit Committee and Exec Management.
• Track remediation of audit findings and ensure closure.
• Utilize data analytics tools to detect risk trends.
• Contribute to continuous improvement of IA methodology.

Skills

Internal audit

Regulatory knowledge

Data analytics

Stakeholder management

Education

CA

Tools

IDEA

ACL

Power BI

Job description

Job Description: Senior auditor – Control and Support Functions

Position Type: Full-Time

Department: Internal Audit

Location: Mumbai

Job Summary

The Senior Auditor provides independent, objective assurance on the effectiveness of the bank’s control and support functions, including Financial Management, Operational Risk, Fraud risk, Compliance, AML etc. This role involves performing complex, risk-based audits to ensure that the risk frameworks, policies, and controls implemented are robust, operating effectively, and compliant with regulatory requirements.

Key Responsibilities

• Audit Execution & Risk Assessment
• Lead and execute comprehensive internal audits of control and support functions (e.g., Finance, AML, Compliance, Fraud and Operational Risk, Vigilance etc) from planning to reporting, in accordance with auditing standards.
• Evaluate the adequacy of the bank’s Risk Management Framework.
• Conduct audits to ensure adherence to regulatory requirements (e.g., RBI Regulations, Tranche I, II and II, KYC, sanctions screening).
• Identify control gaps and emerging risks within the control functions, providing actionable recommendations to enhance control effectiveness.
• 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.
• 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
• 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.

Qualifications

• Education: CA
• Experience: 8+ years of experience in internal audit within the banking industry.
• Knowledge: Deep understanding of banking regulations and risk frameworks.
• Skills: Exceptional analytical, communication, and report-writing skills.