Senior Vice President – Treasury & Risk Audit – Bank Dimensions HRD Consultants

The Corporate Institute; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

The Corporate Institute in Mumbai is seeking a Vertical Head – Treasury & Risk Audit to lead end-to-end internal audits across treasury and risk functions. You will plan and execute audits, supervise teams, and present findings to senior leadership and the Audit Committee.

The role requires 15+ years in treasury and risk audits, strong knowledge of ICAAP, stress testing, ALM, and regulatory reporting; travel readiness and the ability to drive continuous improvement in controls and processes.

Qualifications

• 15+ years in Treasury & Risk Audits
• Experience in Bank Treasury, Risk, or Financial Control functions
• Strong knowledge of ICAAP, Stress Testing, ALM, and regulatory reporting
• Willingness to travel

Responsibilities

• Plan and execute Internal Audits across Treasury operations and Risk functions
• Lead audits of Treasury areas such as Forex, Derivatives, Investments, Money Market, and regulatory reporting
• Lead audits of Risk areas including ICAAP, Stress Testing, Operational Risk, Model Risk, ALM (SLS, IRRBB, LCR, NSFR, Leverage)
• Prepare audit reports with observations, root cause analysis, and recommendations
• Communicate audit findings to senior management and Audit Committee
• Supervise, manage, and guide audit team members; monitor performance

Job description

Job Title: Vertical Head – Treasury & Risk Audit

Reports To: Head – Treasury & Risk Audit

Function: Internal Audit

Designation: Senior Vice President

Location: Mumbai

Job Purpose

• Responsible for planning and execution of Internal Audits across Treasury functions and Risk functions.
• Lead audits of Treasury such as Forex (Merchant & Interbank), Derivatives, Investments (SLR / Non SLR), Money Market, NDTL computation, and regulatory reporting.
• Lead audits of risk such as ICAAP, Stress Testing, Operational Risk, Model Risk, ALM (SLS, IRRBB, LCR, NSFR, Leverage Ratio).
• Thorough understanding of Treasury operations, Mid-office & Market risk controls and Front office functions including trade lifecycle and regulations.
• Ensure comprehensive audit coverage and quality as per approved scope.
• Ensure timely completion of audits as per the annual audit plan.
• Identify control weaknesses, process improvement opportunities, and risk mitigation measures.
• Prepare audit reports with clear observations, root cause analysis, and recommendations.
• Communicate audit findings effectively to senior management and present to Audit Committee.
• Supervise, manage, and guide audit team members; monitor performance periodically.
• Implement continuous monitoring mechanisms for Treasury and Risk areas.
• Drive completion of UATs, system enhancements, and process reviews assigned to the audit vertical.
• Prepare ACB memos, presentations, and dashboards for senior leadership and Board level committees.
• Prepare annual Treasury & Risk Audit Plan, including risk based coverage.
• Manpower planning for audit engagements and allocation of resources as per complexity and timelines.
• Ensure periodic trainings are conducted for the audit team to enhance technical knowledge and audit capability.

Preferred Skill Set

Educational / Professional Qualification: Graduate / Postgraduate. Additional qualification: CA / MBA (Finance) / FRM / CFA or equivalent preferred.

Technical Knowledge

• Sound knowledge of Finacle system/MS-Office Product Suite (Excel, word, Power-point).
• Effective written, verbal and presentation skills.
• Hard working & adaptable to challenging environment.

Work Experience

• Minimum 15+ years in: Treasury & Risk Audits; Market Risk / ALM / ICAAP / Stress Testing / Model Risk; Bank Treasury, Risk, or Financial Control functions.

Others

• Ready to travel.