Team Head-Treasury Audit

HDFC Bank Limited; Mumbai; On-site; INR 2,600,000 - 5,200,000; Full time

Job summary

HDFC Bank Limited in Mumbai seeks an Assistant Vice President Risk Audit to lead audits across ALM, market risk, liquidity risk (LCR/NSFR), CAR, and leverage. The role may oversee 1–2 audit professionals and will drive high-quality audit engagements in line with internal standards.

The candidate should have professional certifications like CA/CIA/CISA/FRM or equivalent, plus 6+ years in internal audit or risk management within banking. Strong regulatory knowledge is essential.

Qualifications

• Bachelor's or Master's degree in Finance, Accounting, Risk Management, or related field.
• Professional certifications such as CA, CIA, CISA, FRM, or equivalent preferred.

Responsibilities

• Execute internal audits across risk domains (ALM, Market Risk, LCR, NSFR, CAR, Leverage).
• Mentor a small audit team (1–2 members).
• Review workpapers and reports for accuracy and alignment with standards.
• Identify control gaps and propose risk-based solutions.
• Ensure compliance with regulatory requirements and internal policies.
• Present findings to senior management and track remediation.

Skills

Analytical skills

Communication

Ethics & integrity

Multitasking

Education

Bachelor's or Master's in Finance/Accounting/Risk Management

CA / CIA / CISA / FRM or equivalent

Tools

Audit tools

Data analytics

Job description

Job Title: Assistant Vice President Risk Audit

Location: Mumbai, Maharashtra
Department: Risk Audit
Reporting To: Deputy Vice President Risk Audit

Job Summary:

The Assistant Vice President Risk Audit will be responsible for executing audits across key risk domains, including asset‑liability management (ALM), market risk, liquidity risk (LCR and NSFR), capital adequacy ratio, leverage ratio, and behavioural study models. The role may also involve managing a small team of 1–2 audit professionals, ensuring high-quality delivery of audit engagements and contributing to the continuous enhancement of audit practices.

Key Responsibilities:

Execute internal audits in the following areas:

• Asset-Liability Management (ALM)
• Market Risk
• Liquidity Coverage Ratio (LCR)
• Net Stable Funding Ratio (NSFR)
• Capital Adequacy Ratio (CAR)
• Leverage Ratio
• Behavioural Study Models
• Supervise and mentor a team of 1–2 audit professionals, providing guidance and performance feedback.
• Review audit workpapers and reports to ensure accuracy, completeness, and adherence to internal standards.
• Evaluate the effectiveness of internal controls and risk mitigation strategies.
• Identify control gaps and recommend practical, risk-sensitive solutions.
• Ensure audit activities comply with regulatory requirements and internal policies.
• Present audit findings and recommendations to senior management.
• Monitor the implementation of audit recommendations and track remediation progress.
• Contribute to the development and enhancement of audit methodologies and tools.

Qualifications & Experience:

• Professional certifications such as CA, CIA, CISA, FRM, or equivalent are preferred.
• Bachelor’s or Master’s degree in Finance, Accounting, Risk Management, or a related field.
• Minimum of 6 years of experience in internal audit or risk management, specifically within the Banking or NBFC sector.
• Proven expertise in one or more of the following verticals: risk audit or risk management.
• Prior experience in managing audit teams and delivering complex audit engagements.
• Strong understanding of regulatory frameworks applicable to financial institutions.

Skills & Competencies:

• Excellent analytical and critical thinking skills.
• Effective communication and report-writing abilities.
• High level of integrity and professional ethics.
• Ability to manage multiple priorities and deliver under tight timelines.

• Proficiency in audit tools, risk assessment techniques, and data analytics.

Work Environment:

Full-time position based in Kanjurmarg, Mumbai.