Team Lead

HDFC Bank Limited; Mumbai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

HDFC Bank Limited invites applications for Team Lead – Risk Audit to lead internal audits across ALM, market risk, liquidity risk, and capital metrics. You will supervise a small audit team and deliver high-quality engagements in line with regulatory standards.

The role requires strong analytical skills, regulatory knowledge, and the ability to manage multiple priorities under tight timelines. Excellent communication and report-writing are essential.

Qualifications

• Professional certifications such as CA, CIA, CISA, FRM or equivalent are preferred.
• Bachelor’s or Master’s degree in Finance, Accounting, Risk Management, or related field.
• Minimum of 6 years of experience in internal audit or risk management within Banking/NBFC.
• Proven expertise in one or more risk audit or risk management verticals.
• Experience in managing audit teams and delivering complex engagements.
• Strong regulatory framework knowledge for financial institutions.
• Excellent analytical and critical thinking skills.
• Effective communication and report-writing abilities.
• High integrity and professional ethics.
• Ability to manage multiple priorities and tight timelines.
• Proficiency in audit tools and data analytics.

Responsibilities

• Execute internal audits across ALM, Market Risk, LCR and Leverage Ratio.
• Supervise and mentor a team of 1–2 audit professionals.
• Review audit workpapers and reports for accuracy and standards.
• Evaluate internal controls and risk mitigation strategies.
• Identify control gaps and propose practical, risk-sensitive solutions.
• Ensure audit activities comply with regulatory requirements and internal policies.
• Present audit findings and recommendations to senior management.
• Monitor implementation and remediation progress of audit recommendations.
• Contribute to development and enhancement of audit methodologies and tools.

Skills

CA

CIA

CISA

FRM

Risk Management

Audit Tools

Data Analytics

Regulatory Knowledge

Education

Bachelor’s or Master’s in Finance/Accounting

Tools

ACL Analytics

IDEA

Job description

The Team Lead – 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)
• Leverage Ratio
• 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.
• 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.