TL- Treasury Audit

HDFC Bank Limited; Mumbai; On-site; INR 2,500,000 - 3,500,000; Full time

Job summary

HDFC Bank Limited invites an experienced Internal Audit leader to head treasury function audits, including FX, Nostro, Derivatives, investment portfolio and SGL operations.

The role focuses on audit planning, regulatory compliance, risk assessment, and leading a multi-disciplinary team. Strong communication, data analysis, and leadership are essential.

Qualifications

• Commerce graduate degree.
• MBA in Finance preferred.
• CA or semi-qualified CA.
• FRM/CFA certification advantageous.
• Strong communication and drafting skills.
• Leadership and organizational abilities.
• Time management and deadline focus.
• Ability to plan and execute audit plans.
• Strong data analysis and problem-solving.
• MS Word and Excel mandatory.

Responsibilities

• Handle audit calendar, allocate audits, monitor scope, risk grading and reporting.
• Audit as per regulatory guidelines and internal policy.
• Suggest control improvements and streamline processes.
• Track observations, review responses, update database and close files.
• Support regulatory inspections and investigations.
• Monitor team performance and provide feedback.
• Ensure clear communication within team and with management.
• Resolve conflicts and maintain productive environment.
• Provide training and develop team skills.
• Track progress and report updates to management.
• Plan resources and develop talent.

Skills

Effective communication

Leadership

Time management

Decision making

Multi-tasking

Audit planning

Communication within team

Problem solving

Documentation

Data analysis

Education

Commerce Graduate

MBA (Finance)

CA / Semi-qualified CA

FRM / CFA

Tools

MS Word

MS Excel

Job description

Job purpose:

• Lead the team / conduct the audit of treasury Function including FX transactions, Nostro reconciliation, Derivatives Trading, Investment Portfolio (including Equity Desk, Fixed Income Securities, Primary Dealer business), Money Market Operations and Constituent SGL operations.

KEY RESPONSIBILITIES

1. Handling of Audit calendar / assignments - Allocation of audits based on expertise & man-days available, monitoring of scope & quality of review (including sampling process), risk grading & opinion formation, audit finalisation, discussion, and closure (including visits to branches/units) and release of reports within timelines.

2. Conducting audit as per regulatory guidelines, Banks Internal policy, standard audit procedures

3. Critically review the existing process and procedures during the audit of respective areas and suggest areas of improvement which would enhance controls and simplify process flow.

4. Tracking of audit observations, Review of response / compliance to audit observations, updation of audit database and closure of audit file.

5. Supporting / Handling Regulatory Inspection / Regulatory requirements / ACB reporting and Investigations.

6. Monitoring team performance, providing constructive feedback, and identifying areas for improvement.

7. Ensuring clear and effective communication within the team and between the team and higher management.

8. Facilitating problem-solving and resolving conflicts constructively to maintain a positive and productive work environment.

9. Providing training and support to help team members develop their skills and abilities.

10. Keeping track of team progress and reporting updates to management.

11. Ensure resource planning and talent development.

Key Skills

• Commerce Graduate
• MBA (Finance)
• Semi qualified CA / CA
• FRM / CFA

• Effective Communication and drafting skills
• Leadership & organizational skills
• Time management & ability to meet deadlines.
• Decision making
• Capability to multi-task & adaptability
• Ability to plan & execute Audit plans
• Capable of documenting the audit observations effectively, communicating with the auditee to bring about corrective action.
• Strong data analysis, data validation and problem-solving abilities.
• Capable of identifying the risk and evaluating the effectiveness of the internal control put in place.
• Knowledge of MS Word, Excel is mandatory

Experience Required

• 7 to 9 years experience in Internal Audit of Treasury Function / Risk Unit / Quality Unit / Compliance Unit / Operations unit.

Major Stakeholders

• Staff of various departments mainly Treasury Front, Mid and Back Office.
• Compliance function
• Risk Unit