Audit-Team Head-Trade Audit

Job Title

Audit-Team Head-Trade Audit

Business Unit

Audit

Reporting To

Zonal Head - Audit / Regional Head

Job Function and Role Type

Audit, Supervisory

Version No

3.0

Job Purpose

To lead audits of the Trade Finance portfolio of the bank, ensuring compliance with regulatory and internal policies.

Key Responsibilities

Audit Execution

Ensure Audit Execution responsibilities are completed.

Audit Reporting

Review pre-audit preparation and sampling.

Allocate audit areas based on expertise and available mandays.

Conduct audits as per RBI guidelines and internal policies.

Prepare audit reports with findings, risks, and recommendations.

Formulate risk grading and finalize audit opinions.

Communicate results to Senior Management, highlighting concerns and improvements.

Compliance

Monitor and follow up on audit issue resolutions.

Validate evidence for closure of audit issues.

Team Management

Manage and supervise a team of auditors.

Education:

Graduation, Post-Graduation.

Certifications:

Domain knowledge in bank audits, Trade audits.

Key Competencies

Audit methodologies, Analytical skills, Communication skills, Leadership, Time management.

Major Stakeholders

Business, Operations, and allied units.