Internal Audit:Auditor- Trade Finance Audit

Internal Audit:Auditor- Trade Finance Audit

Internal Audit function of the Bank, operates independently under the supervision of the Audit Committee of the Board and is responsible for providing an independent view to the Board of Directors and Senior Management on the quality and efficacy of the internal controls, risk management systems, governance systems and processes in place on an on-going basis. This is provided to primarily ensure that the business and support functions are in compliance with both internal and regulatory guidelines.

The Internal Auditor: Trade Finance is responsible for the Internal Audit of Trade Finance and is also responsible for all contingent and conciliar functions for Audit. It is the responsibility of the Auditor to Conduct internal audits within stipulated time and submission of audit reports based on risk based audit norms.

Focus on innovatively driving the audit process.

.Conducting internal audits within stipulated time and submission of audit reports based on risk based audit norms.

Ensuring quality of audit report (depth & coverage) by focusing on root cause analysis and providing qualitative suggestions/recommendations for improvement of processes & mitigation of risk

Effective use of off-site audit reports (with special focus on data mining & analysis)for bringing out risks in the audit reports.

Conducting thematic reviews, special audits, investigations and provide qualitative suggestions/recommendations for improvement of processes

Updating Skill Sets and knowledge through continuous readings, attending trainings and sharing knowledge with colleagues.

Optimal qualification for success on the job is:

CA with additional professional qualification such as MBA/CAIIB/CIA

For successful execution of the job, a candidate should possess the-

Good communication (both verbal & written) and inter-personal skills

Knowledge and Exposure to Foreign Exchange, Forex Trade Finance

Working knowledge of regulatory guidelines governing Forex business.

Strong Excel and database manipulation skills, financial and statistical analysis skills)

Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

Ability to prioritize and make decisions in a fast-paced environment

Ability to manage multiple tasks/projects and deadlines simultaneously