Urgent Hiring For Treasury Concurrent Audit

• Compliance with the applicable circulars issued by RBI from time to time and guidelines specified in Investment Policy.
• Compliance with SEBI/FEMA/FIMMDA guidelines wherever applicable.
• Compliance with approved Investment Policy as is framed in compliance with various circulars issued by RBI and the internal procedures defined within Treasury function.
• Checking adequacy of Internal control system pertaining to treasury function (including user access management of Treasury system).
• To ensure that accounting is in conformity with Bank's accounting policy, accounting standards laid down by ICAI and directions issued by RBI.
• Verification of all deals conducted in the Primary and Secondary market in all type of instruments along with all money market transactions and applicable limits as defined in investment policy.
• Verification of Investment income including interest, dividend and Profit or loss on sale of Investments.
• Verification for correctness and timely submission of statutory and regulatory returns.
• Verification of collections of redemption/interest proceeds, accrued/receivable along with internal controls thereon.
• Reconciliation of securities held whether in SGL, Demat, or Physical form & securities issued with BENPOS.
• Verification of valuation of investment securities.
• Verification of Brokerage calculation in line with the Agreement and Bank Norms.

Preferred candidate profile

• Should have a strong domain across the spectrum of products offered by Bank / PD Treasuries such as Fixed Income, Money Market, Forex, Derivatives and Bullion.
• Plan audit execution in line with the scope agreed with the client.
• Giving status updates to Director and client on periodic basis.
• Conduct detailed walkthroughs to gain understanding of the processes and controls implemented by the client.
• Formulating checklists based on policies and regulatory guidelines
• Documenting work performed and maintaining work papers
• Review adherence with regulatory and statutory compliances
• Conducting audits within the time schedule assigned
• Identify areas of improvements for each process being audited and recommending the same to our clients
• To be abreast with all regulatory and other changes in relation to Treasury and financial markets
• Drafting Audit reports detailing findings of audit
• Should have good oral and written communication skills to articulate queries / observations to clients
• Should have good command over language and grammar
• Should have the ability to grasp / learn and unlearn processes / businesses of our clients