TL- Treasury Audit

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.

Educational Qualifications

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