Internal Audit- Wholesale Banking
1 Nos.
118526
Full Time
2.0 Year(s) To 10.0 Year(s)
10.00 LPA TO 20.00 LPA
BFSI, Investments & Trading
Banking/Financial Services
Job Description:
Key activities and responsibilities
- Risk assessment: Evaluating inherent and residual risks in wholesale banking transactions and processes to ensure they are within the bank's risk appetite.
- Compliance monitoring: Ensuring the business unit adheres to both internal policies and external regulatory requirements, such as those from banking supervisors.
- Control testing: Examining and testing the effectiveness of internal controls, including those related to credit, operations, and financial reporting.
- Operational efficiency: Identifying redundant procedures and recommending improvements to enhance the operational efficiency of the wholesale banking division.
- Fraud detection: Regularly monitoring processes to help detect and prevent fraud.
- Reporting: Developing clear audit reports that communicate findings, risks, and recommendations to senior management and the audit committee.
- Follow-up: Tracking the implementation of corrective actions and ensuring management takes timely and appropriate action to address identified weaknesses.
Key Skills :
Company Profile
We are the first --- to offer monthly credit on savings accounts. Our credit cards have no hidden charges. We offer Lifetime Free without minimum spend conditions, never-expiring rewards points, zero interest on cash withdrawal at ATMs, dynamic low APR and much more. Fees if any are transparent and described neatly in a manner a common person can understand. Every product offered by the --- is customer friendly, most often the best in the industry.
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