Job Title : Internal Auditor - Branch Audits
Position Type : Full-Time - On-role
Job Summary :
- We are seeking an experienced and highly skilled Internal Auditor to join our team.
- The ideal candidate will have at a minimum 3+ years of experience in internal auditing, specifically focused on branch-level audits and operational reviews.
- The role requires a deep understanding of branch operations, audit methodologies, and a strong grasp of regulatory compliance requirements.
- This position will involve regular visits to branches to assess internal controls, financial reporting, and operational effectiveness, while identifying areas for process improvement.
Key Responsibilities :
Branch Audits :
Conduct detailed audits at various branches to evaluate the effectiveness of internal controls, compliance with company policies, and financial reporting accuracy.Risk Assessment & Internal Control Reviews :
Evaluate and assess branch-level operations to identify potential risks, gaps in internal controls, and ensure adherence to company standards and regulatory requirements.Regulatory Compliance :
Ensure branches are complying with relevant local, state, and national regulations.Provide recommendations to improve compliance measures and mitigate risks.Audit Planning & Execution :
Plan and execute audits for various branches, including risk-based assessments, audit testing, and the preparation of audit work papers.Process Improvement :
Identify operational inefficiencies, control weaknesses, or regulatory violations and collaborate with branch management to implement corrective actions & continuous improvement initiatives.Reporting & Documentation :
Prepare detailed audit reports, including findings, conclusions, and recommendations for senior management.Communicate audit results effectively to both audit committees and operational teams.Collaboration with Branch Teams :
Work closely with branch managers and staff to gather information, clarify audit findings, and provide guidance on improving operational processes.Follow-Up on Audit Findings :
Conduct follow-up reviews to assess whether corrective actions have been implemented and evaluate the effectiveness of changes made.Qualifications & Skills :
Experience :
Minimum of 3 years of experience in internal auditing, with a strong focus on branch-leveloperations and audits.
Educational Background :
Degree in Accounting, Finance, Business Administration, or related field.Audit Methodologies :
Solid understanding of audit methodologies, including risk-based auditing, testing procedures, and audit standards.Regulatory Knowledge :
Deep knowledge of regulatory compliance standards and financial reporting requirements, especially in banking, financial services, or similar industries.Analytical & Detail-Oriented :
Strong analytical skills with the ability to assess large volumes of data, identify patterns, and draw conclusions. Must be detail-oriented and capable of providing actionable insights.Communication Skills :
Excellent verbal and written communication skills. Ability to clearly communicate audit findings and recommendations to senior management and operational teams.Problem-Solving & Critical Thinking :
Strong problem-solving skills with a proactive approach to identifying potential risks and implementing effective solutions.Technical Proficiency :
Proficient in MS Office Suite (Excel, Word, PowerPoint), audit software, and ERP systems (i.e., SAP and Tally).Additional Information :
Travel to various branches will be required.The position may require some flexibility in work hours to accommodate branch schedules.Opportunities for professional development and certifications.(ref : iimjobs.com)