Chartered Accountant- Bank Audit Associate

Job Title: Chartered Accountant- Bank Audit Associate
Location: Pune
Experience: 0-2 years
Qualification: Chartered Accountant (CA)
Role Summary:
We are looking for a qualified CA with 0-2 years of experience in auditing Banks. The role involves executing end-to-end audit procedures, including testing of advances, investments, deposits, revenue recognition, and treasury operations, while ensuring compliance with RBI guidelines, Ind AS, and prudential norms.
Key Responsibilities
1. Planning & Risk Assessment
Assist in developing audit plans, conducting risk assessments, and selecting advance/loan samples as per defined criteria.
Evaluate internal controls and compliance with bank policies and regulatory requirements.
Perform tests of controls to assess their effectiveness in mitigating risks.
Coordinate with auditees for audit requirements and ensure timely follow-up.
2. Branch Audits
Visit selected branches and conduct Credit Audit, Branch Operations Audit, and review of branch statements.
Examine credit policies for adequacy, updates, and regulatory compliance.
Verify selected loan files as per the audit checklist, including loan applications, approvals, collateral documentation, and customer financial information.
3. Head Office Department Audits
Conduct audits of various Head Office departments as per the defined scope.
Perform financial audits, including financial statement review and transaction testing.
4. Reporting
Document audit findings, including non-compliance, control weaknesses, and potential risks.
Discuss findings and recommendations with bank management and obtain feedback.
Prepare comprehensive audit reports and submit them to the Manager and Partner for review.
5. Documentation
Ensure all audit procedures, evidence, and conclusions are properly documented.
Maintain clear, concise, accurate, and timely documentation that enables an experienced auditor to understand the work performed and conclusions reached.
Use the firm's standardized templates and formats for consistency and ease of review.
Ensure secure storage and restricted access to audit documentation.
Archive audit records to protect them from unauthorized access, alteration, or destruction.
Qualifications/Required Skill Set:
CA with 0-2 years of relevant audit experience
Proficient in MS Office; good documentation and communication skills
Experience:
• Should have done articleship from a audit CA firm having atleast 3-4 partners.
· Strong understanding of RBI regulations, Ind AS, and banking processes
· Prior experience in a CA firm or audit of financial institutions preferred

Work arrangement
No