27 Nov 2024
iyme
Senior Audit Manager, 5 to 7 years in Vijayawada

Vijayawada
5-6 Years
Audit Management, Audit Compliance, Fraud Investigation, Gold Loan Operations, Fraud Control, loan appraisal, Fraud Detection
Job Description
Position: Senior Audit Manager
Qualification: B.com,M.com
Experience: 5 to 7 years
Location: Vijayawada
Job description
Qualification: B.com,M.com
Experience: 5 to 7 years
Location: Vijayawada
Job description
Key Responsibilities:
1. Audit Planning and Execution:
- Develop and execute comprehensive audit plans for gold loan operations, including branch visits, transaction reviews, and risk assessments.
- Identify and evaluate potential risks and areas of non-compliance across gold loan processes.
2. Compliance Management:
- Ensure adherence to regulatory guidelines, company policies, and industry standards in all gold loan activities.
- Stay updated with changes in RBI and other financial regulations impacting gold loans.
3. Risk Assessment and Mitigation:
- Conduct detailed analysis of gold loan portfolios to identify anomalies or irregularities.
- Implement effective measures to address risks related to spurious gold, theft, and fraud cases.
4. Process Improvement:
- Recommend enhancements to gold loan policies and operational workflows to strengthen internal controls.
- Collaborate with stakeholders to implement audit findings and track progress.
5. Reporting and Documentation:
- Prepare comprehensive audit reports highlighting findings, risks, and actionable recommendations.
- Maintain accurate records of audit activities and ensure timely submission of reports to senior management.
6. Team Leadership and Training:
- Lead and mentor the audit team, fostering a culture of integrity and excellence.
- Conduct training sessions to enhance awareness of compliance and risk management in gold loan operations.
Qualifications and Skills:
- Education: Graduate degree, or equivalent qualification.
- Experience: Minimum 5-7 years of experience in auditing, with at least 4-5 years in gold loan operations.
- Strong knowledge of gold loan products, valuation processes, and fraud detection techniques.
- Proficiency in audit tools, data analytics, and risk assessment frameworks.
- Excellent analytical, communication, and leadership skills.
- Attention to detail and a high level of integrity.