Bank – Senior Vice President – Treasury & Risk Audit

Job Description for Internal Audit – Vertical Head – Treasury & Risk Audit

Position Summary:

Job Title: Vertical Head – Treasury & Risk Audit

Reports To: Head – Treasury & Risk Audit

Function: Internal Audit

Designation: Senior Vice President

Location: Mumbai

Job Purpose:

– Responsible for planning and execution of Internal Audits across Treasury functions and Risk functions.

– Lead audits of Treasury such as Forex (Merchant & Interbank), Derivatives, Investments (SLR / Non SLR), Money Market, NDTL computation, and regulatory reporting.

– Lead audits of risk such as ICAAP, Stress Testing, Operational Risk, Model Risk, ALM (SLS, IRRBB, LCR, NSFR, Leverage Ratio).

– Thorough understanding of Treasury operations, Mid-office & Market risk controls and Front office functions including trade lifecycle and regulations.

– Ensure comprehensive audit coverage and quality as per approved scope.

– Ensure timely completion of audits as per the annual audit plan.

– Identify control weaknesses, process improvement opportunities, and risk mitigation measures.

– Prepare audit reports with clear observations, root cause analysis, and recommendations.

– Communicate audit findings effectively to senior management and present to Audit Committee.

– Supervise, manage, and guide audit team members; monitor performance periodically.

– Implement continuous monitoring mechanisms for Treasury and Risk areas.

– Drive completion of UATs, system enhancements, and process reviews assigned to the audit vertical.

– Prepare ACB memos, presentations, and dashboards for senior leadership and Board level committees.

– Prepare annual Treasury & Risk Audit Plan, including risk based coverage.

– Manpower planning for audit engagements and allocation of resources as per complexity and timelines.

– Ensure periodic trainings are conducted for the audit team to enhance technical knowledge and audit capability.

Preferred Skill Set:

Educational / Professional Qualification: Graduate / Postgraduate. Additional qualification: CA / MBA (Finance) / FRM / CFA or equivalent preferred.

Technical Knowledge:

– Sound knowledge of Finacle system/MS-Office Product Suite (Excel, word, Power-point).

– Effective written, verbal and presentation skills.

– Hard working & adaptable to challenging environment.

Work Experience:

– Minimum 15+ years in: Treasury & Risk Audits; Market Risk / ALM / ICAAP / Stress Testing / Model Risk; Bank Treasury, Risk, or Financial Control functions.

Others:

– Ready to travel.