Scope of the Role
As an Internal Trade Auditor at a Leading Bank, you will have to Audit the Trade and Forex Operations at the branch level. Your role will involve conducting audits to ensure compliance with regulations and identifying potential risks. And to guide and support the branches having clean Audit each time.
Job Description
- Trade Auditor is a specialized role within the Trade and Forex department of a leading bank.
- The primary responsibility of a Trade Auditor is to conduct audits of trade transactions and processes to ensure compliance with internal policies and external regulations.
- This role requires a strong understanding of trade finance products and services, as well as knowledge of international trade regulations and guidelines.
- Trade Auditors work closely with trade operations teams to review trade documents, verify accuracy of data, and identify any discrepancies or potential risks.
- They also collaborate with other departments such as risk management and compliance to ensure that all trade activities are in line with the bank's overall risk management framework.
- Trade Auditors are responsible for preparing audit reports and presenting their findings to senior management and regulatory bodies.
- They may also be involved in developing and implementing new audit procedures and controls to improve the efficiency and effectiveness of trade operations.
- In addition to audits, Trade Auditors may also be involved in conducting investigations into suspected fraudulent activities or trade-related disputes.
- This role requires strong analytical and problem-solving skills, as well as attention to detail and the ability to work under pressure.
Ideal Candidates
We are looking for an energetic candidate well experience in Trade & Forex Operations. The candidate should possess good leadership qualities to guide the manager in their day to day activities. Candidate should have MIS reporting knowledge.