Deputy Area Manager - Corporate Audit Services

Bajaj Finance
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📍 Visakhapatnam, Andhra Pradesh, IndiaFULL TIME
Skills as per JD

About this role

Job Purpose
To act as a key team member of the Corporate Audit Services (CAS). Ensure contribution in planning, scoping & execution given areas of business/function reviews covering Process controls, IT controls, Compliance & Finance linkage. Frame the audit observations citing process gaps, simplification & value addition. Discuss the audit observations & obtain preliminary audit responses under the supervision of National Leads. Additionally, contribute to team activities such as Documentation, knowledge sharing & keeping updated with organizational development.
Duties and Responsibilities
1. Planning
? Engage with Gold Loan business stakeholders / branch teams to understand branch operations, portfolio profile, assaying practices, custody arrangements, auction process, and key operational risks.

? Finalise audit scope covering sourcing, valuation & assaying, LTV compliance, documentation, vault management, auctions, KYC/AML, and regulatory compliance.

? Define audit approach, sampling methodology, branch coverage, and identify BIU / MIS / system data requirements upfront for effective audit execution.

2. Audit execution
? Conduct detailed fieldwork covering customer onboarding, gold valuation, sanctioning, documentation, packet sealing, vault custody, reconciliation, auction procedures, collections, and accounting controls.
? Perform physical verification of gold packets, surprise checks, system validations, maker-checker testing, and review adherence to RBI guidelines and internal SOPs.
Identify process gaps, fraud indicators, operational weaknesses, policy deviations, regulatory non-compliance, and opportunities for process simplification and control strengthening.

3. Audit presentation and review
? Prepare draft audit reports highlighting key observations, risk implications, root causes, and actionable recommendations for improvement.
? Present audit findings to business / branch stakeholders and management through audit discussion meetings and explain the severity and impact of observations.
? Support preparation of management presentations, dashboards, and audit summaries for senior management / leadership review.

4. Audit Closure & Action Monitoring
? Discuss and agree audit observations with stakeholders and obtain management responses for each observation.
? Partner with business teams to define Corrective and Preventive Actions (CAPA), responsibility owners, and target closure timelines.
? Track closure status of observations, validate implementation of agreed actions, and ensure sustainable remediation of identified risks and control gaps
Required Qualifications and Experience
a) Qualifications
? Minimum Qualification: MBA ( Finance) or equivalent
b) Work Experience
? 5+ yrs of experience in Gold Loan Operations
? Should be with a bright academic record or have worked with Big 4 firms / reputed companies.
? Strong acumen to analytical skills, process approach, out of box thinking, interpersonal communication and ability to assess the processes in light of the business impact.

Frequently Asked Questions

Is the salary disclosed for the Deputy Area Manager - Corporate Audit Services position at Bajaj Finance?
The salary for this Deputy Area Manager - Corporate Audit Services role at Bajaj Finance is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Deputy Area Manager - Corporate Audit Services position at Bajaj Finance located?
This Deputy Area Manager - Corporate Audit Services role at Bajaj Finance is based in Visakhapatnam, Andhra Pradesh, India. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Deputy Area Manager - Corporate Audit Services role at Bajaj Finance full-time or part-time?
This is listed as a FULL TIME position. It is posted as a Deputy Area Manager - Corporate Audit Services role at Bajaj Finance.
How do I apply for the Deputy Area Manager - Corporate Audit Services position at Bajaj Finance?
Click the "Apply Now" button on this page. You will be redirected to Bajaj Finance's official application portal hosted on peoplestrong where you can submit your application directly.
When was the Deputy Area Manager - Corporate Audit Services job at Bajaj Finance posted?
This Deputy Area Manager - Corporate Audit Services position at Bajaj Finance was posted on Aug 20, 2026. Apply as soon as possible — early applications are often reviewed first.
Deputy Area Manager - Corporate Audit Services
Bajaj Finance
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