Junior Auditor Executive Muthoot finance
Muthoot finance
Office Location
Full Time
Experience: 0 - 31 years required
Pay: INR 15000 - INR 20000 /Month
Type: Full Time
Location: 56-11-10, High School Road, Patamata, Benz Circle, Vijayawada, Andhra Pradesh, India Patamata, Vijayawada
Skills: General Skills, Communication, Teamwork
About Muthoot Finance
Job Description
- 1. Audit & Inspection:
- Conduct regular and surprise audits of gold loan branches.
- Verify gold ornaments pledged, their weight, purity, and valuation.
- Cross-check the actual gold stock with system entries and physical records.
- Ensure proper tagging, sealing, and storage of gold in the branch vault.
- Check accuracy of gold loan disbursements and collection records.
- 2. Compliance & Risk Management:
- Ensure compliance with company SOPs, RBI guidelines, and KYC/AML norms.
- Identify operational risks, frauds, and procedural lapses.
- Report discrepancies, fraud indicators, or irregular practices to higher authorities.
- 3. Documentation & Record Verification:
- Audit customer files for completeness of documentation.
- Verify KYC, loan agreements, sanction letters, and repayment schedules.
- Check system entries for correctness and completeness.
- 4. Reporting & Recommendations:
- Prepare detailed audit reports with observations and risk levels.
- Recommend corrective actions to branch staff and management.
- Follow up on implementation of audit recommendations.
- 5. Training & Support:
- Educate and train branch staff on best practices and updated policies.
- Support branches in improving operational efficiency and reducing errors.