BRANCH INTERNAL AUDITOR

Muthoot

0 - 6 years

Gulbarga

Posted: 27/06/2025

Job Description

A

  Job Specification

1

Company Name

:

MUTHOOT FINCORP LTD

2

Position  / Designation

:

INTERNAL AUDITOR

3

Grade

:

B2

4

Department

:

INTERNAL AUDITOR & QUALITY ASSURANCE

5

Employment Type

:

Probation > Permanent 

6

Reporting to – 

Designation & Grade

:

MANAGER-AUDIT - INTERNAL AUDITOR & QUALITY ASSURANCE

7

Areas of Responsibility

:

  • To Conduct internal Audit in all MFL Branches as per the program given from the Department. The job involves extensive traveling and confidentiality is to be maintained very strictly.
  • Verification of Documents of Fixed Deposits/Secured Debentures and their interest payments
  • Verification of Documents of Secured Loans/Part Withdrawals and their interest receipts
  • Verification of Bank transactions and utilization of Cheque
  • Verification of Gold Loan Notice Documents and utilization of stamps 
  • Verification Leave records and other Statutory records of Staff maintained by the branch 
  • Verification of Salary payment records of staff and recovery of excess payments, if any made 
  • Verification of Incentive payment records under various schemes to staff and recovery of excess payments, if any
  • Verification of Reconciliation statements of HO/RO Accounts 
  • Verification of Gold Loan Documents i.e. Pledge & Release Documents Verification of Documents of Swarna varsham Loans disbursed
  • Verification of various Daily, Weekly & Monthly Statements of Branch 
  • Vouching of various Receipts &Payments of Branch with Day Book
  • Verification of authorization of various payments and Reporting of any unauthorized payments for which ex post facto approval is required
  • Verification of Western Union money transfer documents
  • Verification of Auction Documents
  • Verification of various Registers/Records/Files to be maintained by the Branch as per the standing instructions and as per circulars issued from time to time.

8

Job Location / State

:

Karnataka

About Company

Muthoot Finance Ltd. is India’s largest Non-Banking Financial Company (NBFC) specializing in gold loans. Headquartered in Kochi, Kerala, the company offers a wide range of financial services including personal loans, insurance, money transfer, forex, and microfinance. Its core business is providing instant loans against gold jewellery, primarily serving the unbanked and underserved population across urban and rural India. With over 6,000 branches and a strong presence in international markets like the UAE, USA, and UK, Muthoot Finance is known for its deep-rooted trust, operational scale, and strong commitment to financial inclusion. The company is publicly listed and regulated by the Reserve Bank of India.

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