Senior Internal Auditor

Location

Mumbai | India

Job description

Our client a Global Financial Services Firm, is looking to hire an Internal Auditor at an Associate level, with 6 - 10 years of experience in conducting, planning and executing Risk based Audit. They would prefer someone with current and prior experience in Internal Audit in the Financial Services Industry - Banks, Investment Banks, Asset & Investment Management, Brokerage firms, etc.

The Internal Audit team performs risk based audits of every function within the Firm's businesses globally. The Audit plan is formulated at the beginning of the year based on a risk assessment of each business and corporate line and executed in the respective regions and entities.

The India Internal Audit team is a part of the Global Internal Audit team and participates jointly in

several regional and/ or global audits through the year. Its remit includes auditing of functions within the firm's India businesses and the global offshored functions and businesses.

The Audit function looks to continuously enhance and improve its audit methodologies, introducing new techniques and innovations like data analytics, guest review programmes, root cause analyses of issues, etc. The India Audit team is at the forefront of several such initiatives.

Key roles and Objectives -

• Conduct internal audit of the firm's Business and Corporate functions.
• Work with other team members to complete audit planning and fieldwork, and draft findings to be agreed with auditees.
• Contribute to the Continuous Monitoring of core Business and corporate and assist in the

evaluation and changes in the risk profile of the business which might impact the audit plan, risk assessment or audit universe.

• Contribute to the risk assessments of relevant audit entities in accordance with the departmental risk assessment methodology.
• Carry out special projects, ad hoc investigations and advisory work where required.
• Follow-up of issues and action plans raised in Internal Audit reports.
• Monitoring key projects while maintaining independence and avoiding conflict of interest.
• Contribute to the preparation of reports to management.

Skills, experience, qualifications and knowledge required:

Essential

• Conducting internal audits for business processes within various Divisions such as Compliance and Legal, with limited or no guidance. This includes planning of execution of audits, as well as timely and effective escalation of control deficiencies, documentation, and also validation of management's remediation of audit issues.
• Assisting Internal Audit in risk assessments and monitoring performance and developments on a continual basis, and to provide inputs into formulation of the Audit plans.
• Posses a strong ability to understand and audit various business processes, identify risks and

mitigating controls in the processes being reviewed. Reasonable understanding of capital markets processes especially those related to Compliance monitoring.

• Have the ability to communicate effectively at various levels and across multiple regions and teams.
• Have capabilities in documenting processes, and drafting issues and remediation plans.
• Have the ability to assess if issue remediation work performed by Management is satisfactory.
• Ability to deliver to deadlines (budget and time).
• Ability to build relationships with the auditees and influence control initiatives.
• Good understanding of Microsoft Office (Excel, PowerPoint, Word and Visio). An understanding / exposure to Data Analytics tools / processes would be a good addition.

Desirable

 Exposure to Capital Markets/ Investment Banking / Legal / Compliance audits

 Reasonable understanding of related topics like Information Security, BCP, IT Risk

 Ability to work in shifts if need be

 Ability to work in a multi-cultural environment

 Exposure to project management disciplines

 Additional Certifications like CAMS, CIA or equivalent.

Job tags

Salary