the private office
Location
New Delhi | India
Job description
Profile Overview:
As a Regulatory Specialist, you will be responsible for evaluating and enhancing our clients' internal control environment, assessing compliance with regulatory requirements, and supporting management in maintaining a robust control framework. Your efforts will be essential in safeguarding our clients' assets, minimising risk exposure, and promoting a culture of compliance. Key Responsibilities: 1. Conduct internal audits: Plan and execute audits to assess the effectiveness of internal controls, risk management processes, and compliance with applicable laws, regulations, and company policies. 2. Identify control deficiencies: Analyse audit findings to identify areas of improvement in internal controls, policies, and procedures. Collaborate with relevant stakeholders to develop actionable recommendations and remediation plans. 3. Compliance monitoring: Stay up-to-date with changing regulations and ensure our company's compliance with industry standards, laws, and guidelines. 4. Internal control testing: Perform testing and evaluation of controls across various business functions to ascertain their adequacy and efficiency. 5. Process improvements: Proactively work with process owners and management to identify opportunities for process improvement, efficiency gains, and risk mitigation. 6. Risk assessment: Participate in risk assessment exercises to identify and prioritise key risks, ensuring that appropriate controls are in place to mitigate these risks. 7. Reporting and documentation: Prepare clear and concise audit reports detailing findings, recommendations, and management action plans. Maintain accurate and organised documentation of audit procedures and work-papers. 8. Internal audit support: Collaborate with other members of client's Internal Audit team to ensure efficient and effective execution of audit projects. Qualifications and Experience: - Bachelor's degree in Accounting, Finance, Business Administration, or a related field. - Professional certification such as Certified Internal Auditor (CIA), Chartered Accountant (CA), or equivalent is preferred. - 1-2 years of experience in internal audit, internal controls, compliance, or related roles. - Strong understanding of internal control concepts and risk assessment methodologies. - In-depth knowledge of relevant regulations and industry standards. - Excellent analytical skills with the ability to identify control weaknesses and propose practical solutions. - Effective communication and interpersonal skills, with the ability to interact confidently with stakeholders at various levels of the organisation. - Proven ability to work independently and as part of a team, managing multiple tasks and priorities. - Proficient in using audit software, data analytics tools, and Microsoft Office Suite. Join us in our mission to maintain the highest standards of corporate governance, internal controls, and compliance for our clients. Be a part of a collaborative team dedicated to making a positive impact on the success of our clients and ensuring their sustainable growth. If you are a proactive and detail-oriented professional with a passion for ensuring ethical business practices, we invite you to apply for the position of Internal Controls & Compliance Specialist - Internal Audit.Job tags
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