Manager - Compliance Audit - Corporate/Investment Banking Team

Position : Manager

Location Mumbai

Job Description :

Position Description

This Auditor (Associate) position is based in Mumbai and is a part of the Compliance team within the Corporate and Investment Banking audit team. The Compliance team is responsible for providing audit coverage of corporate Compliance activities, including Dodd-Frank and Volker initiatives, control room and information barrier surveillance programs, compliance testing and branch inspection activities, anti-trust and competitive bidding, anti-tying, anticorruption practices and compliance with various US and international rules and regulations. The applicant must be an experienced professional who possesses a strong understanding of internal control systems within a financial institution.

The applicant should be a strong team player, able to multi-task and work under pressure in a dynamic business environment.

More specifically, the auditor will be responsible for the following:

- Facilitate the performance of various aspects of audit activities in accordance with department and professional standards and guidelines. Audit activities include audit planning; perform detail risk and control assessments and test work, work paper documentation and finalization of audit finding and report

- Facilitate the ongoing monitoring of operational and financial related data to identify patterns/trends with risk and control implications.

- Stay current with evolving industry and regulatory changes, and analyze impact to business objectives, processes, and compliance.

Core Competencies

- Business and Industry Knowledge - Knowledge and preferably experience of Corporate & Investment Banking & Compliance processes. Ideally this experience will be from an auditor risk perspective.

- Methodology & Analytical Skills - detailed understanding of internal control and risk assessment concepts and strong analytical skills to assess the impact of control weaknesses.

- Partnership- Strong execution skills, ability to work independently with limited supervision and multi-task. Works well individually and in teams, shares information, and supports colleagues. Ability to create strong stakeholder relationships that promote transparency and open dialogue around control issues.

- Communication- Strong verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner.

- Leadership- Ability to assess priorities, adapt to a changing environment, organize and lead resources, monitor progress and timely deliver a high quality end product .Enthusiastic, self motivated, effective under pressure.

- Accountability- proven ability to take the initiative in developing the scope and execution of audits/ projects. Seeks ways to increase efficiency and effectiveness of work performed and resources utilized. Willing to take personal responsibility/accountability.

Qualifications

- Education to degree standard is preferable, as is a relevant professional qualification. All relevant educational, business or accounting qualifications will be taken into account.

- Minimum 4-5 years of audit or relevant business experience.

- Knowledge and experience of corporate Compliance activities across Corporate and Investment Banking businesses ideally from an audit or risk perspective. Knowledge and experience of auditing Corporate and Investment bank products would be beneficial.

- In-depth understating of audit practices and methodologies, including risk assessment and a solid understanding of internal control concepts.

- The ability to work effectively within a team.

Amit Kumar