Senior Manager - Internal Audit - BFSI

- To function independently of business / operations functions of the entities

- Should possess good understanding of regulatory requirements, key risks, business processes and products pertaining to Capital Market business (includes Securities Broking, Treasury, Investment Advisory, Investment Management, Clearing and Custody Services, Fund Accounting etc), Non-Banking Financial Services and Control Functions such Risk Management, Compliance, Finance, Operations Risk etc.

- Support Assistant Vice President / Deputy Vice President / Head of Audit in audit execution, process reviews, any in following activities :

- Execute audits and monitor compliance with approved risk based audit plan and appraise Head - Internal Audit on audit plan progress on timely basis

- Monitoring of key trends and alerts generated by use of analytic tool across various functions of the entities. Where relevant, use Data Analysis techniques in various planned audits and make effective audit analysis and perform deep dive in key focus areas.

- Design and update the audit program for various planned audits.

- Keep track of regulatory changes and Internal Policy / process changes in the entities and assess impact of the same on changes in Annual Audit Plan or Scope change of planned audits.

- Perform Risk Based Audits in accordance with Audit Methodology and compliance to Auditing Standards. Perform process walkthroughs and should be able to demonstrate very good understanding of key risks in the business processes, manual and automated controls to be tested, design Risk and Control Matrix, Develop test steps, audit the underlying evidences, assess design and operating effectiveness of the processes and controls.

- Should demonstrate very good audit documentation skills that would clearly articulate the work done to address audit risk and audit objective, audit documentation in software tool.

- Update the auditors (internal and external) on changes in Group & entity level policy / processes and ensure audit checklist is appropriately updated.

- To appraise Management and Head Internal Audit about the major irregularities / deficiencies observed

- To conduct special / thematic audit studies as per the directions of Audit Committee Board, Senior Management & Head - Internal Audit.

- To engage closely with external audit firms for the purpose of conducting certain Regulatory audits, Internal audits, concurrent audits, IS audit, etc., and review their work and quality of audits, discussion on audit issues along with relevant Business Stakeholders and obtaining Management Responses/Management Action Plan. Also, engage with External Audit firms for finalising their audit scope, their appointment and on-boarding related requirements, regular due diligence, coordination on system and physical accesses for external auditors, invoice processing etc.