Senior Role - Internal Audit - Capital Markets

- To operate 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.

- Formulation, review and updating of Internal Audit Policy in line with regulatory guidelines & operating framework of the Entities

- Conduct Risk Assessment for the entities based on Risk Based Audit Methodology and put up the same to Head - Internal Audit for review and approval

- Prepare Annual Audit Plan considering Risk based audit approach / Regulatory requirements / Regulatory Observations / Emerging trends / Top and emerging risks etc.

- 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 data 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, identify material deficiencies / process/control gaps.

- 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.