Tech Mahindra - Assistant Manager - Risk Assurance

Job Purpose:

The purpose of this job role is to assist the Sr. Manager, to manage organization Risk & Compliance management process, Support in assignments of IT General Control assessment and Supporting business audit processes

Key Areas:

A. Risk & Compliance Management:

- The position is required to adopt a partnership approach to understand underlying operations and recommend appropriate and fit-for-purpose practices in OpCos & all enabling functions

- Identifying key risk areas through business process mapping and soliciting inputs from process owners

- Ensure continuous focus on business Risks and establish a 'business as usual' mindset for Risk Management at all levels

- Mitigating business risks through a process of consultation and engagement with various stakeholders in Operations and Technology teams

- Preparing and maintaining the Corporate Risk Register for all Business operations and support functions

- Participating & monitoring regulatory and client compliance requirements to ensure accuracy, efficiency and quality of deliverables

- Identify and assess operational and emerging risks to ensure regulatory and client compliance relevant to one or more of the risk areas (IT risk, Process risk, and/or valuations), identify mitigating controls and control gaps, assess the controls' design and operating effectiveness as well as the impact of control deficiencies

- Responsible to support clients and account team in identifying and resolving security, regulatory and compliance risks, exposures and vulnerabilities

- Stays informed about environmental standards and makes sure a company operates within those standards

B. IT General Control Assessment:

- Plan and execute IT General control effectiveness assessment for in - scope applications

- Prepare report and lead review discussions with stakeholders

- Ensure value additions are created during the assessment

C. Support Business Process audit engagement:

- Support business process audit assignments from Risk and Compliance management perspective

- Support business process audit assignments from ITGC effectiveness assessment perspective

- Conduct special investigations on need basis

Key Accountabilities:-

- Conduct risk identification and quantification in line with group framework

- Embed and align Internal Control framework into operational risk management (analyse IC controls objectives and controls for bottom up risk profiling )

- Perform gap analysis, conduct testing of potential risk areas, Challenge self-assessments and identify reportable issues

- Actively participates in the development of Risk policies ensuring that they are relevant to Regulatory standards and business needs

- Develop and implement appropriate operating procedures to ensure compliance to TechM policy and provide management with periodic reports

- Periodically provide training and guidance to staffs on Internal Controls (build awareness)

- Ability of analyse data to arrive at key issues/observations

- Prepare dashboards/governance by highlighting key issues to Management

- Support overall Risk & Control framework

Knowledge, Skills & Competencies Required:

- Thorough Experience In Managing Risk & Compliance Assignments

- Having Proficient Knowledge of Standards & Frameworks pertaining to Risk Management (ERM, COSO, COBIT Etc.)

- Having Proficient Knowledge of Compliance and data security laws & standards like FCA, GDPR, OFCOM, ISO 27001 etc.

- Ability Of Being Good Team Player And Proficiency In Managing Different Stakeholders

- Excellent communication, interpersonal and presentation skills

- Strong influencing skills - ability to communicate with conviction and influence at all levels in the organization

- Strong analytical and problem solving ability and an attention to detail

- Proactive and self-driven approach to managing tasks and relationships

- Reliable in meeting deliverables under tight deadlines, flexible and innovative within the work environment

- Operate with minimal supervision and should be able to take initiatives to their logical conclusions

- Operate as a proactive team player in a culturally diverse work environment

Education required:

- Professional certification in CA/MBA/CPA/CIA/CISA/MBA required

- Graduate/ Post Graduate in Accounting or International Law or related field

- Advanced degree and Operational risk background preferred

- Certifications in the control self-assessment or any other related certification will be added advantage

Work Experience required:

- Minimum of 5 years of experience of which, at least 2-4 years- experience in Risk Management function, ITGC assessment required

- Experience in handling international clients will be added advantage

- Prior work experience in a consulting firm or top IT and ITES companies in India would be a plus

Salary offered: 10-19LPA