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12/07 Purnendu Shakunt
Co-Founder at Hire Wire Solutions

Views:4400 Applications:70 Rec. Actions:Recruiter Actions:42

AM/DM - Fund Audit - Internal Audit - BFSI (1-10 yrs)

Mumbai Job Code: 354609

Job Type: Permanent

Location: Mumbai / This job will involve significant travel outside India mainly to London (80% annually).

Department: Finance

Reporting to: Manager IA Mumbai for day to day management

Job Description:

Title: Auditor Group wide Internal Audit

Scope of Role (GwIA - Key departments / areas of responsibility):

- IA -Group wide Internal Audit function

Job Dimensions:

- Financial/Non Financial: Deliver Internal Audit reviews in the BU's across the group.

Overall Job Purpose/Role:

- To carry out Internal Audit engagements for organization's Mumbai branch and other parts of the group in support capacity under the supervision and guidance of BU Lead auditors/ Audit Managers within GwIA.

Key Accountabilities and Responsibilities

- To work under the direct supervision and guidance of the Director IA and Manager IA to generally achieve the following mainly:

Internal audit:

- Deliver IA reviews of consistently high quality.

Planning:

- Being able to properly assimilate the information provided by the Lead Auditor from the Planning phase of the audit.

- The Auditor should be able to understand the business background of the area being audited; and their role in the audit assignment.

- It may be necessary from time to time, for the Auditor to assist the Lead Auditor and Audit Manager in conducting the planning phase of the audit.

- Document the key processes and associated controls being examined in the audit. This will involve the use of flowcharts where necessary.

Fieldwork:

- The Auditor should assist the Lead Auditor in completing a control and risk assessment matrix following their documentation of the systems and processes being reviewed and preparation of a test programme.

- The Auditor should test that the controls identified in the risk assessment exercise are operating effectively in accordance with the test programme.

- Address any review points raised by the Lead Auditor/ Manager and QA team.

Reporting:

- Support the lead auditor in drafting audit conclusions based on control and risk evaluation and associated testing. Practical recommendations for any remedial action should be made.

- Populate Teammate with planning, fieldwork and reporting material

- Assist the Lead Auditor and Audit Manager in discussing and finalising the findings and actions with the management responsible for the activities being audited.

Issue Assurance:

- Document Issue Assurance workpapers on Team Central

- Promote GwIA and the service it provides by building strong and effective working relationships with business colleague, other IA staff and external auditors.

- Adhere to the various policies, procedures, guidelines, including timely completion of various activities such as mandatory CBTs, time sheets, expense statements, leave requests, etc.

- Work with minimum supervision

- Maintain domain expertise

Key Interfaces (Internal/External):

- Organization's Business Areas - audit planning, sharing best practice

- GwIA- Audit delivery across Business units

Competence / Knowledge / Skills required:

Qualification & Certifications:

- Chartered Accountancy/CPA/CIMA/MBA/CFA/Post graduate qualification

- Certifications such as CISA, FRM, CIA would be beneficial

- At least 1-8+ years of work experience in internal audit with audits handled for atleast 2 finance institutions.

- Good knowledge of COSO framework

Skills:

- Ability to grasp issues and learn new concepts quickly

- Proficient with MS Office applications

- Ability to plan and deliver work assigned in an organised manner

- Take responsibility for own work and assigned areas

- Focussed on delivery and quality

- Work on identified development areas to improve further

- Integrity

- Proactive in managing own utilisation

- Self-motivated

- Acts promptly to resolve stakeholder requests or problems

- Responds positively to changes within the

- team, structure and process

- Problem / Issue Identification

- Inquisitive

- Logical and Structured thought process

- Good written and verbal communication skills

- Get point across clearly

- Creates accurate and clear e-mails and work papers covering simple areas

- Team player - Works co-operatively with others in own team to achieve team goals

- Flexes own style and approach to "fit in" with other colleagues in own area

- Articulates a point of view, persuasively and credibly

Attitude:

- Good team player

- High on integrity

- Demonstrates ethical behaviour

- Orientation to timely delivery of work to a professional standard

- Pragmatic approach

- Willingness to travel extensively

- Commercial orientation

About the Company:

One of the international London based financial services group with significant operations in Asia, the US and the UK with around 24 million customers- base and - 496 billion of assets under management.

If interested in the discussed position then kindly revert with the following required details:

Latest CV:
Years of Exp post CA or highest qualification:
Have you carried out audits for banks/insurance/finance organizations: Y/N
If Yes, Pls mention them:
Are you willing to be extensively (8-9 months in a year) at onsite/abroad: Y/N
Willing to relocate to Mumbai: Y/N
Current CTC:
Expected CTC:
Notice Period:

Purnendu Shakunt
Hirewire Solutions

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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