AVP Principal Auditor - Auditors work independently on audits and/or on tasks delegated to them within the scope for audits for a specific business/functional area/region and may sometimes work on multiple audits at the same time. - They will evaluate the adequacy and effectiveness of internal controls relating to the risks within those business areas, working under moderate supervision, e.g. in complex situations. - They will proactively develop and maintain professional consultative working relationships within their own function and with stakeholders inside the bank and respective support areas. - They will use a range of approaches to collect relevant information to assess key risks, resolve issues or carry out tasks. - Auditors work in a co-operative manner with subject matter experts and other teams from across the function and outside the function to provide 'front-to-back' audit coverage. - They may occasionally participate in ad-hoc projects. Your key responsibilities : - Executes day-to-day operational audit work and contributes to the delivery of audits (including risk assessment profiles and business monitoring). - Undertakes audit assignments, drafts audit reports for review by audit management, facilitates issue tracking and validates closure of issues. - Drafts high quality issues for review by audit lead/Principal Audit Manager, facilitates issue tracking and validates the closure of issues (as required). - Executes audit fieldwork in line with the agreed audit approach e.g. documenting Activity Flows, identification of key risks, testing of key controls to determine whether they are properly designed and are operating effectively and documenting work in accordance with divisional standards. - Partners with other divisional/teams during audit engagement to guarantee an integrated approach. - Reviews and provides expert opinions on action plans provided by clients, helping them develop robust remediation plans. - Completes all assigned audit work in line with agreed budgets, including ad hoc projects and special investigations. - Proactively manages and executes day-to-day responsibilities with group audit deliverables on Concurrent Audit - Acts as a challenger to clients in the issue closure process. - Communicates openly with divisional management and the internal stakeholders; keeps them informed of potential issues and escalate problems/delays accordingly. - Proactively keeps abreast of pertinent industry, regulatory and business practices. - Proactively develops and maintains professional working relationships with colleagues, the business and respective support areas. - Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution. - Highlights performance issues within the team, where appropriate, to drive for high performance. - Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of the new environment. Your skills and experience : - Audit/business knowledge and experience and an understanding of the risks and regulatory requirements in one or more of the following business/functional areas: Investment Banking, Transaction Banking, Retail & Corporate Banking, Asset & Wealth Management, Business Services (operations), Risk, Legal & Compliance, Finance and Information Technology. - Familiarity with operational requirements of a global bank. - Sound understanding of global banking control environment and compliance issues in the banking/finance industry. - Solid communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach. Fluent in English (written and verbal) and local languages if necessary. - Solid relationship management, analytical, problem solving, communication, influencing, planning and presentation skills. - Good knowledge of auditing standards and concepts. - Ability to work in a fast-paced business environment. - Able to work in virtual, global teams in a matrix organization, transfer knowledge and develop capability of team members. Education/Certification : - Bachelor Degree (or equivalent) from an accredited college or university (or equivalent) or equivalent work experience. - Professional/industry recognized qualifications e.g. CISA (for IT auditors), Accounting qualifications such as ACA and CPA

Mumbai

Assistant Vice President - Principal Auditor - BFSI 

Assistant Vice President - Principal Auditor - BFSI  ,Job Description for Assistant Vice President - Principal Auditor - BFSI  in Mainstream Technologies in  Mumbai for (3-8) years of experience. Apply Now!

Job Description for Assistant Vice President - Principal Auditor - BFSI  in Mainstream Technologies in  Mumbai for (3-8) years of experience. Apply Now!