Internal Audit + Control Testing Role - Consulting Firm

Exp- 4-6 yrs

Location - Chennai

Work mode (WFO) - Hybrid

Required Qualifications:

- University degree in Business or related discipline

- 4+ years of relevant experience in risk management (includes control testing, compliance, financial crimes, operational risk, internal audit, business process management)

Desired Qualifications:

- Knowledge and understanding of financial services industry, including compliance, risk management, and/or audit operations

- Specialized knowledge or prior regulatory compliance testing or review experience

- Experience reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls; and identifying issues

- Experience creating, executing, and documenting compliance, control, and business process testing

- Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)

- Ability to take on a high level of responsibility, initiative, and accountability

- Strong oral and written communication skills

Responsibilities:

Responsibilities include, but are not limited to:

- Executes review activities in an effective manner, including leading high risk and/or complex emerging risk engagements in a matrixed environment, and communicates identified risks to management and other interested parties.

- Completes review activities on an accelerated schedule, raising schedule delays as needed while looking for opportunities to remediate schedule issues.

- Leads and supports efforts to challenge risks in processes and evaluate and/or test controls designed to mitigate those risks, including evaluation of control design and operating effectiveness, if applicable.

- Escalates any potential issues discovered during the completion of review activities. Identifies potential corrective actions and follows through on reporting, escalation, and resolution.

- Completes all testing and documentation under limited supervision and appropriately retains all work papers (testing schedule, templates, work-papers, deferrals, deviations, etc.).

- Provides consultation and subject matter expertise including evaluating severity of control deficiencies and related remediation efforts, if applicable.

- Documents test results and any issues identified while also providing recommendations to management, including identifying compensating controls and residual risk to issues identified.

- Builds relationships and collaborates with key stakeholders.