Manager - Internal Audit & Compliance - BFSI - CA

Manager - Internal Audit and Compliance

We have an urgent vacancy for Manager - Internal Audit with a leading MNC Insurance Broker based in Bangalore. Role details are given below:

Key Responsibilities :

- S/he will be managing aspects of finance & strategy, risks, and controls, cost optimization, various audits, verifying transactions, IFC, internal, statutory, and technology audits.

- Understand business & industry issues/trends. Identify areas requiring improvement in the business processes to enable the preparation of recommendations. Gain a thorough understanding of the business processes.

- Ensure compliance with regulations, board-approved policies & SOPs applicable for the respective departments. Report violations, review of SOP and suggestions for improvement.

- Coordination of various external audits with audit partners like IFC audit, ISO audit, internal audit, stat audit, etc. Coordinate follow-up audits to monitor management interventions.

- Conducting IFC (Internal Financial Control) testing and reporting of all the findings. Identify key weaknesses in internal processes across the business and support functions of the company.

- Reporting that reflects results and documents the processes. Discuss any identified issues with the process /control owners and obtain action plans for remediation.

- Understand Risk identification, risk classification, and risk assessment. Work on cost-effectiveness effectiveness.

- Review of Risk control matrix and timely updating for any changes in process/control.

- SOX compliances and follow internal auditing standards issued by IIA & ICAI. Ad hoc assignments, with wider CFO objectives.

Requirements :

- Qualified CA with 4 - 8 years of post-qualification experience in Internal Audit / IFC Audits or Internal Controls.