Division: Regulatory

Function/Unit : Member Inspection & Audit

Position Title with Designation: Executive

Your Location: Mumbai

Reporting: AVP

Job Purpose :

Apply professional audit principles, policies and procedures to the regular inspection of members, system audit of members, internal audit of members & internal departments to ensure that potential risks are minimized, security and control guidelines are strictly adhered to and also to ensure that efficient and adequate checks and balances exist in work flow processes to achieve compliance.

Key Accountabilities :

- Monitor the continuing relevance of the current Internal Audit policies, procedures and standards to the current and future activities and gain approval for any necessary changes in order toensure the ongoing validity of the audit processes as a basis forminimizing risk and preventing loss.

- Review audit results, evaluate the findings, lapses, and weaknesses with a view to recommending improvements in the current operating practices and procedures. Communicate any finding of a seriousnature to Board/ Audit committee to take immediate correctiveaction.

- Establish individual objectives and his own plans for himself and also for each team member/consultants and supervise their activities and review their work to ensure the timely completion of the audit in conformance with acceptable standards.

- Recommend, through audit reports and policy, processes andprocedural changes in any audited area, when justified by auditedfindings, as a basis for business and managerial processimprovement.

- Provide inputs to formulate control procedures when newbusiness lines are developed in order to protect the company- sinterests.

Educational Qualification - CA Fresher ( though out 1st Class)

Previous Experience - 1 year in relevant field

Industry to be hired from :

- Banking/ financialservices/Broking/commodities industry having experience in managing Audit functions in well-established and recognized financial institutions.

Skills and Knowledge required :

- Data gathering and interpretation skills

- Effective interpersonal verbal and written communication skills

- Good analytical, judgmental and interpretative skills

Competencies (Behavioural Skills) required :

- Ability to extract computerized and manual data.

- Ability to perform accounting/ audit research, analyze data and summarize findings in a professionally written form.

- Understanding of current accounting and audit principles, policies and internal controls.

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