NCDEX - Executive/Associate - Regulatory - Member Inspection & Audit - CA

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 to ensure the ongoing validity of the audit processes as a basis for minimizing risk and preventing loss.

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

- 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 audit in conformance with acceptable standards.

- Recommend, through audit reports and policy, processes and procedural changes in any audited area, when justified by audited findings, as a basis for business and managerial process improvement.

- Provide inputs to formulate control procedures when new business lines are developed in order to protect the company's interests.

Educational Qualification :

- CA Fresher (though out 1st Class)

Previous Experience :

- 1 year in relevant field

Industry to be hired from :

- Banking/financial services/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 professional written form.

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