Vice President - Internal Audit - BFSI

Client - Leading Name in Banking Space

Location - Gurgaon/Hyderabad/Pune

The primary role of Global Internal Audit (GIA) is to help the Board and Executive Management to protect the assets, reputation and sustainability of the firm Group. GIA provides independent and objective assurance over the design and operating effectiveness of the Group's framework of risk management, control and governance processes. GIA possesses specialized capabilities and skills through its versatile, inquisitive, and diverse team of global professionals.

GIA values the diversity of perspectives, knowledge and experiences and we encourage candidates from an array of disciplines and backgrounds. GIA supports flexible working.

The Opportunity:

Role purpose (overall high level summary of the role)

We are currently seeking an experienced Senior Audit Manager - Operations Audit (VP)to deliver audits and provide internal stakeholders with critical assessments of firm's's governance, risk and control frameworks. The Senior Audit Manager will:

- Effectively manage individual audits and activity through planning and delivery of the annual audit plan within expected timeframe, standards, methodology, budget, and best practices.

- Devise, develop and champion the use of relevant audit techniques and approaches to drive operational effectiveness and improve management of audit assignments.

- Confirm that audit findings and recommendations are understood and mitigated.

- Drive the co-ordination and collaboration to make sure audit work is consistently delivered.

- Manage the interface between stakeholders to confirm a common understanding of key deliverables.

What you'll do: (List out Key Responsibilities):

- Accountabilities for Business, Customers and Stakeholders

- Expertise (i.e. commercial awareness, understanding of products and services)

- Demonstrate knowledge of the applicable business and regulatory environment impacting Operations, including developing trends, risks, controls, and expectations.

- Support a strong risk and conduct culture across the Group and promote awareness and sound operational and strategic decision-making.

- Critically analyse and determine key drivers of change for area of coverage and assess how these will impact GIA's engagements.

- Use insights and knowledge of firm, industry and developments to assess areas of concern.

- Regularly review audit plan to confirm focus on material risks and regulatory requirements.

- Identifies audit process improvements to increase productivity and efficiency without impacting effectiveness.

Area of Impact (i.e. geographical remit, complexity of products / businesses the role is accountable for)

The role covers activities in Operations, primarily located in Global Service Centres (GSCs), that support Firm's's business activities globally.

Leadership & Teamwork:

- Leadership (i.e. manages people - professionals, manager of managers)

- Participate in Governance forums (e.g. ExCo and Risk Management Meeting)

- Promote the use of Firm standards, sharing of knowledge and industry best practices.

- Coach and mentor team members and colleagues to enable professional development.

- Facilitate a culture of continuous learning, encompassing technical and soft skills.

- Deliver audit assignments, including continuous monitoring and risk assessments, provide constructive challenge, and value adding engagement with key stakeholders.

- Share business developments, management information, and updates obtained from senior stakeholders with team members.

Interpersonal Skills (i.e. communication, collaboration, networking, and negotiation)

- Effective communication with Senior Management on the major plans, projects, strategic developments, and industry trends that impact functions and businesses. Maintain constructive relationships with external auditors and regulators.

- Actively promote collaboration and sharing of ideas across GIA.

- Contribute to the development of a results oriented, highly motivated, diverse and inclusive team.

- Coherently articulate audit findings to stakeholders and obtain commitment to correct control deficiencies.

- Effectively discuss potentially challenging matters and successfully negotiate the acceptance of audit findings and outcomes.

- Ability to communicate with impact, ensuring complex information is articulated in a meaningful way to wide and varied audiences.

Qualifications - External :

What you will need to succeed in the role :

Functional Knowledge & Experience (i.e. understanding of concepts and principles) :

- 5 - 10 years relevant work experience in the Financial Services Sector, consultancy, and external audit is preferred, but not always essential.

- Applicable knowledge of the regulatory requirements and business processes related to Operations.

- Relevant accounting, audit, analytical, financial, project management, quantitative, risk, and technology skills, qualifications or certifications.

- Undergraduate or graduate degree in business, accounting, mathematics, or social sciences

- Preference given to qualified accountants, CIA, CISA, CFE, or ACAMS

- Fluency in English.

- Willingness to travel.

- Mature team player who is highly professional.

- Prior knowledge of Internal Audit is desirable.

- Problem Solving (i.e. complexity and evaluative / analytical thinking involved in formulating solutions)

- Analytical and critical thinker, who can effectively manage competing priorities and complex challenges to deliver positive outcomes.

- Apply qualitative and quantitative methods to analyze and investigate challenging scenarios and situations.

- Produce smart, simple, and pragmatic solutions.

- Ability to apply technology or expertise to business issues or operational problems.