Vice President - Internal Audit - Investment Bank

Vice President (internal Audit) - Principal Auditor

Location - Mumbai

Role Responsibilities:

- Executes and leads day-to-day operational audit work and contributes to the delivery of audits (including risk assessment profiles and business monitoring).

- Undertakes audit assignments, drafts audit reports for review by audit management, facilitates issue tracking and validates closure of issues.

- Drafts high quality issues for review by audit lead/Principal Audit Manager, facilitates issue tracking and validates the closure of issues (as required).

- Executes audit fieldwork in line with the agreed audit approach e.g. documenting Activity Flows, identification of key risks, testing of key controls to determine whether they are properly designed and are operating effectively and documenting work in accordance with divisional standards.

- Partners with other divisional/teams during audit engagement to guarantee an integrated approach.

- Reviews and provides expert opinions on action plans provided by clients, helping them develop robust remediation plans.

- Completes all assigned audit work in line with agreed budgets, including ad hoc projects and special investigations.

- Proactively manages and executes day-to-day responsibilities with group audit deliverables on Concurrent Audit

- Acts as a challenger to clients in the issue closure process.

- Communicates openly with divisional management and the internal stakeholders; keeps them informed of potential issues and escalate problems/delays accordingly.

- Proactively keeps abreast of pertinent industry, regulatory and business practices.

- Proactively develops and maintains professional working relationships with colleagues, the business and respective support areas.

- Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution.

- Highlight's performance issues within the team, where appropriate, to drive for high performance.

- Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of the new environment.

Experience/Exposure:

- Audit/business knowledge and experience and an understanding of the risks and regulatory requirements in one or more of the following business/functional areas: Investment Banking, Transaction Banking, Retail & Corporate Banking, Asset & Wealth Management, Business Services (operations), Risk, Legal & Compliance, Finance and Information Technology.

- Familiarity with operational requirements of a global bank.

- Sound understanding of global banking control environment and compliance issues in the banking/finance industry.

- Solid communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach. Fluent in English (written and verbal) and local languages if necessary.

- Solid relationship management, analytical, problem solving, communication, influencing, planning and presentation skills.

- Good knowledge of auditing standards and concepts.

- Ability to work in a fast-paced business environment.

- Able to work in virtual, global teams in a matrix organisation, transfer knowledge and develop capability of team members.

Education/Certification:

- Professional/industry recognized qualification such as CA and CPA and CIA. Bachelor Degree (or equivalent) from an accredited college or university (or equivalent) and equivalent work experience.