Job Description
Description
This role is within a team that provides audit coverage of the CRO function and forms part of a much larger global team (around ~50 FTE). As a member of this audit team, you will be exposed to specialist functions such as Credit Risk Management, Market Risk Management, Non-Financial Risk Management and Enterprise Risk Management.
In addition to conducting audit work across these functions, the team also works closely with other audit teams to provide 'joined up' assurance, as well as to act in an advisory capacity on Credit Risk Management, Market Risk Management, Non-Financial Risk Management and Enterprise Risk Management related topics.
Key Responsibilities
Executes day-to-day operational audit work and contributes to the delivery of audits (including risk assessment profiles and business monitoring).
Plans audits e.g. documenting activity flows of the processes to be reviewed, identifies risks and the key actual controls in place to mitigate the identified risks and attends meetings with internal stakeholders as and when 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.
Drafts clear and concise audit findings for review by audit management, facilitates issue tracking, validates the closure of findings.
Partners with other divisional/teams during audit engagement to guarantee an integrated approach.
Participates in exit meetings as required.
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.
Acts as a competent partner and challenger to clients in the closure process of findings.
Communicates openly with divisional management and the internal stakeholders; keeps them informed of potential issues and escalate problems/delays accordingly.
Presents complex and sensitive messages (such as audit issues) comprehensively, professionally and reduces complex topics to simple statements.
Reinforces an environment where people management and development is a key priority.
Requirements
At least 5 years of internal audit and/or big 4 audit experience in the investment banking industry, ideally with a focus on Risk Management.
A working knowledge of financial products.
Self-starter with the ability to multi-task assignments, prioritize workload with limited supervision and be resilient under pressure when faced with tight deadlines.
The ability to challenge and be challenged whilst maintaining the highest levels of professionalism.
Excellent written/verbal communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach. Fluent in English (written and verbal).
Strong relationship management, analytical, problem solving, communication, influencing, planning and presentation skills.
Very good knowledge of auditing standards and concepts.
Able to work in virtual, global teams in a matrix organisation, transfer knowledge and develop capability of team members.
Unquestionable personal integrity and ethics.
Preferred Requirements
Working knowledge of key processes, risks and controls and regulatory requirements related to the Risk Management departments in the financial services industry either through external audit, internal audt and/or relevant work experience, ideally in an international bank
Knowledge of technology integrated auditing.
Sound Microsoft Excel and Access skills.
Data Analytics skills including knowledge of Python, Tableau etc.
How We'll Support You
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
This role is within a team that provides audit coverage of the CRO function and forms part of a much larger global team (around ~50 FTE). As a member of this audit team, you will be exposed to specialist functions such as Credit Risk Management, Market Risk Management, Non-Financial Risk Management and Enterprise Risk Management.
In addition to conducting audit work across these functions, the team also works closely with other audit teams to provide 'joined up' assurance, as well as to act in an advisory capacity on Credit Risk Management, Market Risk Management, Non-Financial Risk Management and Enterprise Risk Management related topics.
Key Responsibilities
Executes day-to-day operational audit work and contributes to the delivery of audits (including risk assessment profiles and business monitoring).
Plans audits e.g. documenting activity flows of the processes to be reviewed, identifies risks and the key actual controls in place to mitigate the identified risks and attends meetings with internal stakeholders as and when 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.
Drafts clear and concise audit findings for review by audit management, facilitates issue tracking, validates the closure of findings.
Partners with other divisional/teams during audit engagement to guarantee an integrated approach.
Participates in exit meetings as required.
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.
Acts as a competent partner and challenger to clients in the closure process of findings.
Communicates openly with divisional management and the internal stakeholders; keeps them informed of potential issues and escalate problems/delays accordingly.
Presents complex and sensitive messages (such as audit issues) comprehensively, professionally and reduces complex topics to simple statements.
Reinforces an environment where people management and development is a key priority.
Requirements
At least 5 years of internal audit and/or big 4 audit experience in the investment banking industry, ideally with a focus on Risk Management.
A working knowledge of financial products.
Self-starter with the ability to multi-task assignments, prioritize workload with limited supervision and be resilient under pressure when faced with tight deadlines.
The ability to challenge and be challenged whilst maintaining the highest levels of professionalism.
Excellent written/verbal communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach. Fluent in English (written and verbal).
Strong relationship management, analytical, problem solving, communication, influencing, planning and presentation skills.
Very good knowledge of auditing standards and concepts.
Able to work in virtual, global teams in a matrix organisation, transfer knowledge and develop capability of team members.
Unquestionable personal integrity and ethics.
Preferred Requirements
Working knowledge of key processes, risks and controls and regulatory requirements related to the Risk Management departments in the financial services industry either through external audit, internal audt and/or relevant work experience, ideally in an international bank
Knowledge of technology integrated auditing.
Sound Microsoft Excel and Access skills.
Data Analytics skills including knowledge of Python, Tableau etc.
How We'll Support You
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
💡 Quick Summary
Seeking a career-building opportunity? The Auditor - CRO position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.