Job Description
CA FRESHER Candidates require for this role
As Internal Audit Member, you will be a part of Internal Audit Department (IAD) which aims to provide independent, reliable, valued, insightful and timely assurance to the Board and executive management thus demonstrating a role of an ENABLER.
- This is achieved by looking at the effectiveness of governance, risk/control framework over current and evolving risks, within the current and expected business environment and in accordance with the international standards definition of internal auditing.
- a 200+ member department spread across 5 locations PAN India (Mumbai, Ahmedabad, Bangalore, Chennai and Delhi) which is set up to perform Internal Audits for KMBL (Kotak Mahindra Bank Limited) Flagship Company of the Kotak group. A one-stop shop.
- 4 Strategic Business Units - Consumer Banking, Corporate Banking (Wholesale Banking), Commercial Banking, Treasury.
Key Accountabilities:
- Executing the delivery of the IAD's Audit plan for the calendar year.
- To assist the Team Supervisor / Team Lead on assigned audit work of KMBL Businesses & Processes. This will entail working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues & action plans with management and submission of draft report to the Team Supervisor.
- Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the IA systems, to ensure that audit work is carried out with a high standard that meets all methodologies.
- Demonstrate sound knowledge of regulations governing the bank (RBI, IRDA, SEBI, FEMA, FIMMDA, FEDAI, FATCA, NDS-OM, etc.)
- Conducts reviews to understand end-to-end process, evaluate and highlight key control deficiencies, analyse root cause and discuss / agree with management for effective and timely remediation plans.
- Manage individual workflow to ensure timely report deliveries with quality articulation of audit queries
- Writing high quality audit reports. To embrace and demonstrate effective Audit report writing & presentation skills from E2E perspective (Planning, Execution, Discussion, Clarification, Finalisation, Documentation into system etc.)
- Endeavouring to update awareness of risk issues and changes across relevant business units and use this knowledge to update the audit approach.
- Driving and leading discussions with relevant stakeholders regarding audit observations, consulting with IAD team supervisors / Team Leads.
Decision-making and Problem Solving:
- Take into account reputation of Kotak at all times, through positive interactions and adhering to policies, procedures and manuals.
- Set an example and supports fair and ethical behaviour.
- Make sure you are equipped to be able to protect our reputation at all times.
- Challenge others where appropriate, if you believe self to be correct.
- Endeavour to be part in decision making on a broad range of factors, with Kotak's values at heart - Always Responsible, Always Accountable
As Internal Audit Member, you will be a part of Internal Audit Department (IAD) which aims to provide independent, reliable, valued, insightful and timely assurance to the Board and executive management thus demonstrating a role of an ENABLER.
- This is achieved by looking at the effectiveness of governance, risk/control framework over current and evolving risks, within the current and expected business environment and in accordance with the international standards definition of internal auditing.
- a 200+ member department spread across 5 locations PAN India (Mumbai, Ahmedabad, Bangalore, Chennai and Delhi) which is set up to perform Internal Audits for KMBL (Kotak Mahindra Bank Limited) Flagship Company of the Kotak group. A one-stop shop.
- 4 Strategic Business Units - Consumer Banking, Corporate Banking (Wholesale Banking), Commercial Banking, Treasury.
Key Accountabilities:
- Executing the delivery of the IAD's Audit plan for the calendar year.
- To assist the Team Supervisor / Team Lead on assigned audit work of KMBL Businesses & Processes. This will entail working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues & action plans with management and submission of draft report to the Team Supervisor.
- Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the IA systems, to ensure that audit work is carried out with a high standard that meets all methodologies.
- Demonstrate sound knowledge of regulations governing the bank (RBI, IRDA, SEBI, FEMA, FIMMDA, FEDAI, FATCA, NDS-OM, etc.)
- Conducts reviews to understand end-to-end process, evaluate and highlight key control deficiencies, analyse root cause and discuss / agree with management for effective and timely remediation plans.
- Manage individual workflow to ensure timely report deliveries with quality articulation of audit queries
- Writing high quality audit reports. To embrace and demonstrate effective Audit report writing & presentation skills from E2E perspective (Planning, Execution, Discussion, Clarification, Finalisation, Documentation into system etc.)
- Endeavouring to update awareness of risk issues and changes across relevant business units and use this knowledge to update the audit approach.
- Driving and leading discussions with relevant stakeholders regarding audit observations, consulting with IAD team supervisors / Team Leads.
Decision-making and Problem Solving:
- Take into account reputation of Kotak at all times, through positive interactions and adhering to policies, procedures and manuals.
- Set an example and supports fair and ethical behaviour.
- Make sure you are equipped to be able to protect our reputation at all times.
- Challenge others where appropriate, if you believe self to be correct.
- Endeavour to be part in decision making on a broad range of factors, with Kotak's values at heart - Always Responsible, Always Accountable
💡 Quick Summary
Seeking a career-building opportunity? The Team Member | Internal Audit | Bank | CA |0|1 yrs 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.