Understanding of the audit principles, tools, processes especially around issue validation/closure verification process which primarily includes the following.
Conduct comprehensive validation of remediation efforts including enhanced/new controls and/or corrective actions completed by the Management.
Understanding the risks and root cause associated to the issues and testing of the design and/or operating effectiveness of the controls in a timely manner.
Effectively communicate with stakeholders to gather supporting documentation and provide real time updates.
Formulate viewpoint on the appropriateness of Managements remediation efforts and provide credible challenge and recommendations to stakeholders where needed.
Document the work performed to clearly articulate the results/conclusion of testing or validation activities in line with guidelines/methodology.
Ability to understand and adopt new audit tools and techniques (e.g., data analytics) and participate in learning and development opportunities to ensure the use of best-in-class processes and procedures.
Identifying and implementing efficiencies and process improvements related to the issues validation work.
Ability to effectively multi-task and manage multiple competing deliverables within tight timeframes without compromising on quality of output.
3-6 years of working experience within Audit or Control functions (like Risk management or Compliance) within banking industry.
Prior relevant experience in the financial services industry is required with basic understanding of the business (such as Sales & Trading, Investment Banking, Investment Management, Wealth Management etc.) and/or technology as well as of relevant regulatory requirements (i.e., Heightened Standards) for large Banks and related regulatory requirements/expectation.
Masters/ Bachelors Degree (Finance related preferred). ACA, CPA, CIA, CRMA, CAMS, CISA, CISM qualifications or equivalent is preferred.Role & responsibilities
Preferred candidate profile
Job Classification
Industry: Investment Banking / Venture Capital / Private EquityFunctional Area / Department: Finance & AccountingRole Category: Audit & ControlRole: Audit & Control - OtherEmployement Type: Contract