Associate, Internal Audit

Ares Management; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Ares Management in Mumbai is seeking an Internal Audit professional to support planning, execution, and reporting across financial services operations. You will assess risks, test controls, and draft findings for remediation in collaboration with cross-functional teams.

The role emphasizes data analytics, use of AI-enabled tools, and strong communication to convey risk insights to stakeholders across geographies. Prior audit experience in investment services is advantageous.

Qualifications

• Strong Internal Audit concepts and technical skills are required.
• Experience in financial services internal auditing is preferred.
• Excellent written and verbal communication and analytical abilities are essential.

Responsibilities

• Assist in planning and executing internal audit engagements across financial, operational, compliance, and risk areas.
• Perform risk assessments, process walkthroughs, and design/operating effectiveness testing of controls.
• Draft audit findings and support remediation tracking with Audit lead.
• Leverage data analytics and AI-enabled tools to enhance audit insights, while managing data privacy and security.

Skills

Internal Audit concepts

Analytical skills

Data analytics

Communication skills

Problem-solving

Organizational skills

Interpersonal skills

AI-enabled data analysis

Education

CPA/CA/CIA certifications

Tools

AI tools

Data analytics platforms

Job description

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Primary functions & responsibilities:

Audit Execution

• Assist in planning and executing internal audit engagements across financial, operational, compliance, and
• Perform risk assessments, process walkthroughs, and design and operating effectiveness testing of controls
• Prepare high-quality audit documentation, including work papers, findings, and assist in drafting reports

Risk Assessment & Control Evaluation

• Assist in Identify and evaluate key risks and assess the adequacy and effectiveness of internal controls
• Highlight control gaps, root causes, and business impacts, and recommend practical improvements
• Proactively identify emerging risks and communicate them in a timely manner

Stakeholder Engagement

• Partner with business, operations, and compliance teams across geographies
• Draft audit findings recommendations and demonstrate and discuss them with Audit lead within Internal Audit.
• Track and support remediation of audit findings to closure

Data & Technology Enablement

Leverage data analytics and emerging AI-enabled tools to support audit execution and enhance insights. Analyze datasets to identify trends, exceptions, and control considerations, while applying professional skepticism and validating outputs. Remain mindful of AI-related risks, including data privacy, security, and output reliability.

Team Contribution

• Perform the work on audit areas allocated and suggest efficiency in overall audit process.

Qualifications

Education:

• Related certifications (CPA, CA, CIA or similar) preferred.

Experience Required

• Understanding of the operation of financial markets, financial instruments and strategies.
• 2 – 4 years of internal audit experience in the Financial Services Industry with an emphasis in the Investment Management industry.
• Subject matter expertise in auditing and enterprise risk management concepts (e.g., risk assessment/prioritization, process & internal controls, root cause analysis)

General Requirements

• Strong Internal Audit concept and technical skills, written and verbal communication skills, analytical, problem-solving, organizational, and interpersonal skills
• Experience with AI, data analytics and comfortable with manipulating large data sets.
• Enthusiastic/ self-motivated/ strong interest in learning/ effective under pressure and willing to take personal responsibility/accountability.

Reporting Relationships

Principal, Internal Audit

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.