AVP – Core Compliance Testing & Monitoring

HiPotz(An Enterprise of HiPos Consulting); Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

A prominent consulting firm in Bengaluru is seeking an experienced compliance testing professional to oversee control evaluations and stakeholder relationships. Ideal candidates will possess a Bachelor's degree in Accountancy, Business, Law or Finance, along with 8-12 years of experience in compliance testing. This role involves evaluating internal controls, conducting audits, and communicating effectively with team leads and management. Competitive salary and opportunities for professional growth are offered.

Qualifications

• Minimum experience of 8-12 years in Compliance Testing and Monitoring.
• Proficient knowledge of Process, Risk and Controls concepts.

Responsibilities

• Plan and execute controls evaluation reviews under supervision.
• Conduct walkthroughs to understand and evaluate the control environment.
• Identify relevant key controls for testing and internal audit.
• Evaluate internal controls design and effectiveness.
• Draft issue reports summarizing findings and propose remediation plans.
• Build relationships with peers and stakeholders.

Skills

Compliance Testing

Risk Management

Data Analytics

Stakeholder Management

Audit Processes

Education

Bachelor’s degree in Accountancy, Business, Law or Finance

Job description

Qualifications – Bachelor’s degree in Accountancy, Business, Law or Finance discipline

Experience – Minimum Experience of 8 -12 Years in the Compliance Testing & Monitoring

Responsibilities –

– Plan execute controls evaluation reviews under the supervision of the Functional Team Leads.

– Conduct walkthroughs to understand and evaluate control environment

– Identify relevant key controls for testing, Core compliance and Internal Audit.

– Evaluate internal controls design and effectiveness and where issues identified, conduct root cause analysis and propose remedial actions

– Conduct validation of Management Action Plans in connection with review findings

– Demonstrate ownership of reviews from start to finish, and be able to work independently and in group-setting.

– Deploy use of data analytics and/or user tools to achieve efficiencies in executing reviews

– Draft issue reports, summarizing the findings, root cause and propose remediation plans

– Effective communication of work done and issues to Functional Team Leads, ACO Management and Issue Owners

– Build relationships with peers and stakeholders (e.g. ACO SMEs, first-line-of-defense) within the organization and effectively manage stakeholder relationships to a mutually accountable, productive, respectful and trusted level.

– Collaborate with relevant stakeholders across the region and globally applicable on enhancement of Testing/Monitoring methodologies. Proficient knowledge of Process, Risk and Controls concepts

– Maintain, design, refresh Regional Monitoring Scripts

– Identify and escalate key and/or systemic risks / trends/ red flags

– Support general compliance activities and other duties, including special projects as assigned.