Consultant - Business Consulting Risk - Process and Controls

EY; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

EY in Mumbai is seeking an Associate Consultant - Risk - Internal Audit to support governance, risk and compliance engagements, internal audits, process reviews and enterprise risk management. You will execute client engagements with a focus on delivering quality work and building trusted relationships with clients.

You will review working papers, analyze business processes, and perform data analytics using Access and ACL while ensuring engagement plans and internal risk controls are followed.

Qualifications

• Experience in governance, risk & compliance engagements.
• Ability to review working papers and client folders.
• Knowledge of internal auditing standards is beneficial.
• Strong data analysis and problem solving skills.

Responsibilities

• Execute client engagements in governance, risk & compliance (GRC) and internal audits.
• Review working papers and client folders; suggest improvements.
• Analyze business processes to identify improvement opportunities.
• Perform data analytics using Access and ACL.
• Ensure compliance with engagement plans and risk management procedures.
• Support budgeting and development of proposals and new methodologies.
• Build strong relationships with client process owners and management.
• Mentor interns and analysts within the practice.
• Contribute to knowledge management sessions.

Skills

Data analytics

Attention to detail

Stakeholder management

Mentoring interns

Tools

Access

ACL

Job description

Job Title

Associate Consultant - Risk - Internal Audit

The opportunity

The objective of our advisory risk services is to provide clients with a candid and reliable overview of their risk landscape. Our solutions can be used by our clients to build confidence and trust with their customers, the overall market and when required by regulation or contract.

You will be responsible for executing client related engagements in the areas of governance, risk & compliance (GRC), internal audits, process reviews, standard operating procedures, enterprise risk management, revenue assurance.

Our key responsibilities

• Execution on client engagement. Ensure quality delivery as per client requirements.
• Review of working papers and client folders. Suggest ideas on improving engagement productivity and identify opportunities for improving client service.
• Understand business & industry issues / trends. Identify areas requiring improvement in the client's business processes to enable preparation of recommendations.
• Handling data analytics - Access, ACL etc.
• Ensure compliance with engagement plans and internal quality & risk management procedures.
• Awareness of internal auditing standards issued by IIA and ICAI.
• Demonstrate an application & solution-based approach to problem solving technique.
• Manage the engagement budgets and support superiors in developing collateral, business proposals and new solution / methodology development.
• Develop strong working relationships with client (process owner/functional heads).
• Attention to detail and mentor young interns and analysts within the practice.
• Contribute to knowledge management sessions within the practice.

Skills & attributes for success

• Determine that the work delivered is of high quality.
• Anticipate and identify engagement related risks and escalation issues as appropriate.
• Actively establish client (process owner/functional heads) and internal relationships.
• Assist and share knowledge with team members, Seniors and Managers in developing new methodologies and internal initiatives and participate in performing procedures especially focusing on complex, judgmental and/or specialized issues.
• Work with the team and the client to create plans for accomplishing engagement objectives and a strategy that complies with professional standards and advise clients to understand and manage their business risks and verify the validity of their business information.
• Brief the engagement team on the client's IA environment and industry IA trends.
• Maintain relationships with client management to manage expectations of service, including work products, timing, and deliverables. Demonstrate a thorough understanding of compliance, financial, and operational risks along with performing internal control testing, develop internal audit plans, and provide internal audit services on an outsourcing basis. Assess internal controls and SOX framework in order to mitigate risk and apply it to client situations.
• Bring and utilize extensive knowledge of the client's business/industry to identify technological developments and evaluate impacts on the client's business.