Internal Risk Management Auditor

Kiya.ai; Thane; Hybrid; INR 1,400,000 - 2,000,000; Full time

Job summary

Kiya.ai is seeking an Internal Risk Auditor / Governance professional with exposure to Market Risk and Counterparty Risk in the banking or financial services sector. The role involves reviewing risk processes, preparing end-to-end process documentation, identifying control gaps and driving improvements.

You will work with Risk, Front Office, Operations, IT and Compliance teams to validate controls, maintain audit trails and contribute to governance reporting for senior stakeholders.

Qualifications

• Extensive experience in Internal Audit, Risk Audit, Risk & Controls or Governance.
• Strong experience in Banking / Financial Services / Investment Banking.
• Good understanding of Market Risk and Counterparty Risk.

Responsibilities

• Create and maintain end-to-end process maps, SOPs and work instructions for Market & Counterparty Risk processes.
• Document processes related to pricing, valuation, limit monitoring, collateral management and other risk activities.
• Capture process flows, data flows, system interfaces and user responsibilities.
• Review processes against internal audit findings, risk policies and regulatory requirements.
• Identify control gaps, process weaknesses, redundancies and improvement opportunities.
• Maintain proper audit trails, documentation and version control.
• Work with Risk, Front Office, Operations, IT and Compliance teams to validate processes and controls.
• Conduct discussions/workshops with stakeholders to understand existing processes.
• Support continuous improvement and identify opportunities for process automation and efficiency.
• Maintain process documentation in Confluence / SharePoint.
• Prepare governance/status reports for senior stakeholders and audit committees.
• Develop process guides and training material for new team members.

Skills

Internal Audit

Risk Audit

Risk & Controls

Governance

Banking / Financial Services

Market Risk

Counterparty Risk

Communication skills

Analytical thinking

Education

Bachelor's degree in Finance / Business / Economics

CIA / CPA / FRM (advantage)

Tools

MS Excel

MS Word

Visio / Lucidchart / ARIS

Confluence / SharePoint

Murex, Calypso or Bloomberg

Job description

Job Title: Internal Risk Auditor / Governance

Location: Thane / Goregaon, Mumbai
Work Mode: Hybrid
Notice Period: Immediate Joiners to 30 Days
Relocation: Candidates who require relocation will not be considered

Job Summary

We are looking for an experienced Internal Risk Auditor / Governance professional with strong exposure to Market Risk and Counterparty Risk within the banking or financial services industry.

The role involves reviewing risk-related processes and controls, preparing end-to-end process documentation, identifying control gaps, ensuring audit and regulatory alignment, and driving process improvements.

Key Responsibilities

• Create and maintain end-to-end process maps, SOPs and work instructions for Market & Counterparty Risk processes.
• Document processes related to pricing, valuation, limit monitoring, collateral management and other risk activities.
• Capture process flows, data flows, system interfaces and user responsibilities.
• Review processes against internal audit findings, risk policies and regulatory requirements.
• Identify control gaps, process weaknesses, redundancies and improvement opportunities.
• Maintain proper audit trails, documentation and version control.
• Work closely with Risk, Front Office, Operations, IT and Compliance teams to validate processes and controls.
• Conduct discussions/workshops with stakeholders to understand existing processes and undocumented knowledge.
• Support continuous improvement and identify opportunities for process automation and efficiency.
• Maintain process documentation in platforms such as Confluence / SharePoint.
• Prepare governance/status reports for senior stakeholders and audit committees.
• Develop process guides and training material for new team members.

Required Skills & Experience

• 79 years of experience in Internal Audit, Risk Audit, Risk & Controls or Governance.
• Strong experience in Banking / Financial Services / Investment Banking.
• Good understanding of Market Risk and Counterparty Risk.
• Exposure to financial-market products such as:
  
  • Derivatives
  • Securities Financing
  • Collateral Management
  • Valuation / Pricing
  • Limit Monitoring
  • Credit Valuation Adjustment (CVA)
• Strong understanding of risk controls, audit processes and governance frameworks.
• Experience in process mapping and process documentation.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to interact with Risk, Front Office, IT, Operations and Compliance stakeholders.

Technical Skills

• MS Excel
• MS Word
• Visio / Lucidchart / ARIS
• Confluence / SharePoint
• Knowledge of risk-management systems such as Murex, Calypso or Bloomberg is an advantage.

Education

Bachelors degree in Finance, Business Administration, Economics or a related field.

Professional certifications such as CIA, CPA or FRM will be an added advantage.

• Important: Only candidates currently based in Mumbai / nearby locations will be considered. Candidates requiring relocation will not be considered.