Senior Vice President – Compliance Testing – Banking/Financial Services Scaleneworks

The Corporate Institute; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

The Corporate Institute in Mumbai seeks an experienced audit professional to support strategy and execution of internal audits for banking functions. You will help plan audits aligned with regulatory expectations and internal risk priorities, and you will develop checklists for governance across HR, IT, risk, finance, and operations.

You will conduct risk assessments, perform end-to-end reviews, and contribute to data analytics and automation initiatives to strengthen controls within

Qualifications

• Assist in developing annual audit plan in line with regulatory expectations and internal risk priorities.
• Prepare Review checklists for Support functions in line with regulatory guidelines/internal policies.
• Conduct risk assessments to identify key control gaps.
• Execute end-to-end reviews including planning, fieldwork, testing, and reporting.

Responsibilities

• Assist in developing the annual audit plan in line with regulatory expectations and internal risk priorities.
• Prepare review checklists for Support functions in line with regulatory guidelines/internal policies.
• Conduct risk assessments for support functions to identify key control gaps.
• Execute end to end reviews including planning, fieldwork, testing, and reporting.
• Perform review procedures such as process walkthroughs, sampling, analytical reviews, and control testing.
• Assist in developing audit methodologies, checklists, data analytics routines, and automation initiatives.

Skills

Audit planning

Risk assessment

Regulatory knowledge

Data analytics

Vendor management

Job description

Responsibilities:

Strategy and Planning:

• Assist in developing the annual audit plan in line with regulatory expectations and internal risk priorities.

Policies, Processes & Procedures:

• Preparation of Review checklists for Support functions in line with the regulatory guidelines/internal policies.

Job specific bucket/s:

• Conduct risk assessments for support functions to identify key control gaps.
• Execute end to end reviews including planning, fieldwork, testing, and reporting.
• Perform review procedures such as process walkthroughs, sampling, analytical reviews, and control testing.
• Assist in developing audit methodologies, checklists, data analytics routines, and automation initiatives.

People Management:

• Conduct lessons learned sessions after major audits to improve planning and testing approaches.

Functional Competencies:

• In depth knowledge of the regulatory environment for the banks in India particularly RBI.
• Good knowledge of all the support functions such as HR, Risk (BASEL / ICAAP / Capital Adequacy), IT Governance, Vendor management, Vigilance, data analytics, Finance & Accounts, etc.