Specialist Business Risk- Controls Testing Or Internal Audit(CA's)

Allegis Global Solutions (AGS); Bengaluru; Hybrid; INR 1,400,000 - 2,100,000; Full time

Job summary

Allegis Global Solutions is hiring for a Specialist and Senior Analyst role in Bengaluru. The candidate will lead risk, controls, and audit engagements across banking operations, performing risk assessments and testing to strengthen the overall control environment.

The role requires 5–12 years of experience in banking or investment banking controls, with CA or CA Inter credentials. Hybrid work mode and collaboration with global teams are key aspects of the position.

Qualifications

• CA or CA Inter with 5+ years in risk, controls or audit in banking.
• Strong experience in risk assessments, controls testing and reporting.
• Ability to collaborate with global teams and senior stakeholders.

Responsibilities

• Lead and execute risk-based reviews and controls testing engagements.
• Assess the adequacy, design effectiveness, and operating effectiveness of controls.
• Identify risks, control gaps, and process improvement opportunities.
• Perform risk assessments and support annual review planning activities.
• Prepare clear audit/review reports and communicate observations to management.
• Maintain audit workpapers, testing documentation, and evidence trails.
• Monitor and track remediation of review findings.

Skills

Banking Operations

Internal Audit

Controls Testing

Operational Risk Management

Risk Assessment

Stakeholder Management

Audit Reporting

Education

CA

CIA

FRM

CFA

Tools

Excel

Data Analytics

Power BI

Alteryx

Job description

Location Bangalore.

Work Mode Hybrid.

For Global investment Bank

Full time job

Specialist and Senior Analyst Role

Experience 5 to 12 years(CA or CA Inter Only)

Job Purpose

We are seeking an experienced Risk, Controls, and Audit professional to lead and perform controls testing, risk assessments, and internal reviews across banking operations and business functions.

The role involves evaluating the design and effectiveness of controls, identifying operational risks and control gaps, performing risk-based reviews, and providing recommendations to strengthen the overall control environment. The candidate will work closely with senior stakeholders and global teams to support governance and risk management objectives.

Key Responsibilities

• Lead and execute risk-based reviews and controls testing engagements.
• Assess the adequacy, design effectiveness, and operating effectiveness of controls.
• Identify risks, control gaps, and process improvement opportunities.
• Perform risk assessments and support annual review planning activities.
• Prepare clear and concise audit/review reports and communicate observations to management.
• Maintain audit workpapers, testing documentation, and evidence trails.
• Monitor and track remediation of review findings.
• Leverage data analytics and reporting tools to enhance testing effectiveness.
• Collaborate with stakeholders across business, operations, and risk functions.
• Drive review engagements from planning through report issuance and closure.

Mandatory Skills

Domain Expertise

• Banking or Investment Banking Operations
• Internal Audit / Operational Audit
• Controls Testing / Controls Assurance
• Operational Risk Management
• Risk Assessment

Functional Skills

• Risk-Based Audit Methodology
• Control Effectiveness Reviews
• Audit Planning and Execution
• Audit Report Writing
• Stakeholder Management
• Issue Identification and Remediation

Technical Skills

• Advanced Microsoft Excel
• Data Analytics
• Power BI

Preferred Skills

• Capital Markets
• Securities Services
• Asset Servicing
• Trade Support
• Middle Office Operations
• Settlements
• Reconciliations
• Alteryx
• Regulatory Risk & Controls Frameworks

Qualifications

Preferred Professional Certifications:

• CA
• CIA
• FRM
• CFA

Ideal Candidate Profile:

• 7+ years of experience in Banking, Investment Banking, Audit, Risk, or Controls functions.
• Strong experience in Internal Audit, Controls Testing, or Second Line Risk & Control Reviews.
• Good understanding of banking operations and associated risks.
• Proven ability to independently lead reviews from planning through closure.
• Strong communication, report-writing, and stakeholder management skills.
• Experience working with global teams and senior management stakeholders.