Job Description

Job Role: Team Member - Internal Audit-IT-CA- BFSI

Job Location: Mumbai

Job Purpose: To assist the Sr. Audit Manager in planning & completion of the audit calendar & other special assignments in time with quality observations & lead the team of executives

PRINCIPAL ACCOUNTABILITIES :

Planning:

- Align auditee\'s and internal resources to facilitate execution as per Audit Plan.

- Develop area wise timelines within overall engagement level budgets.

Execution:

- Execute audits in line with testing plans/ checklist. Gather required data, check processes and documents and identify non-compliance with process and regulatory lapses therein.

- Evaluate the internal control over assigned areas of audit, to ensure compliance with company policies and procedures and regulations. Identify any non-compliance for reporting as discussion points with auditee.

- Map business processes and conduct analysis to determine associated risks.

- Executing analytics/trend analysis by collating data from various sources for the consumption of the audit team.

- Investigate and perform root cause analysis on Risk Events.

- Ongoing monitoring and management of co-sourced firm.

- Adherence and enhancement of Internal Audit working standards (including document standards)

- Management and quality of the deliverables of co-sourced firms for the audit assignment

- Finalise draft audit observations along with assessment of risks involved and to provide inputs for incorporation in the draft audit report.

Communication:

- Presentation and confirmation of the draft observation with auditee\'s line manager and assessing impact.

- Maintain adequate audit documentation for corroborating the observations

- Monitoring and timely follow-up on implementation of audit recommendations.

- Ongoing communication with the co-sourced firms on progress and quality of audits.

- Providing regular updates on status of audit progress.

People development:

- Attend planned trainings on timely basis.

- Maintain professional certification(s) and continue to develop and expand knowledge of the audit profession, information systems, regulatory issuances, industry, and Company products and information through self-study, research, and continuing education efforts.

Infrastructure:

- Effective and consistent use of infrastructure

Educational Qualifications:

- Graduate/ Post Graduate in any of the streams with 3 to 5 years\' experience in Audit/ Risk

- BE/ BTech/ BSc(IT/CS)/ Chartered Accountant (CA)/ MBA/ Certified Internal Auditor (CIA)/ Certified Information Systems Auditor (CISA)/ ISO LA 27001

Functional Skills:

Core Competencies:

- Understanding of IT audit methodologies

- Understanding of ITGC controls

- Good knowledge in IT systems, applications and infrastructure

- Good awareness of cyber security trends and techniques

- Ability to grasp and assess various functions in spite of not having specialized knowledge of the same

Analytical skills:

- Communication and negotiation skills

- Ability to withstand pressure and stand firm

- High standard of ethics and ability to stay neutral and unbiased

Role Competencies:

- Examine internal IT controls, evaluate the design and operational effectiveness

- Determine exposure to risk and recommend remediation strategies

- Conduct efficient and effective IT audit procedures

- Develop a strong understanding of the business and system processes

- Good report writing skills

- Good communication skills

- Expert knowledge of working tools (MS Office)

- Working knowledge of PowerPoint.

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