Primary Role Description: -
- Lead internal audit process reviews
- Conduct opening and closing meetings, review fieldwork, finalize reports
- Manage risk governance through documentation of risk registers and operational risk framework
- Digitalization of Audit tests
Key Roles & Responsibilities:
- Plan & execute audits in accordance with established standards, taking a hands-on approach throughout.
- Manage multiple reviews where necessary
- Provide guidance & direction to junior team members.
- Perform quality assurance self-assessments upon completion of the audit.
- Automation of audit test procedures using automation tools such as SAS/ACL
- Develop & present recommendations & related audit report deliverables.
- Develop/review the audit report for content. Ensure such report is persuasive & contains only relevant facts & information presented in a balanced manner
- Obtaining reed actions from the client management for all audit findings.
- Discuss findings, heat maps & description of processes with process owners
- Tracking actions through to conclusions
- Follow up on the status of significant actions quarterly.
- Assess digitalization opportunities, liaise with business and Tech teams to automate tests, conduct UAT and roll out.
- Monitor the automated tests for disposition, error rate and keep the same updated with changes in business
Desired Profile / Criteria / Skills :
Key Requirements - Experience & Skills
- Qualification - CA/CIA/MBA from a premier institute
- Experience - 5 - 10 years of similar experience in a consulting or financial service organization. Experience in the Insurance Industry shall be an added advantage
- Proficiency in working in MS – Office (High on Excel, Word, and PowerPoint)
- Solid knowledge of audit/risk techniques & principles.
- A good technical understanding of the business processes function & corresponding operational & financial controls designed to effectively manage the organization’s business unit