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 valuable technical understanding of the business processes function & corresponding operational & financial controls designed to effectively manage the organization’s business unit