Job Title: Internal Auditor Corporate Title: Associate

Department: Internal Audit, Nomura India (Powai) Location: Powai, Mumbai

Business Overview The Internal Audit team performs risk-based audits of every function within Nomura globally. The Audit plan is formulated at the beginning of the year based on a risk assessment of each business and corporate line and executed in the respective regions and entities.

The Nomura India Internal Audit is a part of the Global Internal Audit team and participates jointly in several regional and/ or global audits through the year. Its remit includes auditing of functions within Nomura India businesses (residing in our Worli office) and the global offshoring centre (in Powai).

The India Audit team is based in the Powai office. It comprises of 33 Audit professionals with strong experience in Banking and Financial Services Audits and related areas. By qualification, the professionals are CAs, Engineers and MBAs.

The SOX Compliance team forms part of the Internal Audit function and will lead the design, execution, and monitoring of the SOX (Sarbanes-Oxley) compliance program for the Wholesale Banking division. This role ensures robust internal controls over f inancial reporting (ICFR), manages control testing and documentation, drives remediation plans, and acts as a key liaison with auditors and senior stakeholders across global functions.

Key Objectives Critical to Success

- Lead the end-to-end SOX program for Wholesale Banking, including risk assessments, control scoping, walkthroughs, and testing of key controls under the COSO f ramework.

- Perform walkthroughs of key processes with business owners to understand the design and control effectiveness.

- Supervise and review the work of SOX Associates and Analysts; provide guidance and training as needed. It also requires the hands-on execution of complex, business-critical processes.





- Engage with process owners across middle and back office, operations, finance, and technology to ensure controls are appropriately designed and operating effectively.

- Identify controlgaps or deficiencies, conduct root cause analysis, and oversee remediation and Issue

validation efforts.

- Manage and maintain SOX documentation, including process narratives, risk -control matrices (RCMs), test scripts, and f lowcharts.

- Coordinate with internal and external auditors during planning, f ieldwork, and reporting stages; address audit queries and f indings effectively.

- Monitor changes in business processes, regulatory expectations, or control frameworks and update the SOX program accordingly.

- Provide regular updates and reporting to senior management, audit committees, and governance forums on SOX program status, risks, and issues.

- Drive continuous improvement initiatives to enhance SOX program efficiency and effectiveness through automation, data analytics, and process re-engineering.

- Track and report progress of control testing and issue remediation using Connected risk.

- Stay updated on regulatory changes and industry best practices in internal controls and SOX compliance.

Skills, experience, qualifications, and knowledge required:

Essential

- Conducting SOX audits within various Divisions such as Operations, Finance, Middle Office etc. with limited or no guidance, including working with management and timely escalation of exceptions to issue coordinators.

- Have a strong ability to understand and audit various business processes,



identify risks and mitigating controls in the processes being reviewed.

- Ability to test and validate issues that are remediated by management.

- Have capabilities in documenting processes, and drafting issues and remediation plans.

- Assisting SOX program in conducting risk assessments and monitoring performance and developments on a continual basis, and to provide inputs into formulation of the SOX scoping.

- Well versed with general audit practices and standards.

- Have a reasonable understanding of banking and/ or capital markets processes.

- Ability to communicate effectively at various levels and across multiple regions and teams in English.

- Should be available to work f rom office or remotely as required by the company’s policies.

- Ability to deliver to deadlines (budget and time).

- Ability to build relationships with the auditees and inf luence control initiatives.

- Good understanding of Microsoft Office (Excel, PowerPoint, Word, and Visio )

- Basic proficiency in coding languages, data visualization tools, Bi, SQL etc.

Desirable

- Solid Communication and Interpersonal skills

- Collaborator

- High degree of initiative

- Strong analytical skills including data analytics

- Exposure to Capital Markets/ Investment Banking / Operations/ Finance/ Middle Office Operations audits

- Reasonable understanding of related topics like Data Management, Information Security, BCP, IT Risk

- Ability to work in shifts if necessary.

- Ability to work in a multi-cultural environment.

- Exposure to project management disciplines

- Additional Certifications like CA, CFA, CISA, CIA or equivalent.

Position Specification:

- Desired Experience (in years): At least 5 – 8 years of post-qualification experience in f inancial services industry or public accounting supporting f inancial services.

📌 Associate Internal Audit - SOX (Mumbai)
🏢 ASTERION
📍 Mumbai