Job highlights

- 7-9 years experience in Internal Audit or Risk Governance with expertise in Market and Counterparty Risk, process mapping, and knowledge of derivatives and collateral management
- Create and maintain process maps, SOPs, and documentation for risk processes; identify control gaps; collaborate with Risk, Front Office, IT, and Compliance teams; support process improvements and automation

Job Title: Internal Risk Auditor / Governance Location: Thane / Goregaon, Mumbai

Work Mode: Hybrid

Notice Period: Immediate Joiners to 30 Days

Relocation: Candidates who require relocation will not be considered

Job Summary

We are looking for an experienced Internal Risk Auditor / Governance professional with robust exposure to Market Risk and Counterparty Risk within the banking or financial services industry.

The role involves reviewing risk-related processes and controls, preparing end-to-end process documentation, identifying control gaps, ensuring audit and regulatory alignment, and driving process improvements.

Key Responsibilities

- Create and maintain end-to-end process maps, SOPs and work instructions for Market & Counterparty Risk processes.
- Document processes related to pricing, valuation, limit monitoring, collateral management and other risk activities.
- Capture process flows, data flows, system interfaces and user responsibilities.
- Review processes against internal audit findings, risk policies and regulatory requirements.
- Identify control gaps, process weaknesses, redundancies and improvement opportunities.
- Maintain proper audit trails, documentation and version control.
- Work closely with Risk, Front Office, Operations, IT and Compliance teams to validate processes and controls.
- Conduct discussions/workshops with stakeholders to understand existing processes and undocumented knowledge.




- Support continuous improvement and identify opportunities for process automation and efficiency.
- Maintain process documentation in platforms such as Confluence / SharePoint.
- Prepare governance/status reports for senior stakeholders and audit committees.
- Develop process guides and training material for new team members.

Required Skills & Experience
- 79 years of experience in Internal Audit, Risk Audit, Risk & Controls or Governance.
- Strong experience in Banking / Financial Services / Investment Banking.
- Good understanding of Market Risk and Counterparty Risk.
- Exposure to financial-market products such as:

- Derivatives

- Securities Financing

- Collateral Management

- Valuation / Pricing

- Limit Monitoring

- Credit Valuation Adjustment (CVA)
- Strong understanding of risk controls, audit processes and governance frameworks.
- Experience in process mapping and process documentation.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to interact with Risk, Front Office, IT, Operations and Compliance stakeholders.

Technical Skills
- MS Excel
- MS Word
- Visio / Lucidchart / ARIS
- Confluence / SharePoint
- Knowledge of risk-management systems such as Murex, Calypso or Bloomberg is an advantage.

Education Bachelors degree in Finance, Business Administration, Economics or a related field.

Professional certifications such as CIA, CPA or FRM will be an added advantage.

- Important: Only candidates currently based in Mumbai / nearby locations will be considered. Candidates requiring relocation will not be considered.

Interested candidates can share their updated resume to: [email protected]

Please include the following details in your email:

Total Experience

Relevant Experience

Current CTC

Expected CTC

Notice Period

Current Location

📌 Internal Risk Management Auditor (Thane)
🏢 Kiya.ai
📍 Thane