Internal audit of Trade finance transactions, cross border remittances, transaction Banking, cash management services, with a basic understanding of banking operations and relevant core banking applications.
Executing onsite client facing BFSI engagements for the above-mentioned areas with a focus on the following:
Evaluating the adequacy and effectiveness of policies, procedures, and controls
Assist in the development of audit work programs, and RACMs (key risk and control indicators)
Review and development of risk ratings and heat maps
Review and perform detailed Root Cause Analysis of critical events/ losses.
Assist in assessing risk, defining observations, and developing appropriate corrective actions.
Evaluate changes in regulatory requirements and ensure clients business processes are enabled to ensure compliance.
Perform and control the full audit cycle including risk management and control management over operations' effectiveness, financial reliability, and compliance with all applicable regulations.
Prepare audit reports and undertake discussions with respective stakeholders for report closure.
Prepare audit & risk committee MIS & packs for presenting to the various Board level committees.
Develop strong relationship with key stakeholders by addressing concerns in a timely manner.
Keep abreast of latest regulatory & risk management techniques and industry best practices.
Undertake data analytics across large data sets and present findings relevant to the underlying subject area. For e.g., Risk data analytics, consumer data analytics, fraud data analytics, etc.
Problem-solving skills i.e., conceptual, and analytical thinking
Excellent MS-Excel, Word and PPT skills
Excellent presentation and communication skills
Key performance metrics:
Adherence to project delivery timelines
Adherence to the firm's standards for processes and quality
Project profitability
Client feedback
Feedback from counselor and other team members
Other expectations:
An "ownership attitude" whose passion for solving issues and creating value grows from one project to another.
Strong analytical and logical skills
Strong business writing and oral communication skills
Collaborative and partnership-oriented and ready to work as a team member.
Demonstrated ownership over deliverables and project engagement.
Ability to handle highly challenging and time-bound projects with a positive mindset.