Internal Control (CA)

Position Overview:

This position will be an integral part of the Internal controls team and will be responsible managing process notes by way of review, getting timely approvals and checking the process implementation. To minimize the organization risks, promote operational efficiency, and adherence to policies, rules, regulations, and laws. Review the Process on daily/weekly/Monthly/ basis; Exception reporting, Risk & Controls Matrix, Regulatory assurance, Coordination with internal & external stakeholders for smooth processing will also be part of this job.

Role & responsibilities:

1. Preparation and review of policy & process documents.

2. Testing of processes with live data.

3. Follow-up with departments heads for the review and approval of policy & processes

4. Publishing Dashboards, Presentations & Reports for senior management from time to time.

5. Maintaining policy & process trackers for effective monitoring and control.

6. Validation of policy implementation post approval across departments.

7. Tracking the go live of approved processes and their test records.

8. Managing the document repository for policies and processes.

9. Sharing approved policies and processes with departments on request.

10. Conducting meetings with stakeholders time to time to discuss the policy and process level changes as per business / regulatory requirement.

11. Audit of approved processes and raising observations, if any. Tracking closure of all reported observations.

12. Periodic review and updation of policy and process templates.

13. Responsible for understanding the organization structure and implementation of the internal business controls environment.

14. SOPs align business goals, and avoid process breakdowns / system failures / business interruptions. SOP establishes transparency; ensures independent review of business functions and secures stakeholder confidence.

15. Operational risk management framework to create and drive the execution through stake holders. Risk indicator dashboard for the board.

16. Responsible for effective ORM can be achieved through a process that involves governance structure, operational risk identification, assessment, measurement methodologies, policies, procedures, and processes for mitigating, controlling, monitoring, and reporting of operational risks.

17. Identifying fraud related scenario .Review with various units and presenting key risk to senior management.

18. Assist the team lead to monitor process activities and conduct checks through an ongoing risk assessment.

19. The risks and any changes should be reported to Team lead and senior management as per the formats defined.

20. Implementation of Risk Control Self-Assessment framework

21. Documenting incidents of process and operational exceptions and reporting to stakeholders.

Preferred candidate profile:

I) Capabilities

1) Vision and Strategic Orientation: Developing, communicating, and aligning others around organizations vision and strategy for the future. Taking a long-term perspective on problems and opportunities and proposing innovative strategies that leverage the organizations competitive advantage.

2) Planning and Organizing: Effectively managing time and resources to achieve short and long term goals, balancing detail-orientation with speed of execution while planning and prioritizing

3) Teamwork: Leveraging self and collective capabilities to work seamlessly. Sacrificing ones own agenda in the interest of the team / organization. Fostering a cooperative/collaborative work environment.

4) Facilitating Change: Demonstrating flexibility and willingness to embrace change. Proactively challenging the status quo, championing and driving change management initiatives within the workplace.

5) Communication Skills: Conveying ideas and opinions (verbal and written) in a clear, concise, timely, and understandable way. Listening, empathizing and using the right content, mode and style of communication to suit the target audience.

6) Creativity and Innovation: Demonstrating ability to challenge the status quo, think out of the box and come up with new & doable solutions. Fostering a climate that encourages creativity and innovation.

7) Drive for Results: Maintaining a focused commitment to achieving results despite unanticipated obstacles. Setting challenging goals and standards of excellence for self and the team and continuously evaluating self/team performance against them.

8) Problem Solving and Decision Making: Identifying and resolving problems/making decisions in a timely manner after thorough analysis of all relevant sources and options keeping in mind the current and future impact of these decisions on the company's objectives.

9) Developing Self and Others: Valuing continuous learning by fostering a climate for the learning and development of self and others based on the needs of the organization and the individual, providing coaching support and feedback.

II) Technical /Specialist Skills & Knowledge Expected For This Particular Role

1) Effective Communication skill: should know when to speak; what to speak and how to speak 2) Writing& Presentation skill: perfect e-mail generation and note making ability, content should reveal an intelligent, creative and well-read mind.

3) Good hands on MS Office.

4) Basic understanding of stock market and various products Equity, Futures and Options, Debt segment etc.

5) Ability to work with cross functional teams.

Qualifications:

1. Qualified CA (Freshers) in 1st or 2nd attempt.

2. Willing to work in Team and collaborate with various Auditee stakeholders / parent and subsidiary companies stakeholders.

3. Ability to handle large amounts of data, derive the desired outcome to compile in detailed audit reports.

4. Strong verbal and written communication skills to effectively communicate audit issues, root-cause, risks and advice to stakeholders.

5. Proficient in MS office (Excel/Word and Power point) and should be technically sound to use various softwares, tools and databases.