54 NovoTree Minds Consulting Jobs
Internal Auditor - Bank/NBFC (2-5 yrs)
NovoTree Minds Consulting
posted 2mon ago
Internal Auditor
Job Description:
- Conducting process level audits and having knowledge of Wholesale / Retail (Credit and Operations) along with some of the other functional areas (Risk, Compliance, Treasury, HR, Accounts).
- Maintaining adequate work papers and documentation along with adherence to Internal Audit policies and Regulatory guidelines.
- Drafting of Audit reports and suggesting suitable recommendations to address the process level observations.
- Holding effective discussion with senior level management for agreement with findings and closure of observations with adequate management responses.
- Follow-up of open observations within timelines to ensure closure of observations as per agreed plan.
- Assisting the HIA in preparing Risk Based Internal Audit plan and completing assigned audits as per plan IFC.
- Preparing Risk Control Matrix (RCM) for business processes and conduct of walk throughs with process owners and controls testing.
- Suggesting process improvements areas and taking up with business process owners to update SOP and process flow charts.
- Identifying potential financial reporting risks (FRR) across processes along with design and implementation gaps.
- Taking up with process owners to implement the suggested process improvements and involve in continuous testing of processes to identify any material weaknesses in the internal controls in rocsystem/pesses.
- Periodic testing of loan software's for system and process gaps.
Skills:
- Should have experience of effectively building relationships with process owners in a positive and proactive manner.
- Should be well versed with framing and conducting Risk Based Internal Audit Plan.
- Should have worked with NBFCs/Banks and have knowledge Regulatory guidelines and other functional areas.
- Should have experience and willingness to quickly gain knowledge of changing business and system.
- Should be aware of IFC guidelines as per Companies Act and ICAI.
- Risk Based Internal Audits.
- IFC/SOX at NBFCs/Banks.
Functional Areas: Accounting/Finance
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