Internal Auditor (3-8 yrs)

Position Summary :

This position serves as a team member to validate the remediation of moderately complex Management Action Plans (MAPs) emanating from Global / Enterprise Business Management audits, executed remotely from Company India, working under the direction of audit management and more senior auditors. Aids in performing timely review and validation of specific actions taken by management to mitigate the risk(s) identified in the audit issue in order to maintain a healthy control environment. Validation of MAPs encompasses financial, operational, integrated audits and advisories of the Company in accordance with Company's Internal Audit (IA) Methodology.

Key Responsibilities :

- Handles routine to moderately complex assignments relative to validation of Management Action Plans and control testing of assigned Internal Audits.

- Perform testing of remediated issues to validate the action plan implemented by management to mitigate the identified risk.

- Select appropriate sample size percompany IA Methodology in support of the testing performed.

- Obtain and evaluate evidence(s) for sufficiency, appropriateness and adequacy of the remediation efforts.

- Maintain high quality of validation documentation to evidence that the reviewed and validation performed can be understood by an independent third party reader to enable them to draw a similar conclusion.

- Maintain validation document alongwith evidences in audit database for sign-off.

- Assist audit team in tracking and reporting the status of open audit issues and related MAPs.

- Disseminate and share best practices with audit team to add value to the MAP validation process.

- Participate in recommending enhancement(s) to the MAP validation process to gain efficiencies.

- Perform design evaluation and operating effectiveness testing of assigned controls from audit engagements.

- Analyze audit data/observations and document audit conclusions/findings

- Requires knowledge of internal audit best-in-class practices; risk management; and regulatory guidance and expectations (FRBB, OCC, SEC, State Insurance). Requires proficient knowledge of financial services products, services and regulations.

- Must have strong working knowledge and experience with the Institute of Internal Auditor's (IIA) International Professional Practices Framework (IPPF) to which the Internal Audit division's methodology is aligned.

- Working knowledge of data analytics tools (e.g. Power BI, Tableau) will be a plus.

- Required Experience: 3 years of auditing, accounting or other relevant experience.

- Preferred Experience: - 4 years of auditing, accounting or other relevant experience

- Experience in a regulated financial services environment is preferred.

- Advanced Microsoft Excel and working knowledge of data analytics tools (e.g. Power BI, Tableau).

Skills and Abilities:

Certified Internal Auditor (CIA), Chartered Accountant (CA) or Certified Public Accountant (CPA) or similar professional certification is a plus. In the event that the candidate does not maintain the CIA, CA, or CPA, the candidate will be required to complete one of these certifications within 18 months of joining the Internal Audit Division.