Audit Professional (Internal Audit/Risk Consulting) - Mumbai, India

About the Role

We are seeking experienced Internal Audit professionals to join our global bank. This role involves conducting risk-based internal audits across various functions and business lines, including Asset and Wealth Management (AWM), Private Wealth Management (PWM), Global Markets (GM), Capital Markets (equity and derivative products), Finance, Third-Party Risk Management, Treasury, Credit Risk, and Operational Risk. Your responsibilities will span process consulting, internal audit, and risk consulting across different geographies.

Key Responsibilities

Conduct risk-based internal audits across diverse global banking functions.

Perform process walkthroughs and develop Risk Control Matrices (RCM) for audit execution.

Assess internal controls, identify process gaps, and recommend effective improvements or management action plans.

Produce comprehensive written documentation for process walkthroughs, RCMs, testing, and audit observations.

Support or lead audits, including Credit Risk and Trade Management (trade confirmation, trade reconciliation, EOD controls), demonstrating a strong understanding of risk and controls.

Engage with global stakeholders to discuss audit observations.

Prepare clear and concise audit reports with actionable recommendations.

Develop and implement Standard Operating Procedures (SOPs) for process enhancement.

Evaluate trading desk operations.

Apply strong analytical and stakeholder management skills in client-facing interactions.

Ideal Candidate Profile

Experience in Internal Audit or Risk Consulting within a global bank, investment bank, or a Big Four firm.

Sound understanding of Global Markets and Capital Markets products (equities, futures, options, swaps).

Strong knowledge of various global bank business lines and the trade lifecycle.

Solid domain knowledge of securities-related regulations, particularly from the PRA.

Ability to perform and interpret process gap analyses.

Excellent written and verbal communication skills, with strong presentation abilities.

Understanding of control rationalization, optimization, effectiveness, and efficiency.

Hands-on experience with Data Analytics, Tableau, and data visualization tools.

Comfortable managing multiple engagements across different functions.

Willingness to travel.

Qualifications

Qualified Chartered Accountants (CAs) with articleship from Big Four firms, or MBAs from reputable Business Schools.

3-10 years of experience in risk consulting, internal audits, or relevant industry roles within Global Markets, Capital Markets, Operations, or Compliance functions. This includes a solid grasp of internal audit principles, business processes, and sector-specific knowledge.

Certifications such as Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) are considered an advantage.

Selection Process

Candidates can expect 2-3 rounds of interviews. The initial 2 rounds will be virtual, with the final round conducted either in-person or virtually. The focus will be on assessing fitment and communication skills.

Compensation

Compensation is competitive and aligned with industry standards. Specific details will be shared with shortlisted candidates.

Additional Information

Number of Positions: 10 (5 Consultant, 3 Assistant Manager, 2 Manager)

Location: Mumbai