Job Description for Internal Audit – Junior Role
Job Description for Internal Audit – Junior Role
Location: Mumbai
Employer:
STCI Finance Ltd. is an NBFC-ND-SI offering Wholesale/Corporate Lending products across multiple locations in India. The Company is looking for experienced legal professional to mainly handle the legal documentation function pertaining to its lending business.
Employee Role:
Mainly to provide support to the internal audit business function of the Company which is required in the functioning. The Candidate is expected to provide pro-active, practical, qualitative and thorough when working.
Key Responsibilities -
- To prepare the risk and control matrix (RCMs), risk-based audit plan as well as the audit work program (AWP).
- To carry out the Management Testing for IFC related controls & submit the same to the Statutory Auditors.
- To carry out the risk based internal audit as per the defined audit plan to assess the effectiveness of internal controls and compliances of organizational process and policies.
- To co-ordinate with the various departments for collection of data required for internal/ concurrent audit and to ensure follow up on audit findings of internal/ concurrent auditors.
- To obtain management responses on audit observations and prepare the internal audit report and Presentation to Audit Committee.
- Detailed root cause analysis to pinpoint exact issue and subsequent help in resolution and suggested process to enhance internal controls.
- Value addition by auditing by interlinking the process and connecting the dots and providing business insights about the business in complex business scenarios and suggesting business/ process improvements.
- Provide support in development and updation of SOPs for business processes.