Assistant Vice President – Control Assurance/Internal Audit – Financial Services

Looking for control assurance + audit + any risk under operations side, 1st LOD

Assistant Vice President Expectations:

– To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

– Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes

– If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

– OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.

– Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

– Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.

– Take ownership for managing risk and strengthening controls in relation to the work done.

– Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.

– Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

– Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.

– Communicate complex information. ‘Complex’ information could include sensitive information or information that is difficult to communicate because of its content or its audience.

– Influence or convince stakeholders to achieve outcomes.

To be successful as a AVP Controls Assurance, you should have experience with:

– 7 + years of overall experience of Controls Assurance/Testing along with one or more of the horizontal/principal risks noted above.

– Knowledge of applying Data Analytics techniques.

– Knowledge of one or more principal risks in Data governance, date lineage data quality, Records Management (retention, disposal etc.), People Risk (HR), Supplier risk (Third Party Service Provider), Premises, GRS etc.

– Basic Minimum Educational Qualification – Graduate/ or equivalent.

– Experience in the application of methodologies relating to Control Design Effectiveness Assurance and Operating Effectiveness Testing and/or thorough knowledge of one or more principal risks noted above with a desire and aptitude to work in controls assurance environment.

– Strong interpersonal skills and ability to communicate effectively across a global team.

– Experience to consolidate and process information from multiple sources to create meaningful insight and reporting for stakeholders.

Some other highly valued skills may include:

– Relevant professional certification (CA, CIA, CS, MBA) or equivalent

– Knowledge of process re-engineering e.g. LEAN / DMAIC / Value Mapping would be beneficial, but is not essential.

– Experience of working within the financial services industry.

– Experience of working in a risk, control, audit or governance function.

– Knowledge of Project Management and Change Management, proven through a relevant professional qualification e.g. Prince2, Project Management Institution would be beneficial, but is not essential.

– Experience with databases and data science/analytics tools (SQL, Tableau, Qlik, Power BI etc.)

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

Location – Pune.