IN Senior Associate Control Testing Internal Audit Services Advisory Pune

IN-Senior Associate Control Testing Internal Audit Services Advisory - Pune

Company: PwC

We are a community of solvers combining human ingenuity, experience, and technology innovation to help organisations build trust and deliver sustained outcomes.

Line of Service: Advisory

Industry/Sector: Not Applicable

Specialism: Risk

Management Level: Senior Associate

Job Description & Summary: At PwC, our people in audit and assurance focus on providing independent and objective assessments of financial statements, internal controls, and other assurable information enhancing the credibility and reliability of this information with a variety of stakeholders. They evaluate compliance with regulations including assessing governance and risk management processes and related controls.

Those in internal audit at PwC help build, optimise and deliver end-to-end internal audit services to clients in all industries. This includes IA function setup and transformation, co-sourcing, outsourcing and managed services, using AI and other risk technology and delivery models. IA capabilities are combined with other industry and technical expertise, in areas like cyber, forensics and compliance, to address the full spectrum of risks. This helps organisations to harness the power of IA to help the organisation protect value and navigate disruption, and obtain confidence to take risks to power growth.

Responsibilities:

• Have a good understanding of the Bank Risk & control framework and the underlying concepts on Risk Management.
• Assist in performing the monitoring review that augments the principles defined as per risk and control assessment methodology.
• Involve in Control & Monitoring Design Assessment meetings and understand the monitoring steps and correlate with the controls.
• Monitor the compliance of control as appropriate to the regulatory requirement. This could be mostly in the Medium to High complex reviews with an Inherent Risk rating of 1 or 2 (predominantly).
• Collaborate with onshore and offshore teams in gathering the necessary evidence required to perform the testing. Escalate any control failures.
• Timely submission of results in the Bank Risk & Control system.
• Assist in the creation and maintenance of reports for control tracking and analysis.
• Identify risks across the business and organize cross-functional solutions.
• Additional duties as assigned.

Mandatory skill sets: Control Testing

Preferred skill sets: Internal Audits

Years of experience required: 4+

Education qualification:

• B Com, MCOM, MBA, BE

Required Skills: Controls Testing

Optional Skills: Accepting Feedback, Accounting and Financial Reporting Standards, Active Listening, Analytical Thinking, Artificial Intelligence (AI) Platform, Auditing, Business Process Improvement, Communication, Compliance Auditing, Corporate Governance, Creativity, Data Analysis and Interpretation, Data Quality, Data Security, Data Transformation, Data Visualization, Empathy, Financial Accounting, Financial Audit.

Travel Requirements: Not Specified

Available for Work Visa Sponsorship? No

Government Clearance Required? No