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Audit Associate-SUPPORT SERVICES-Internal Audit at Kotak Mahindra Bank
Mumbai, maharashtra, India -
Full Time

Start Date

Immediate

Expiry Date

29 Jul, 26

Salary

0.0

Posted On

30 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Internal Audit, Audit Planning, Risk Assessment, Control Evaluation, Report Writing, Regulatory Compliance, Stakeholder Management, Root Cause Analysis, Audit Methodologies, Financial Regulations, Documentation, Process Review

Industry

Banking

Description
* To assist the Team Supervisor / Team Lead on assigned audit work of KMBL Businesses & Processes. This will entail working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues & action plans with management and submission of draft report to the Team Supervisor. * Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the IA systems, to ensure that audit work is carried out with a high standard that meets all methodologies. * Demonstrate sound knowledge of regulations governing the bank (RBI, IRDA, SEBI, FEMA, FIMMDA, FEDAI, FATCA, NDS-OM, etc.)  * Conducts reviews to understand end-to-end process, evaluate and highlight key control deficiencies, analyse root cause and discuss / agree with management for effective and timely remediation plans. * Manage individual workflow to ensure timely report deliveries with quality articulation of audit queries * Writing high quality audit reports. To embrace and demonstrate effective Audit report writing & presentation skills from E2E perspective (Planning, Execution, Discussion, Clarification, Finalisation, Documentation into system etc.) * Endeavouring to update awareness of risk issues and changes across relevant business units and use this knowledge to update the audit approach. Driving and leading discussions with relevant stakeholders regarding audit observations, consulting with IAD team supervisors / Team Leads
Responsibilities
The Audit Associate will assist in conducting end-to-end audits of business processes, including planning, execution, and reporting. They are responsible for identifying control deficiencies, analyzing root causes, and agreeing on remediation plans with management.