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Team member-Assurance-Support Services-Internal Audit
Team member-Assurance-Support Services-Internal AuditConfidential • Mumbai, India
Team member-Assurance-Support Services-Internal Audit

Team member-Assurance-Support Services-Internal Audit

Confidential • Mumbai, India
16 days ago
Job description

Assurance Next is a strategic career development initiative aimed at attracting and nurturing mid-career talent across the bank's assurance functions- Internal Audit, Risk, and Compliance .

The program is designed to build future-ready leaders through structured learning, cross-functional exposure, and long-term organizational impact.

Eligibility

  • Open to employees across all functions
  • Target levels : M2 to M4

Selection Process

Includes an Assessment Test and Panel Interview to evaluate a candidate's potential and alignment with the role , ensuring readiness for a successful transition into assurance functions.

Program Highlights

  • Strategic Career Path
  • Assurance roles offer a unique enterprise-wide perspective, enabling professionals to understand systems, controls, risk frameworks, and interdependencies across the bank.

  • Leadership Incubator
  • Though Assurance functions represent a small fraction of the workforce, they contribute significantly to the bank's leadership pipeline, reinforcing their role in grooming future leaders.

  • Career Mobility
  • Professionals in Audit, Risk, and Compliance are well-positioned to transition into broader roles, backed by strong foundations in governance, risk management, regulatory compliance, and internal controls.

  • Cross-Functional Exposure
  • Assurance professionals engage with senior leaders across business, credit, operations, finance, and technology, gaining holistic insights and strategic visibility.

  • Professional Growth
  • Structured rotations, targeted learning interventions, and exposure to enterprise-level initiatives make Assurance Next a fast-track environment for career acceleration.

    Internal Audit -

  • Conduct end-to-end audits of bank processes and functions.
  • Identify control gaps, analyze root causes, and recommend remediation plans.
  • Draft high-quality audit reports and manage timely delivery.
  • Engage with stakeholders to discuss and finalize audit observations.
  • Ensure thorough documentation and alignment with audit standards.
  • Risk -

  • Perform risk assessments across IT, credit, liquidity & market.
  • Monitor risk indicators and maintain dashboards for tracking.
  • Automation & Implementation controls to mitigate identified risks.
  • Collaborate with business units and IT for policy exceptions and approvals.
  • Leverage tools like SQL, Python, and Excel for data-driven risk analysis.
  • Compliance -

  • Track and implement regulatory changes from RBI, SEBI, FEMA, etc.
  • Advise business and functional teams on compliance matters.
  • Review product and process notes from a compliance risk perspective.
  • Testing compliance with regulatory guidelines.
  • Support stakeholders in maintaining regulatory alignment.
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    Audit • Mumbai, India

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