AVP Finance Chief Controls Office

Overview

Partner with the bank to provide independent assurance on control processes and advise on improvements to the efficiency and effectiveness of the internal controls framework. Lead a team performing complex control testing that impacts the whole business function.

What you'll do

• Execute ad-hoc assessments and testing of the design and operational effectiveness of internal controls, aligned to control policies and standards.
• Develop detailed test plans and procedures to identify control weaknesses, prioritised by severity to bank operations, potential losses and reputational impact.
• Communicate key findings and observations to relevant stakeholders and business units, and provide corrective actions to senior managers.
• Collaborate with other control professionals to resolve complex issues and ensure consistent testing methodologies across the bank.
• Develop a knowledge centre of control assessments, testing documentation, findings and material on internal controls to train and upskill colleagues.
• Set objectives and coach employees, appraise performance relative to objectives, and determine reward outcomes.
• Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.

What you'll need

• Experience in audit, assurance or SOX.
• Either a strong audit/assurance background or deep business knowledge of Accounting and Reporting frameworks and controls (PC, FC, Treasury, Regulatory domains).
• Ability to communicate internal control concepts clearly in a business context.
• Verbal and written communication skills to deal with internal and external stakeholders, including keeping them updated on audit progress and observation status.
• Understanding of Investment banking products and exposure to the Banking & Markets division.
• Understanding of Markets finance functions.

Nice to have

• Banking experience.
• Knowledge of internal control and regulatory requirements and practice, e.g. Sarbanes-Oxley, COSO, Basel IV regulations.
• Proficiency in MS Office packages (Outlook, Word, Excel, PowerPoint).
• Understanding of data analytics skills used in control testing.

Details

• Location: Gurugram.