CA/MBA Experienced 5-7 yrs required as Internal Controler -Rural Bank:IDFC
Position No:
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00003023
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Experience:
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5 -7 years
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Location:
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Mumbai
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Essential Skills:
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Rural Banking,Internal control
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Desired Skills:
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Process Management
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Description:
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Required Skills
Candidate should have experience in Internal Control Rural Banking.
Comprehensive understanding of different lines of businesses in the bank
MBA / Chartered Accountant by qualification.
Strong inter personal skills and leadership skills
Role Description
Designing the control framework within the bank keeping in mind the regulatory and group norms and guidelines
Study and review business process and process manuals for all business units of the bank, identifying key processes
Ensure process controls (covering finance and accounts, business processes, compliance, IT etc.) in line with leading industry practices are established by business.
Prepare risk and controls assessments (RCAs) for individual businesses
Testing control design and operating effectiveness of key controls and key risk indicators, at least on an annual basis
Identify and prioritize "Risks that Matter
Report risk incidents and perform Root Cause Analysis (RCA) for all risk events / near misses, document and share the findings with stakeholders
Develop a conformance testing framework to verify critical controls to ensure ongoing oversight
Analysis of loss data, review of errors, exposures, risks, to identify gaps in existing controls and mitigate them in consultation with the business
Review launch of new products and processes from risk assessment and controls perspective
Provide project risk governance oversight to internal stake holders from controls perspective
Ensure businesses are prepared for audit
Coordinate with Internal & External Auditors to demonstrate compliance as per defined regulatory and control standards
Ensure clear delegation of authority and segregation of duties
Train employees on their role in the overall internal controls process and on leading practices for managing emerging risks in areas such as IT, fraud, contract compliance etc.
Qualification
CA/MBA from premier institute
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