Audit & Risk Advisory Manager - Banking & Financial Services

Audit & Risk Advisory Manager

The role involves delivering risk-based internal audits, risk consulting and process improvement engagements for global banking and financial services clients.

Key Responsibilities:

- Conduct risk-based internal audits and risk consulting engagements across banking and financial services functions.

- Perform process walkthroughs, control design assessments (CDA) and testing of operating effectiveness (TOE).

- Develop and maintain Risk Control Matrices (RCMs) and audit documentation.

- Assess internal controls, identify process gaps and recommend practical remediation measures.

- Conduct audits across areas such as Asset & Wealth Management, Private Wealth Management, Global Markets, Capital Markets, Finance, Treasury, Credit Risk, Operational Risk and Third-Party Risk Management.

- Demonstrate understanding of capital market products including equities, futures, options and swaps.

- Review trade lifecycle processes including trade confirmation, reconciliation and EOD controls.

- Evaluate trading desk operations and associated risks and controls.

- Perform process gap analysis and identify opportunities for control rationalization, optimization and improvement.

- Prepare clear and comprehensive audit observations, reports and actionable recommendations.

- Develop and implement SOPs and process improvement recommendations.

- Interact with global stakeholders and discuss audit observations, risks and remediation plans.

- Manage multiple engagements across functions and geographies.

- Support data analytics, Tableau and data visualization initiatives wherever required.

- Travel as required for client engagements.

Required Skills & Expertise:

- Internal Audit / Risk Consulting experience.

- Risk-based audit methodology, Control Design Assessment (CDA), Testing of Operating Effectiveness (TOE) and Risk Control Matrix (RCM).

- Strong domain knowledge of Asset & Wealth Management, Global Markets, Capital Markets, Treasury and Third-Party Risk Management.

- Strong understanding of banking processes and controls.

- Knowledge of equity and derivative products, trade lifecycle and securities operations.

- Strong analytical, problem-solving, presentation and stakeholder management skills.

Educational Qualification:

- CA with relevant articleship experience, preferably from a Big 4 firm, OR

- MBA from a top-tier B-school with relevant experience in risk consulting, internal audit, global markets, capital markets, operations or compliance.

- Preferred Certifications: CIA / CISA