Control Testing

Regulatory, Risk & Forensic

Our Regulatory, Risk & Forensic team supports client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform organizations. Leverage advanced data, AI, and emerging technologies with deep domain and industry insights to help bring clarity from complexity and accelerate the path to value creation.

Position Summary

Level: Consultant or equivalent

As an experienced Consultant at Deloitte Consulting Services, you will be responsible for individually delivering high quality work products within due timelines. Need-basis you will be mentoring and/or directing junior team members/liaising with onsite/offshore teams to understand the functional requirements.

Work youll do:

Our Regulatory, Risk & Forensic Operate professionals help organizations effectively navigate business risks and opportunities—from strategic, reputation, and financial risks to operational and regulatory risks—to gain competitive advantage. We apply our experience in ongoing business operations and corporate lifecycle events to help clients become stronger and more resilient. Our market-leading teams help clients embrace complexity to accelerate performance, disrupt through innovation, and lead in their industries. 

We support clients by delivering Operate services spanning the Regulatory, Risk & Forensic portfolio. We embed continuous advantage through domain, industry, technology / Gen AI, and transformation skills to perform client business functions that manage risk and deliver value - added outcomes.

The Consultant will be responsible for completing timely and high-quality validation activities, as well as, for identifying issues, validation concerns, and observations, recommending corrective actions, presenting results of validation reviews, interfacing with business partners, and writing reports. Additionally, in this role, you will:

• Plan and complete testing within required timeframes and in accordance with established processes and procedures
• Applying risk analysis principles, determine the scope, including focus, objectives, and rationale
• Develop testing strategies, including procedures and selection of samples, sample size, and rationale 
• Prepare working papers, ensure that documentation appropriately supports the testing conclusions, and document process flows and describe major processes within the area being reviewed
• Analyze the results of testing and review activities. Analyze exceptions and make recommendations to enhance internal controls
• Ensure that testing is accurate, complete, and in accordance with standards and protocols. Communicate test/review results and issues/concerns to leadership, validating and recommending resolutions to issues
• Effectively communicate the testing or validation process, status, and results to business and risk partners
• Write and/or review reports or presentations that clearly articulate the results/conclusions of testing or validation activities
• Effectively communicate with leadership and escalate validation concerns or issues as appropriate
• Identifying and implementing efficiencies and process improvements
• Complete assigned activities in accordance with established processes and procedures under limited supervision
• Actively participate in learning & development opportunities to ensure the use of best-in-class processes and procedures
• Proven client-facing experience with strong relationship-building skills
• Experience in coaching and mentoring junior team members
• Developing clear and concise reporting to be shared with leadership
• Assist in managing change to ensure an effective risk management program

The team: 

We are experts in :

• Providing FinCrime Operate solutions to optimize cost, quality, and effectiveness of FinCrime operations, including transaction monitoring, fraud investigations, Know Your Customer, screening, and controls testing, leveraging GenAI, technology platforms, and data analytics.
• Comprehensive Discovery and data analysis support, preservation, collection, processing, hosting, and production using advanced technologies and GenAI.
• Industrialized testing and transformation of regulatory, risk, and compliance processes, driving efficiency with automation, GenAI, and technology.
• Dynamic, cost-effective risk monitoring using expert resources and technology to quickly identify elevated risks and potential noncompliance.

Qualifications

Must Have Skills/Project Experience/Certifications: 

• 4 - 7 years of hands-on experience in in risk management (includes control testing, issue identification and validation, compliance, financial crimes, operational risk, internal audit, business process management)

Good to Have Skills/Project Experience/Certifications: 

• Financial services knowledge: compliance, risk management, audit operations
• Experience in testing procedures; evaluating policies, processes, controls; identifying compliance issues
• Public accounting experience in audit or SOX advisory/consulting
• Intermediate Microsoft Office skills
• High responsibility, initiative, accountability
• Excellent communication skills
• Strong analytical skills, attention to detail
• Ability to interact across organizational levels

Education: 

• B. Com / BBA or similar 3 year graduate course
• M.Com / MBA or similar post grad course (Tier 2/3 colleges)

Location:

• Hyderabad , Bangalore, Chennai
• The professionals are expected to work from Office all 5 days in a week.

Shift Timings: 

• 11 AM to 8 PM or 2 PM to 11 PM IST as per business requirements. Role & responsibilities

Preferred candidate profile