Internal Audit II Broking Business II CA II Malad-W II earliest joiner

Job Specifications
Broking Business Audit
Department: Finance and Accounts
Function: Internal Audit
Company: MOFSL
Location: Malad

Job Purpose
The Internal Auditor will be responsible for conducting thorough
audits of various operations, including depository participant
operations, custody operations, settlement operations, banking
operations within broking, and the payin and payout processes of
security and fund transfer of exchanges. The role involves
performing half-yearly audits of exchanges and ensuring compliance
with regulatory requirements and internal policies

Key Deliverables
- Depository Participant Operation Audit: Conduct comprehensive audits of depository participant operations.
- Evaluate the effectiveness of controls and compliance with
regulatory requirements.
- Custody Operation Audit: Perform audits of custody operations to ensure proper management
and safeguarding of assets.
- Assess the accuracy and completeness of custody records and
processes.
- Half-Yearly Audit of Exchanges: Lead and execute half-yearly audits of exchanges.
- Identify and report on areas of non-compliance and recommend
corrective actions.
- Settlement Operations Audit: Audit settlement operations to ensure timely and accurate
settlement of transactions.
- Review and evaluate the effectiveness of settlement procedures and
controls.
- Banking Operations within Broking Audit: Conduct audits of banking operations within the broking division.
- Ensure compliance with internal policies and regulatory
requirements.
- Payin and Payout Process Audit: Audit the payin and payout processes of security and fund transfers
of exchanges.
- Verify the accuracy and timeliness of transactions and related
documentation.

Role Requirements

- Educational Qualifications: CA
- Minimum 4+ years of experience in a Broking firm in Audit and total 6/7 years
- Strong understanding of depository participant operations, custody
operations, settlement processes, and banking operations within broking.
- Knowledge of regulatory requirements related to exchanges and financial transactions
- Domain Knowledge: Audit in Broking Industry