IA Team Member-Support Services-Internal Audit
- Kotak Life Insurance
- 4 - 5 years
- Noida, Gurugram
- 5 days ago
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Job Description
About The Role New or Never Normal Job Title: Internal Audit Team Member Corporate Grade: CA fresher"s Kotak Overview Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai, India. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. At Kotak, we expect more from ourselves, than what anyone else expects of us. This way, we are creating a rewarding and delightful experience every day for our customers.We are an equal opportunity employer and we are opposed to discrimination on any grounds. Overall purpose of role As Kotak Internal Audit Member, you will be a part of Kotak Internal Audit Department (IAD) which aims to provide independent, reliable, valued, insightful and timely assurance to the Board and executive management thus demonstrating a role of an ENABLER . This is achieved by looking at the effectiveness of governance, risk/control framework over current and evolving risks, within the current and expected business environment and in accordance with the international standards definition of internal auditing.Kotak IAD is a 200+ member department spread across 5 locations (Mumbai, Ahmedabad, Bangalore, Chennai and Delhi) which is set up to perform Internal Audits for KMBL (Kotak Mahindra Bank Limited) Flagship Company of the Kotak group. A one-stop shop.4 Strategic Business Units - Consumer Banking, Corporate Banking (Wholesale Banking), Commercial Banking, Treasury. Key Accountabilities Executing the delivery of the Kotak IAD"s Audit plan for the calendar year." To assist the Team Supervisor / Team Lead on assigned audit work of KMBL Businesses & Processes. This will entail working on the audit to deliver the Audit Planning Memo, Controls Document, agree issues & action plans with management and submission of draft report to the Team Supervisor." Demonstrate sound knowledge of both business/technical areas and expert knowledge in the audit process, including the IA systems, to ensure that audit work is carried out with a high standard that meets all methodologies." Demonstrate sound knowledge of regulations governing the bank (RBI, IRDA, SEBI, FEMA, FIMMDA, FEDAI, FATCA, NDS-OM, etc.)" Conducts reviews to understand end-to-end process, evaluate and highlight key control deficiencies, analyse root cause and discuss / agree with management for effective and timely remediation plans." Manage individual workflow to ensure timely report deliveries with quality articulation of audit queries" Writing high quality audit reports. To embrace and demonstrate effective Audit report writing & presentation skills from E2E perspective (Planning, Execution, Discussion, Clarification, Finalisation, Documentation into system etc.)" Endeavouring to update awareness of risk issues and changes across relevant business units and use this knowledge to update the audit approach." Driving and leading discussions with relevant stakeholders regarding audit observations, consulting with IAD team supervisors / Team Leads. Decision-making and Problem Solving" Experience in data analytics and/or exposure to data science/machine learning techniques would be an added advantage.
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Data Science & AnalyticsRole Category: Business Intelligence & AnalyticsRole: Business AnalystEmployement Type: FreshersContact Details:
Company: Kotak Life InsuranceLocation(s): Noida, Gurugram+ View Contact
Keyskills: presentation skills machine learning internal audit process audit data science python data analytics scikit-learn regulatory numpy sql pandas r team leading predictive modeling statistical modeling machine learning algorithms logistic regression
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