Company: DBS Bank
Location: Maharashtra, India
Employment Type: Full-time
Description:
Business Function
Audit helps the Board and Executive Management meet the strategic and operational objectives of the DBS Group. We conduct independent checks to ensure that the Groups risk and control processes are adequate and effective. All our team members are highly sought-after professionals who work as trusted advisors to our clients, in all matters related to a companys internal controls.
Job Purpose:
Support VP – Audit in the development and execution of the audit strategy and audit plan in accordance with the Departmental, ICAI (Institute of Chartered Accountants of India) & IIA standards.
Key Accountabilities:
Assisting the VP – Audit in development of the Audit strategy and audit plan
Execution of the audit plan and audit engagements as and when assigned, in accordance with the departmental, ICAI and IIA standards
Job Duties & Responsibilities:
Audit Strategy and Execution
Support VP in the development and maintenance of the audit strategy and plan
Manage and execute… the audit plan and audit engagements as and when assigned, in accordance with Departmental, ICAI and IIA standards
Actively contribute to Audits Vision and Mission through proactive, agile and continuous auditing by embracing digital and data-driven mindset
Support in on-going (continuous) monitoring & auditing of DBS India Corporate Banking and Transaction Banking business by applying business, industry and market insights to identify any emerging risks
Relationship Management
Manage & maintain key stakeholder relationships including line management of the Business/Support Units
Contribute to Group Audits role as a Trusted Advisor / Learning Facilitator to the BU/SU in control matters
Subject matter expertise
Contribute in subject areas by providing subject matter expertise
Actively advise and promptly apprise VP/SVP Audit and/or the Location Audit Head and/or Functional Audit Head (FAH)/Deputy FAH in Singapore of all major risk, control and regulatory issues arising during the audit, identified during continuous monitoring and continuous auditing, and, through regular contact with the BU/SU management.
Support VP Audit in reviewing new products / services initiatives relating to Wholesale/Corporate Banking and Transaction Banking
Ascertain that major concerns and recommendations raised by internal and external auditors and regulators are resolved by the BU/SU promptly, adequately and satisfactorily
Staff development
Support staff and self development
Keep abreast of own professional development to enhance ones skills and competence
Coach and guide junior staff on all audit engagements
Required Experience:
Min 8-12 years experience in either handling Wholesale/Corporate Banking Credit Administration processes and Transaction Banking – Products/Processes, or, in handling audits of Wholesale/Corporate Banking Credit Processes and Transaction Banking – Products / Processes
Expected to understand the Internal Audit standards and the general audit practices
Education / Preferred Qualifications:
Chartered Accountant with 8-10 years post-qualification experience.
Other qualifications/certifications CIA, CISA, Trade & Credit related certifications etc. would be added advantage
Core Competencies:
Risk and control mindset
Excellent Data analytical skills
Excellent Communication and Inter-personal skills
Understanding of Banking operations in India
Technical Competencies:
Sound Audit & accounting skills,
Knowledge of Indian Audit & Accounting regulations as well as IIA Standards,
Strong knowledge of Indian regulations and Products/Processes relating to Wholesale/Corporate Banking Credit and Transaction Banking
Source: Shine
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