Internal Financial Control

1 week ago


Mumbai, Maharashtra, India Skillventory Full time

Internal Financial Control -FRR Role with leading private Bank:

  • From 2 to 5 year(s) of experience
- ₹ Not Disclosed by Recruiter

  • Mumbaior

Roles and Responsibilities
Internal Financial Control -FRR Role with leading private bank**About the Role:

  • *
  • Being a IFC FRR Team member, performing IFC
  • FRR assessment for the units allocated which includes Test of Design, Test
- of Effectiveness of controls, identification of new / existing FRR for product / process changes, review of UAT / automation
- implementations for FRR impact; timely highlighting design & effectiveness level issues to the management for corrective

- actions.**Key Responsibilities:

  • *
- 1. Perform Process Walkthrough for allocated areas

  • 2. Perform Test of Design (TOD) to check whether designed of the control is adequate to mitigate potential / assessed risk
  • 3. Perform Test of effectiveness (TOE) to ensure that designed controls are operating effectively throughout the audit
- period

  • 4. Identifying root cause and financial impact of audit findings & suggest
  • 5. Reporting of observations to Process Owners, Senior Management & Audit committee
  • 6. Objective is to ensure that there are adequate controls for all potential financial risk
  • 7. Identifying and assessing design for system enhancements, BRDs, UAT, etc related to various systems
  • 8.
All new product & processes to be reviewed from FRR control perspective & design implementationLocation:

  • Mumbai
  • Working Model:
  • Office
  • Role:_Other
  • Salary:_ Not Disclosed by Recruiter
  • Industry:_Banking
  • Department:_Other
  • Role Category:_Other
  • Employment Type:_Full Time, Permanent


Key Skills
  • FinanceBankingRiskFinancial ControlReportingEducation
  • UG:_Any Graduate

Company Profile:

SKILLVENTORY

  • Leading RPO
  • Recruiter Name:_Riya Dave
  • Contact Company:_
    SKILLVENTORY
  • Telephone:_


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