
Audit and Risk Consultant
2 days ago
Join us in shaping the future of risk management and audit strategies.
- Key Responsibilities:
- Create comprehensive risk management plans to identify and assess potential risks, including credit, market, liquidity, regulatory, IT & Security, financial, fraud, and operational risks.
- Develop audit strategies aligned with risk assessments, regulatory frameworks, and internal policies covering all business lines, customer segments, products, and channels.
- Lead a specialized team in executing complex offsite audits and continuous control monitoring reviews.
- Foster collaboration between departments to drive efficiency in audit processes using technology such as Artificial Intelligence (AI) and Machine Learning (ML).
- Conduct thorough offsite audits and continuous control monitoring checks adhering to internal audit standards, legal and regulatory requirements, and best practices.
- Manage the execution of audit plans to proactively identify and remediate significant control issues.
- Ensure timely completion of audit plans with quality documentation and reporting.
- Design and develop data mart infrastructure for efficient data-based testing.
- Generate reports for control testing and review.
- Implement ongoing continuous monitoring processes to assess key risks and controls across various functions and business lines.
- Develop automated tests for real-time monitoring of control effectiveness.
- Identify and address significant control issues through continuous monitoring.
- Communicate effectively with regulators, board committees, senior management, and other stakeholders.
- Engage proactively with internal audit leaders, business heads, and functional teams to enhance control maturity.
- Share insights and best practices to improve audit quality and business controls.
- Lead a specialized team focused on complex offsite audit and continuous control monitoring activities.
- Stay updated on emerging audit technologies and trends, including AI/ML.
- Develop training methodologies and certification programs to build techno-functional capabilities in data science, analytics, visualization, AI/ML, and emerging technologies.
- Foster talent development through employee engagement, coaching, and continuous learning.
- Promote knowledge sharing and adoption of best practices within the team.
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