Audit and Risk Consultant

2 days ago


Mumbai, Maharashtra, India beBeeRisk Full time ₹ 1,04,000 - ₹ 1,30,878
Audit and Risk Management Professional

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).
Execution and Continuous Monitoring
  • 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.
Continuous Improvement
  • 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.
Communication and Stakeholder Engagement
  • 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.
People Development and Capability Building
  • 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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