Internal Audit - Broking Business

Job Title - Senior Auditor – Internal Audit (Financial Markets)

Internal Audit Vertical - Financial Markets

Job-description, role, activities and deliverables -

· Responsible and accountable for conducting internal audits of YES Securities Ltd. (Stock and Commodities Broking and Depository Participant business), and other audits conducted by the Financial Markets audit vertical

· Conduct the internal audits in a time-bound manner as per the approved Risk Based Audit Plan, Internal Audit Policy and Internal Audit Process

· Conduct the audits as per the scope of the audits which covers aspects of governance framework, policies, processes, business, products, risks, operations, information security, business continuity etc.

· Apply experience, knowledge and understanding to continuously improve the effectiveness of internal controls and efficiency in the processes

· Demonstrate sound knowledge of regulatory guidelines on Broking business and operations, Depository Participant business and operations, Equity Research, Alternate Investment Fund (AIF)

· Interpret the regulatory guidelines and its applicability and implementation by YES Securities Ltd.

· Oversight of concurrent audits for the areas within the vertical

· Conduct Thematic audits, Snap Audits, etc. on need-basis

· Undertake project(s) to improve and streamline the audit scope, checklists, checkpoints, Audit Planning Memorandum (APM)

· Engage with all the stakeholders for audit activities and issues

· Adhere to the quality standards as per the ISO norms

Any other audit related role and activities as and when assigned

Essential competencies -

· In-depth knowledge and experience of audit of retail and institutional broking, broking operations, Depository Participant business and operations, Alternate Investment Firms (AIFs), SEBI, Depositories, Exchanges guidelines

· Sound knowledge and understanding of operational risks, customer service and grievance redressal, compliances, and attendant processes

Flair to work with multiple auditee units simultaneously with a clear focus on closure of audit issues

Qualifications and relevant experience -

· 10 years of relevant experience in audit of medium to large Broking and Securities firms in India

CA / MBA, NISM certifications preferred