Broking Audits:
- Perform audits on broking operations to verify adherence to compliance and regulatory requirements.
- Analyze trading practices, client interactions, and financial reporting to identify potential discrepancies or issues.
- Perform detailed audits of broking activities, including trading practices, client transactions, and account management.
- Evaluate the effectiveness of internal controls and risk management processes related to broking operations.
- Ensure that broking operations adhere to relevant regulations and industry standards, including compliance with financial market regulations and anti-money laundering (AML) requirements.
- Monitor changes in regulatory requirements and update audit practices as needed.
- Analyze transaction records, trade confirmations, and client communications to identify discrepancies, unauthorized activities, or compliance issues.
- Verify the accuracy and integrity of financial reporting related to broking activities.
- Assess the design and effectiveness of internal controls implemented in broking processes.
- Identify control weaknesses or gaps and recommend improvements to enhance operational efficiency and compliance.
Alternative Investment Funds Audits:
- Conduct detailed review and audits of compliance with the SEBI AIF Regulations as well as compliance with the Fund Documents.
Investment Banking Audits:
- Conduct comprehensive audits of investment banking activities, including underwriting and advisory services.
- Evaluate the effectiveness of internal controls and risk management processes.
- Ensure compliance with relevant regulations and industry standards.
Research Analysts Audits:
- Review the methodologies and practices used by research analysts to ensure compliance with ethical standards and regulatory requirements.
- Assess the accuracy and integrity of research reports and recommendations.
- Examine research reports and recommendations for completeness, accuracy, and adherence to ethical guidelines.
- Ensure that research findings are supported by adequate evidence and analysis.
- Verify that research activities comply with relevant regulations, industry standards, and internal policies.
- Monitor changes in regulations and ensure that research practices are updated accordingly.
- Evaluate the effectiveness of internal controls related to research activities.
- Identify any gaps or weaknesses in controls and recommend improvements.
Non- Banking Financial Companies:
- Conduct Statutory, Internal, Compliance and Risk Based Audits of Non-Banking financial services companies.
- The role further would involve conducting process reviews and testing of Internal Financial Controls of the NBFCs. Secretarial Compliance Audits:
- Examine corporate governance practices and secretarial compliance with statutory and regulatory requirements.
- Review board meeting minutes, statutory filings, and other corporate documents to ensure accuracy and completeness.
- Prepare detailed audit reports outlining findings, recommendations, and areas for improvement.
- Maintain comprehensive documentation of audit procedures and results.
HR & Admin Audits:
- Conduct comprehensive audits of HR processes, including recruitment, employee onboarding, performance management, payroll, and benefits administration.
- Assess compliance with labor laws, company policies, and employment regulations.
- Review employee records for accuracy and completeness, and ensure adherence to data protection regulations.
- Evaluate administrative processes, including office management, procurement, and expense management.
- Review compliance with internal controls and organizational policies related to administrative functions.
- Identify opportunities for improving efficiency and effectiveness in administrative operations.
- Assess the design and operational effectiveness of internal controls within HR and administrative functions.
- Identify control weaknesses, compliance issues, and potential risks, and recommend corrective actions.
- Ensure HR and administrative practices comply with relevant regulations, such as labor laws, tax regulations, and company policies.
- Stay updated on changes in regulations and ensure that internal practices are aligned with current requirements.
