Manager - Internal Audit (Stockbroking)

Manager, Internal AuditBengaluru, IndiaAbout PhonePe Group:PhonePe is Indias leading digital payments company with 50 crore (500 Million) registeredusers and 3.7 crore (37 Million) merchants covering over 99% of the postal codes acrossIndia. On the back of its leadership in digital payments, PhonePe has expanded into financialservices (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which isIndias first localized App Store. The PhonePe Group is a portfolio of businesses aligned withthe companys vision to offer every Indian an equal opportunity to accelerate their progressby unlocking the flow of money and access to services. Culture 
At PhonePe, we take extra care to make sure you give your best at work, Everyday! Andcreating the right environment for you is just one of the things we do. We empower peopleand trust them to do the right thing. Here, you own your work from start to finish, right fromday one. Being enthusiastic about tech is a big part of being at PhonePe. If you like buildingtechnology that impacts millions, ideating with some of the best minds in the country andexecuting on your dreams with purpose and speed, join us! Job Role / Responsibilities
 
- Develop a comprehensive understanding of PhonePes business, systems, and processes.- Conduct risk-based internal audits across stock broking processes such as trading,settlements, depository participant (DP) operations, client onboarding, and regulatoryreporting.- Stay updated and ensure compliance with SEBI, NSE, BSE, NSDL, CDSL guidelinesrelated to capital market regulations and Research Analyst including best practices, andemerging trends- Acquire in-depth process understanding for planned audits, including processes, systemsinvolved, data flow, and datasets.- Execute audits from risk assessment, audit planning & scoping to execution & reporting.- Prepare / review RCMs, process notes, flow charts, and other working papers.- Drives and understand root cause of the observations and follow the 5 why approach forcorrective action plans.- Prepare comprehensive audit reports, ensuring clarity, accuracy, and adherence tointernal reporting standards.- Facilitate discussions with auditees on audit findings, ensuring a clear understanding ofidentified issues and recommendations, and report significant issues to senior management.- Provide timely updates on audits to the Internal Audit head, holding regular meetingswith auditees.- Ensure the overall quality of audit reports and audit documentation based on methodology- Plan resource and budget for audit and be able to lead the audit team- Handle Internal Audit organizational activities, including budgeting, risk assessment, andexternal stakeholder management.- Conduct periodic follow-ups with auditees to monitor the timely and effectiveimplementation of management action plans.- Demonstrates good understanding of data governance processes, practices, policies,and guidelines. Essential Skills/Qualification 
- Min 7 years of post-qualification experience in internal audit and/ or relevant function- Prior Industry experience in Broking Industry especially in Exchange or DepositoryOperations- Chartered Accountant or equivalent qualification - Sound understanding of controlenvironment, compliance, and risk frameworks.- Excellent written and verbal communication skills.- Strong problem solving and analytical skills.- Be able to work in a fast-paced role with competing priorities. Adaptable to projectrequirements and does what is required to get the job done.- Demonstrate ability for seamless execution, continuous improvement and problem solving.Preferred Skills & Qualification- Experience in internal audits or organization risk and control functions.- Review quantitative analysis that translates data into actionable insights. PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)
 

Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental
Insurance, Life Insurance

Wellness Program - Employee Assistance Program, Onsite Medical Center,
Emergency Support System

Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption
Assistance Program, Day-care Support Program

Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy

Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity,
NPS, Leave Encashment

Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy
Working at PhonePe is a rewarding experience! Great people, a work environmentthat thrives on creativity, the opportunity to take on roles beyond a defined jobdescription are just some of the reasons you should work with us. Read more aboutPhonePe on our blog. PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles) 

 Insurance Benefits -  Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance

 Wellness Program -  Employee Assistance Program, Onsite Medical Center, Emergency Support System

 Parental Support -  Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program

 Mobility Benefits -  Relocation benefits, Transfer Support Policy, Travel Policy

 Retirement Benefits -  Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment

 Other Benefits -  Higher Education Assistance, Car Lease, Salary Advance Policy

 Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog. 
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