Skill required:
Risk & Compliance - Operational Audit & Compliance
Designation:
Risk and Compliance Specialist
Qualifications:
Any Graduation
Years of Experience:
7 to 11 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do?
You will be aligned with our Risk and Compliance vertical and help us perform compliance reviews, publish reports with actions and provide closure guidance as needed. We design & recommend effective controls to mitigate risks and help service delivery team prepare for upcoming client / external audits. Risk & Compliance involves identifying, assessing, and managing risks to ensure an organization adheres to laws and regulations. This role includes developing risk management strategies, conducting compliance audits, and implementing policies to mitigate risks. It also involves monitoring regulatory changes and ensuring the organization remains compliant. The goal is to protect the organization from legal and financial risks while maintaining ethical standards. Audit and manage effective implementation and delivery of functional processes within operations to mitigate risk. e.g. Policies; Anticorruption, BCM, InfoSec, P104, Records Management and Contractor controls. Establish processes to audit/validate current control effectiveness and drive improvements wherever required.
What are we looking for?
Lead and guide the ongoing design, execution, and continuous improvement of control monitoring of all risk types within business units to ensure accuracy, consistency and aggregation.
- Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks and controls.
- Incorporate results of quality monitoring activities, 2nd line testing, SOX testing and complaints reporting in control environment assessments and issue identification.
- Interpret aggregated testing and monitoring results and identify trends and issues related to key controls across business units.
- Work with and oversee the preparation of regular analysis and reporting of control monitoring and control testing results.
- Make recommendations and provide practical solutions for the update of Business Unit control, policy, procedure and risk/control documentation.
- Address material issues with senior management, including technical discussion of root cause and evaluation of corrective action plans.
- Collaborate with Business Unit and Risk Management partners as necessary to execute on key operational risk initiatives and assessments for the Division. The role requires an ability to implement change and act as a catalyst to improve internal controls and financial integrity within processes
- To oversee and review the various KPI’s and deliverables of Quality testing team.
- Handle client escalations for resolution, mitigation and continuous tracking
- Ensure compliance with internal policies (audit methodology and risk management) and obtaining, analyzing and evaluating documentation, reports, data, flowchart etc.
- Identify process gaps and establishing new processes, automation with emphasis on internal controls
- To ensure an effective communication process is in place with line management and team members. Strong customer service orientation.
- Analytical, detailed oriented, accurate with a sense of urgency to complete projects.
- Excellent organizational skills and ability to lead and manage projects independently as well as in a team setting.
- Excellent time management skills with the ability to manage multiple projects simultaneously.
- Experience in handling end to end process transitions, starting from feasibility to stabilization phase.
- The ability to work in a global environment with a strong customer focus, with experience of pro-actively working Roles and Responsibilities:
- In this role you are required to do analysis and solving of moderately complex problems
- May create new solutions, leveraging and, where needed, adapting existing methods and procedures
- The person would require understanding of the strategic direction set by senior management as it relates to team goals
- Primary upward interaction is with direct supervisor
- May interact with peers and/or management levels at a client and/or within Accenture
- Guidance would be provided when determining methods and procedures on new assignments
- Decisions made by you will often impact the team in which they reside
- Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
- Please note that this role may require you to work in rotational shifts
