Trade finance & Remittances

Key responsibility areas:

Internal audit of Trade finance transactions, cross border remittances, transaction Banking, cash management services, with a basic understanding of banking operations and relevant core banking applications.

Executing onsite client facing BFSI engagements for the above-mentioned areas with a focus on the following:

§ Evaluating the adequacy and effectiveness of policies, procedures, and controls

§ Assist in the development of audit work programs, and RACMs (key risk and control indicators)

§ Review and development of risk ratings and heat maps

§ Review and perform detailed Root Cause Analysis of critical events/ losses.

§ Assist in assessing risk, defining observations, and developing appropriate corrective actions.

§ Evaluate changes in regulatory requirements and ensure clients business processes are enabled to ensure compliance.

§ Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability, and compliance with all applicable regulations.

§ Prepare audit reports and undertake discussions with respective stakeholders for report closure.

§ Prepare audit & risk committee MIS & packs for presenting to the various Board level committees.

§ Develop strong relationship with key stakeholders by addressing concerns in a timely manner.

§ Keep abreast of latest regulatory & risk management techniques and industry best practices.

§ Undertake data analytics across large data sets and present findings relevant to the underlying subject area. For e.g., Risk data analytics, consumer data analytics, fraud data analytics, etc.

§ Problem-solving skills i.e., conceptual, and analytical thinking

§ Excellent MS-Excel, Word and PPT skills

§ Excellent presentation and communication skills

Key performance metrics:

§ Adherence to project delivery timelines

§ Adherence to the firm’s standards for processes and quality

§ Project profitability

§ Client feedback

§ Feedback from counselor and other team members

Other expectations:

§ An “ownership attitude” whose passion for solving issues and creating value grows from one project to another.

§ Strong analytical and logical skills

§ Strong business writing and oral communication skills

§ Collaborative and partnership-oriented and ready to work as a team member.

§ Demonstrated ownership over deliverables and project engagement.

§ Ability to handle highly challenging and time-bound projects with a positive mindset.

Job Type: Contractual / Temporary
Contract length: 6 months

Pay: ₹30,000.00 - ₹80,000.00 per month

Ability to commute/relocate:

• Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Internal audit of Trade finance, Transaction Banking: 1 year (Required)

License/Certification:

• Chartered Accountant (Required)

Location:

• Mumbai, Maharashtra (Required)

Work Location: In person