Risk & Controls (Non-US) - Process Audit - Senior Associate - BLR/KOL/HYD

Line of Service

Industry/Sector

Specialism

Management Level

Job Description & Summary

To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Use feedback and reflection to develop self awareness, personal strengths and address development areas.

• Delegate to others to provide stretch opportunities, coaching them to deliver results.

• Demonstrate critical thinking and the ability to bring order to unstructured problems.

• Use a broad range of tools and techniques to extract insights from current industry or sector trends.

• Review your work and that of others for quality, accuracy and relevance.

• Know how and when to use tools available for a given situation and can explain the reasons for this choice.

• Seek and embrace opportunities which give exposure to different situations, environments and perspectives.

• Use straightforward communication, in a structured way, when influencing and connecting with others.

• Able to read situations and modify behavior to build quality relationships.

• Uphold the firm's code of ethics and business conduct.

Key skills and responsibilities:

• Conduct comprehensive reviews and evaluations of banking processes, controls, and procedures to ensure adherence to regulatory requirements and best practices.

• Collaborate with cross-functional teams to identify and assess potential risks within the banking operations and develop effective control frameworks to mitigate these risks.

• Perform risk assessments and gap analyses to identify areas of improvement and develop action plans to address any identified deficiencies.

• Keep abreast of regulatory changes, industry trends, and emerging risks in the banking sector to ensure our organization remains compliant and proactive in risk management.

• Provide expert guidance and recommendations to senior management on matters related to banking processes, controls, and regulatory compliance.

• Work closely with internal stakeholders, external auditors, and regulatory bodies to address any compliance issues and foster a culture of compliance and risk awareness.

• Develop and deliver training programs to educate employees on banking regulations, compliance requirements, and risk management practices.

• Support the implementation and enhancement of policies, procedures, and guidelines related to banking operations, ensuring alignment with regulatory requirements.

• Utilize data analytics and technology tools to enhance audit and control processes, identify trends, and improve efficiency.

Interpersonal skills:

• Ability to work independently under general supervision with latitude for initiative and independent judgment

• Effective verbal and written communications, including active listening skills

• Ability to establish and maintain effective working relationships with team members and clients

• Detail-oriented

• Comfortable working on multiple projects simultaneously

• Excellent communication - written and verbal - would be expected

• Managing predominantly offshore engagements and relevant PwC Territory teams.

• Ensure client service delivery in accordance with the quality guidelines & methodologies

• Build and maintain client relationships by understanding and being responsive to client needs and ensuring high quality of deliverables

• Demonstrate strong analytical thinking and communication skills including the ability to research and understand complex processes and effectively communicate them to interested parties

Client management:

• Develop strong working relationships with the client and onshore client teams.

• Maintain excellent rapport and proactive communication with the stakeholders and clients. 

Operational excellence:

• Suggest ideas on improving engagement productivity, including through the use of technology, and identify opportunities for improving client service. 

• Ensure compliance with engagement plans and internal quality & risk management procedures. 

People related:

• Display teamwork, integrity, and leadership. Work with team members to set goals and responsibilities for specific engagements.

• Foster teamwork and innovation. 

• Utilise technology & tools to continually learn and innovate, share knowledge with team members and enhance service delivery. 

• Conduct workshops and technical training sessions for team members. 

• Be actively involved in team building activity for strong group/team synergy

• Contribute to the learning & development agenda and knowledge harnessing initiatives

Minimum qualifications:

• Bachelor's/Master’s Degree in Commerce / Economics / MBA/ BBA (or) Chartered Accountant. Advanced certifications such as CIA, CISA, CAMS, or relevant professional qualifications would be advantageous.

• Experience in 2nd line or 3rd line of defence of Banks (preferably UK banks)

• Experience in identifying control gaps and communicating audit findings and recommendations to clients

• Understanding of audit concepts and regulations

• Candidates with 4-6 years of relevant experience in similar role, preferably with a “Big 4” or equivalent

Education (if blank, degree and/or field of study not specified)

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date