Audit & Risk Advisory Manager - Banking & Financial Services

Audit & Risk Advisory Manager The role involves delivering risk-based internal audits, risk consulting and process improvement engagements for global banking and financial services clients. Key Responsibilities: - Conduct risk-based internal audits and risk consulting engagements across banking and financial services functions. - Perform process walkthroughs, control design assessments (CDA) and testing of operating effectiveness (TOE). - Develop and maintain Risk Control Matrices (RCMs) and audit documentation. - Assess internal controls, identify process gaps and recommend practical remediation measures. - Conduct audits across areas such as Asset & Wealth Management, Private Wealth Management, Global Markets, Capital Markets, Finance, Treasury, Credit Risk, Operational Risk and Third-Party Risk Management. - Demonstrate understanding of capital market products including equities, futures, options and swaps. - Review trade lifecycle processes including trade confirmation, reconciliation and EOD controls. - Evaluate trading desk operations and associated risks and controls. - Perform process gap analysis and identify opportunities for control rationalization, optimization and improvement. - Prepare clear and comprehensive audit observations, reports and actionable recommendations. - Develop and implement SOPs and process improvement recommendations. - Interact with global stakeholders and discuss audit observations, risks and remediation plans. - Manage multiple engagements across functions and geographies. - Support data analytics, Tableau and data visualization initiatives wherever required. - Travel as required for client engagements. Required Skills & Expertise: - Internal Audit / Risk Consulting experience. - Risk-based audit methodology, Control Design Assessment (CDA), Testing of Operating Effectiveness (TOE) and Risk Control Matrix (RCM). - Strong domain knowledge of Asset & Wealth Management, Global Markets, Capital Markets, Treasury and Third-Party Risk Management. - Strong understanding of banking processes and controls. - Knowledge of equity and derivative products, trade lifecycle and securities operations. - Strong analytical, problem-solving, presentation and stakeholder management skills. Educational Qualification: - CA with relevant articleship experience, preferably from a Big 4 firm, OR - MBA from a top-tier B-school with relevant experience in risk consulting, internal audit, global markets, capital markets, operations or compliance. - Preferred Certifications: CIA / CISA