Senior Associate - Risk and Assurance

Overview

Risk Management

• Support the Risk and Assurance Department in the development and execution of risk management framework.
• Perform risk assessments and maintain strategic and operational risk registers.
• Contribute in establishing and quantifying the organization’s risk appetite and risk maturity profile.
• Integrate risk management into the operational as well as strategic management process.
• Facilitate development & monitoring of risk mitigation action plans.
• Contribute in conducting risk management workshops to build awareness and improve identification of risks across the organization.
• Monitor emerging risks, industry trends, and regulatory developments.
• Help maintain and update risk registers by collaborating with relevant business units.

Assurance & Business Excellence

• Independently plan and execute assigned risk-based assurance engagements under the approved annual plan or on an ad hoc basis across the company/group, covering scoping, fieldwork, testing, issue validation and reporting.
• Agree engagement timelines and milestones with the Director – Risk & Assurance / Senior Manager – Assurance and deliver within deadlines with minimal supervision.
• Evaluate the design and operating effectiveness of internal controls across assigned processes.
• Perform detailed testing of transactions, approvals, reconciliations and compliance requirements, including forensic, related-party and contract-compliance reviews.
• Identify control gaps and process weaknesses, quantify exposure where relevant, and frame evidence-based recommendations.
• Assist in conducting investigations related to fraud, including theft, ethical breaches, corruption, and policy violations, and recommend appropriate corrective action.
• Draft audit observations, working papers, internal audit reports and executive summaries.
• Recommend risk ratings, root cause and control weakness.
• Use SAP data, spreadsheets and analytics techniques to extend testing coverage and detect unusual transactions, trends & exceptions.
• Support the review and updating of risk and compliance policies and procedures
• Contribute in understanding of the processes in redesigning and streamlining of the business processes.
• Contribute in business transformation initiatives for efficiency and effectiveness.

Communication & Professional Development

• Engage with process owners, line managers, functional heads and entity management during assignments for information, issue discussion and closure.
• Influence stakeholders to accept findings, ratings and corrective actions, and agree realistic implementation timelines.
• Maintain professional working relationships while preserving independence and objectivity.
• Proactively pursue professional development opportunities to enhance technical and leadership capabilities