Senior Associate

PricewaterhouseCoopers Acceleration Centre (Kolkata) Private Limited is a joint venture in India among members of the PricewaterhouseCoopers Network that will leverage the scale and capabilities of its network. It is a member firm of PricewaterhouseCoopers International Limited and has its registered office in Kolkata, India. Working with PwC UK’s FS-BRC as part of the Acceleration Centre will provide you an opportunity to work with leading financial services firms on cutting edge areas in a dynamic environment. You will have the opportunity to develop your skills in Internal Audit, as well as a broader understanding of risks and controls over the key processes in the insurance sector.

Reporting:

▪ Position reports to an Internal Audit Manager/ Senior Manager.

Key skills and responsibilities:

▪ Candidates should have excellent communication (written and verbal) skills and should be able to work with global teams independently with minimal supervision.

▪ Candidates should exhibit good client service skill collaterals with a strong focus on building relationships.

▪ Experience of working in the 2nd line or 3rd line of defence of Banks (preferably UK banks) in areas such as Internal Audit, Quality Audit, Process Audit or Risk Governance or Compliance.

▪ Experience of working in the 2nd line or 3rd line of defence of Banks (preferably UK banks) in areas such as Internal Audit, Quality Audit, Process Audit or Control Testing or Issue Validation or Governance, Risk and Compliance

▪ Participate and drive conversations with clients for process discussions and conduct walkthroughs.

▪ Identify governance or process gaps and accordingly provide recommendations in areas requiring improvement based on the client's business processes.

▪ Experience in drafting Risk and Control Matrix (RCM/RACM) is a must.

▪ Design and execute tests to verify control and operating effectiveness.

▪ Document and review testing workpapers as per the defined standards and quality benchmark.

▪ Take responsibility for various areas of the engagement, which may include:

▪ Developing materials including but not limited to writing reports, problem solving and preparing materials for clients.

▪ Supporting other team members with any other key activities for delivery of client outcomes or internal goals and objectives.

▪ Monitor project progress, manage multiple assignments/ related project teams.

Interpersonal skills & Client Management:

▪ 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

▪ 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 requirement

▪ Demonstrate strong analytical thinking such as the ability to research and understand complex processes and effectively communicate them to interested parties

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.

▪ 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

▪ 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 3-6 years of relevant experience in similar role, preferably with a “Big 4” or equivalent