Experience of 8 to 10 Years in the field of Auditing & Compliance.
Education: Graduate / Post Graduate in Commerce/ MBA Finance
Ensures compliance with regulations and control by examining and analyzing records, reports, operating practices and documentation, recommending opportunities to strengthen the internal control structure
Responsible for documentation of processes, requirements, and standard operating procedures to facilitate communications with stakeholders
Ensure IDC Reporting environment is accurately documented including changes to the environment
Accountable for the quality and accuracy of processes
Work with the IDC process teams to understand, document, and implement usability requirements to support the end to end processes
Ensure changes to existing and new reports are supported with robust test cases and subsequent testing
Monitor, and as necessary, coordinate compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends
The Audit &Compliance Officer acts as touch point for management by monitoring and reporting results of the compliance efforts of the company and in providing guidance for senior management on matters relating to compliance.
Develop and periodically review and update the compliance in various set processes & policies
Develop and oversee a system for uniform handling of violations.
Identifies potential areas of compliance vulnerability and risk; develop/implement corrective action plans for resolution of problematic issues, and provide general guidance on how to avoid or deal with similar situations in the future
Provides reports on a regular basis, and as directed or requested, to keep the Corporate Compliance Committee and senior management informed of the operation and progress of compliance efforts.