Assistant Vice President - Assurance - Investment Bank

Leading Investment Bank in Pune.

Role - AVP Assurance

Key Responsibilities:

- Execute assessments and testing of internal controls across business functions in line with control policies and standards.

- Evaluate management's remediation of control gaps and opine on effectiveness and sustainability of implemented controls.

- Develop and execute test plans to identify control weaknesses and recommend corrective actions.

- Collaborate with business units, risk teams, and other stakeholders to communicate findings and drive resolution.

- Maintain a centralized knowledge base documenting testing outcomes, procedures, and key learnings.

- Support training and upskilling initiatives related to internal controls and assurance.

- Provide advisory support on complex issues and assist in policy/procedure development to mitigate risks.

- Engage in cross-functional collaboration to ensure alignment with business goals and consistent assurance practices.

- Analyze large datasets to uncover risks, inefficiencies, and opportunities for process improvement.

- Present findings to senior management, influencing decision-making and control enhancements.

Required Skills & Experience:

- 6-10 years of experience in risk, assurance, audit, or a control function (first, second, or third line of defense).

- Deep understanding of Corporate Banking products: Term Debt, FX, Payments, Digital Banking, Liquidity, Trade Finance, and Cards.

- Proven experience with control frameworks, risk mitigation strategies, and continuous process improvement.

- Strong analytical skills and ability to interpret complex datasets.

- Excellent communication and stakeholder management skills.

- Familiarity with fraud and financial crime risk and control processes.

- Experience in identifying process inefficiencies and recommending control enhancements.

- Proactive, detail-oriented, and able to manage multiple priorities independently.

Preferred Qualifications:

- Bachelors degree in Commerce, Finance, or related field.

- Knowledge of Corporate Banking front office, operations, and operational risk.

- Exposure to regulatory and compliance frameworks.

- Experience working in a global banking environment with cross-functional teams.