Associate Consultant

About the Role

The objective of advisory risk services is to provide clients with a candid and reliable overview of their risk landscape. Solutions can be used to build confidence and trust with customers, the overall market, and when required by regulation or contract.

Key Responsibilities

• Execution on client engagements, ensuring quality delivery as per client requirements.
• Review of working papers and client folders.
• Suggest ideas on improving engagement productivity and identify opportunities for improving client service.
• Understand business industry issues/trends.
• Identify areas requiring improvement in clients' business processes to enable preparation of recommendations.
• Handling data analytics.
• Ensure compliance with engagement plans and internal quality risk management procedures.
• Awareness of internal auditing standards issued by IIA and ICAI.
• Demonstrate an application solution-based approach to problem-solving techniques.
• Manage engagement budgets and support superiors in developing marketing collaterals, business proposals, and new solution/methodology development.
• Develop strong working relationships with clients (process owner/functional heads).
• Attention to detail and mentor young interns and analysts within the practice.
• Contribute to knowledge management sessions within the practice.

Skills and Attributes for Success

• Determine that the work delivered is of high quality.
• Anticipate and identify engagement-related risks and escalate issues as appropriate.
• Actively establish client (process owner/functional heads) and internal relationships.
• Assist and share knowledge with team members, seniors, and managers in developing new methodologies and internal initiatives.
• Participate in performing procedures, especially focusing on complex, judgmental, and/or specialized issues.
• Work with the team and the client to create plans for accomplishing engagement objectives and a strategy that complies with professional standards.
• Advise clients to understand and manage their business risks and verify the validity of their business information.
• Brief the engagement team on the client's IA environment and industry IA trends.
• Maintain relationships with client management to manage expectations of service, including work products, timing, and deliverables.
• Demonstrate a thorough understanding of compliance, financial, and operational risks.
• Perform internal control testing, develop internal audit plans, and provide internal audit services on an outsourcing basis.
• Assess internal controls and SOX framework to mitigate risk and apply it to client situations.

Requirements & Tech Stack

• Governance, Risk Compliance (GRC)
• Internal Audits
• Process Reviews
• Standard Operating Procedures
• Enterprise Risk Management
• Revenue Assurance
• Data Analytics (e.g., Access, ACL)
• Internal Auditing Standards (issued by IIA and ICAI)
• SOX Framework