What are the types of internal audits?

Internal audits can include operational audits, compliance audits, financial audits, forensic audits, IT audits, and environmental audits.

What are the key standards in internal audits?

The key standards include independence, objectivity, proficiency, quality assurance, and communication.

What is the risk-based approach in internal audits?

The risk-based approach prioritizes auditing high-risk areas within an organization to focus resources where they are needed most.

What are the 5 C's of internal audit?

The 5 C's are Control, Compliance, Cost, Consistency, and Communication, which are critical for a successful audit process.

How does an internal audit help in risk management?

Internal audits help identify and mitigate risks by ensuring that internal controls are effective and that the company complies with laws and regulations.

Senior Manager - Risk Advisory Services

Location: Mumbai

Type of Position: Full-Time

High Integrity, eagerness to learn continuously and focus on creating value for the clients are key drivers required to succeed at Felix Advisory. We support Felixians in achieving their career targets and collectively celebrate our accomplishments. In this role, you will work with a team of passionate problem solvers to create solutions that meet our clients’ objectives.

Join our experienced team and work on high quality engagements involving MNCs, Indian conglomerates as well as high growth Start-ups operating across a diverse range of industries.
Gain exposure to working on a diverse nature of Business and Risk advisory engagements performed including risk based internal audits and process reviews, compliance support for Clause 49 and Sarbanes Oxley (SOX) Requirements, implementation of risk assessment frameworks (ERMs/ COSO/COBIT), development of SOPs/ Policies/ Processes, fraud investigation, special management audit and information security reviews, etc.

By joining our team, you will have the opportunity to be involved in a wide variety of Business and Risk advisory services, including audits, process review, SOP formulation & implementation and fraud investigation, in a highly client focused environment.

Roles & responsibilities

Effectively lead and motivate multiple concurrent client engagement teams with diverse skills and backgrounds. Provide constructive on-the-job feedback/coaching to team members
Generate new business opportunities and foster relationships with client personnel at appropriate levels
Lead large scale engagements and consistently deliver quality client services. Drive high-quality work products within expected timeframes and on budget. Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes

Skill Required

CPA/CA, CIA, CFE or other relevant certification
Approximately 6 years of related work experience.
Knowledge of principles of ERM and knowledge of GRC concepts. Knowledge of risk management or control frameworks (e.g. COSO, ISO, OCEG, etc.)
Experience with the assessment, design and implementation of risk management and/or compliance programs including risk governance, risk appetite and risk tolerance, risk assessment, risk mitigation strategies, integration of risk management and strategic/business planning processes, and integration of risk management functions
Willingness to travel, estimated at 30-40%

We are interested in motivated professionals with a natural ability to lead, solve complex problems, and work as part of a team. If you enjoy facing new challenges, challenging the status quo, and being part of a culture that encourages teaming and creative problem solving, this role is for you.

Interested candidates can email their resume to infomumbai@felixadvisory.com