About the role

Associate – Internal Audit

Employing Entity: Waystone Technology Solutions Private Ltd

Department: Internal Audit - UI0901

Reporting To: Senior Manager - Internal Audit

Customers: Internal

Manages People: No

Job Level: Associate

All Waystone employees are expected to demonstrate our core competencies as outlined below. The role of Associate - Internal Audit has unique requirements and duties; however, these responsibilities are to be executed within the organization’s framework of core values. Waystone fosters an environment for all employees to be highly performing, self-motivated, learners and leaders.

Summary of the role:

Waystone’s Group Internal Audit’s objective is to consistently assess the adequacy and effectiveness of governance and management of risks, giving an evidence-based opinion on all aspects of governance, risk management and internal controls. The Associate - Internal Audit is a supporting role to the Director – Internal Audit or Manager – Internal Audit. Holding a position in the Third Line of Defense, Internal Audit performs risk-based audit testing on Waystone entities. This role will be responsible for performing testing indicated on the Internal Audit Program as agreed.

DUTIES AND RESPONSIBILITIES

Internal Audit Function
- Working with the Senior Manager or Manager
- Assist in the execution of audit engagements and properly and adequately document the testing from scope to report delivery.
- Assist in bespoke investigations/reviews as required.
Internal Audit Execution
- Proactive interaction with stakeholders on the Internal Audit Program/Framework.
- Ensuring that Internal Audit Tests/Reports are properly and adequately documented as agreed with relevant stakeholders.
- Reporting to the Internal Audit Manager on status of an Internal Audit Test and appraise the Auditee on the status of the audits and observations noted during the course of testing.
- Following-up action plans for corrective actions relating to Internal Audit Findings or similar.
Compliance & Regulatory Oversight
- Ensure that the organisation is following internal policies and relevant external regulations.
- Stay up to date on the latest developments in auditing standards, risk management, and compliance regulations.
Internal Audit Team
- Actively participate as a team member providing input on workstream planning, potential identified efficiencies, with set goals in mind.
- Continued professional development to enable continual team learning and performance.
- Executes an agreed set of objectives and goals for measuring performance.

General Experience

Experience in (i) risk assessment design (ii) control & risk evaluation, and (iii) escalation protocol design. Ability to design, implement, execute and embed a control framework. Aptitude to design and evaluate effectiveness of controls governing business processes.

To perform this job successfully, an individual should be able to perform each duty and responsibility satisfactorily and/or display an aptitude for fast learning. The duties and responsibilities listed in this job description are demonstrable of the knowledge, skill, and/or ability for a candidate.

Qualifications

A bachelor’s degree or significant experience in risk, compliance, audit or operations-based control function.
Excellent interpersonal and communication skills, both written and verbal.
Excellent people management skills, and the ability to balance competing deadlines and stakeholders.
Strong stakeholder management skills with the ability to successfully influence people.
High level of accuracy and attention to detail.
Fluency in English is required.

Confirmation

I confirm my understanding of my role, duties and responsibilities as outlined and reflected in this job description. I commit to ensuring the consistent delivery and performance in the expectations of my role and that a copy of my job description will be kept on the WAYSTONE HRIS system.

Dated this ____________________________