Audit & Inspection Officer

- Prior experience of Audit Inspection, preferably in securities/ commodity industry and warehousing / exchanges/ clearing corporations.

- Minimum 3 years experience needed in relevant field.

- Strong communication skills and proficiency in Word, Excel, Outlook, and PowerPoint.

- Ability to understand and comprehend contents of agreement, balance sheet, annual report, legal notice etc.

- Ability to manage complex projects and multi-task.

- Ability to flourish with minimal guidance and be proactive.

- High level of integrity and honesty is desired with a commitment to achieve management objectives.

Job Description:

Audit and Inspection of Repository Participant (RP):

- Ensure compliance with established internal control procedures by examining records, reports, operating processes and documentation.

- Completes audit workpapers by documenting audit and findings

- To check adequacy of internal control systems by completing audit questionnaires.

- Communicate audit findings by preparing a report; discussing findings with auditees.

- Contribute/ coordinate with internal operations team on related results as needed.

- Ensure necessary documents / information as prescribed by CCRL are collected from different types of Client/Depositor for new account, modification, change in address, change in signature, change in name etc

- Signatures are appropriately scanned and uploaded.

- The Tariff Sheet has been signed by the Client/Depositor at the time of account opening.

- Rights and Obligations is signed by depositor/ client and RP is keeping it in records.

- Deposit requests are processed as per the prescribed procedure.

- Instructions from Client/Depositor are executed only on the basis of duly signed instruction slips or electronic instructions.

- The instruction slips are checked and verified by two officials (maker-checker) separately for the correctness and signatures.

- 30 days notice is given to the Client/Depositor before closing his account, in case account closure is initiated by RP.

- All formats used by the RP are in conformity with CCRL's prescribed format.

- Indictments or any other orders passed against the RP by any competent authority, if any, is notified to CCRL within 7 days of passing such order.

- The Compliance Officer appointed by the RPs for the main RP office.

- The details of the compliance officer/ authorized signatories/ office address and change if any is informed by RP to CCRL.

- RP follows maker-checker concept in all of its activities to ensure the accuracy of the data and as a mechanism to check unauthorized transaction.