Internal Audit Depository Executive

Responsibilities:

• Depository Participant Operations Audit: Conduct internal audits of Depository Participant (DP) operations, ensuring adherence to established procedures and regulatory guidelines.
• Regulatory Compliance Audit: Verify compliance with SEBI (Securities and Exchange Board of India) regulations and Depository guidelines issued by both NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited).
• DP Regulations Review: Review and assess the implementation of all relevant DP regulations, identifying any gaps or non-compliance.
• Internal Audit Execution: Execute internal audit assignments, including planning, fieldwork, documentation, and reporting of findings related to depository operations.
• Risk Assessment: Assist in identifying operational and compliance risks within the depository functions and evaluate the effectiveness of internal controls designed to mitigate these risks.
• Report Preparation: Prepare clear, concise, and accurate audit reports detailing findings, recommendations, and action plans.
• Process Improvement: Suggest improvements to DP operations and internal control frameworks based on audit observations.
• Stakeholder Interaction: Liaise with relevant internal departments and external entities to gather information and clarify audit findings.

Required Skills:

• Strong understanding and experience in Depository Participant operations.
• In-depth knowledge of SEBI regulations concerning depositories.
• Familiarity with Depository guidelines in NSDL/CDSL.
• Proficiency in DP regulations.
• Experience in Internal audit methodologies and practices.
• Strong analytical and critical thinking skills.
• Excellent attention to detail and accuracy.
• Good communication skills, both written and verbal.