Internal Audit Assistant Manager

About Paytm

Paytm allows Indians to open a bank account, pay bills, recharge prepaid mobile, and more all in just one app. Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants, and online platforms. 

Your role

About Team

The Internal Audit team at Paytm comprises seasoned professionals with diverse skill sets and experience across different verticals like process audits, technology audits, and forensics. The team focuses on implementing the approved audit plan, ensuring delivery of qualitative audits, and conducting internal/special reviews while leveraging technology & data analytics and gauging key risks across business processes.

Responsibilities

• Accountable for delivering and supporting a flexible risk-based audit plan that provides independent assurance and opinions with impact
• Engaging with Functional Heads across the department to lead, resource, and agree with audit engagements, audit universe, and risk assessments  with a  “one IA” team approach
• Define and maintain the audit universe capable of informing and supporting the annual plan, and review all audit deliverables for coverage, quality, and positioning
• Produce and contribute to entity reports and opinions which successfully influence executive management to manage risk prudently within the
• Company’s/Board risk appetite.

To know more please click on Apply on the employer site button.

Training, development & rotations

The Learning & Development team at Paytm focuses on building and maintaining a competitive talent advantage. Whether they want to focus on their need-based learning or career-enhancing upskilling, Paytm also offers an Employee Learning Reimbursement Policy that compensates for any skill certification of choice. They have introduced several upskilling online programs that have been conducted for employees covering both functional and behavioral aspects.

Salary & benefits

The annual salary for this role ranges from INR 3.0 to 4.9 LPA (Source: Ambition box). The benefits offered by the company are as follows:

• Accident, health, life, and occupational accident insurance
• Employee stock option plans (eg INR2.5 billion in 2020)
• Flexible leave policy and working hours
• Gratuity and performance bonus
• Lifestyle discounts (eg mobile phone)
• Paid holidays and unpaid extended leave
• Maternity, paternity, and sick leave
• Vacation and paid time off

Career progression

A collaborative output-driven program that brings cohesiveness across businesses through technology. Improve the average revenue per use by increasing the cross-sell opportunities. A solid 360 feedback from your peer teams on your support of their goals. Respect, that is earned, not demanded from your peers and manager

Work-life balance

It has a good Inclusive work environment and provides the opportunity for all its employees, globally to work flexibly with work-from-home options.

Culture & vibe

Paytm expects its employees to meet or exceed annual performance metrics. Otherwise, they would need to leave the company. Each year, approximately 5% to 10% of Paytm’s workforce belongs to the low-performing group. The company had to let go of up to 700 underperforming employees in 2020, after giving them two months to find work. Insiders claim that high expectations can drive everyone on edge.

About you

To apply for this position, you must have the following eligibility criteria:

Superpowers/ Skills 

•  Manage day-to-day activities within risk appetite and display risk practices and behaviors consistent with a risk culture where risk is simply part of the way they work and think

Skills Required

• Knowledge about the relevant business areas/products and related risks within a complex financial services organization
• Understands the regulatory requirements relating to the business areas/products and the Audit Function
• Good understanding of Risk Management, The Control Framework, and
• Governance Processes to identify any control weaknesses and provide ongoing assurance
• Display behaviors in line with their Standards 

Professional Qualification :

•  Chartered Accountant, preferably with CIA, CISA qualification

How to apply

To apply for this role, just click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted.