Associate Analyst - Deloitte Support Services India Private Limited (Independence – Clients)We are looking for a highly motivated professional to work with our internal ‘Quality and Risk’ team inEDC (Extended Delivery Centre) Hyderabad.Quality and Risk is an interactive, fast paced team, providing critical support to the Deloitte business. The role of ‘Quality and Risk’ is not only to make sure there is an effective risk management and mitigation framework in place, but also to raise awareness of the issues involved and encourage consultation whenever questions or concerns arise.The successful candidate will be an active member of the Quality and Risk team helping Deloitte Australia comply with its independence obligations. They will provide key support to the current Business Relationships team by primarily performing independence checks, providing support as the team processes business relationship requests and conduct regular monitoring activities.As an Independence – Clients team member, you will be responsible for:• Understanding and implementing Deloitte global policies and rules relating to business relationships with third parties• Comprehending and understanding what business relationships are and the importance of the role they will play in the team• Understanding and performing independence checks on third parties with a view of determining whether there are any audit independence restrictions applicable – this includes: o Performing research on third parties to understand the nature of their business, their locations and shareholder and ownership informationo Understanding the corporate structure of third parties and being able to document the findings of checks performed in accordance with the team’s processeso Applying judgment to understand the firm’s database search matches and to distinguish relevant search matches from those that are irrelevant, analyze and provide initial conclusion as to whether a proposed business relationship could give rise to an independence issue• Learning how to use various Deloitte internal systems, including actively updating and performing tasks as required• Providing support on Business Relationships monitoring activities, which also includes completeness testing activities as directed by a senior team member• Maintaining spreadsheets and trackers ensuring they are up to date, uploading and documenting appropriate evidence of work perform and correspondence with the business• Ensuring that senior staff review work performed initially with a view of being able to perform day-to-day work independently with minimal errors and knowing when to consult within the team prior to interaction with the business• Being organized to manage all the work provided to you, including providing clear and timely communication of the status of work• Developing and growing in the technical understanding of business relationship matters and regulation• Developing and maintaining relationships with the firm’s Quality & Risk teams, as well asinteracting with the independence team members located in Australia and EDC.Work Location: HyderabadShift Timings: 6.30 AM to 3.30 PM (flexibility needed to address business needs)