Chief Manager - RISK & AUDIT

responsible for building and managing a risk-based internal audit function, ensuring compliance with regulatory requirements, and identifying and mitigating risks within the organization

• Risk Assessment and Management:

• Identify, assess, and evaluate risks related to various areas of the NBFC, including credit risk, operational risk, and compliance risk.
• Develop and implement risk management strategies and controls to mitigate identified risks.
• Monitor the effectiveness of risk management controls and processes.

• Internal Audit Function:

• Develop and implement a risk-based internal audit plan that aligns with the NBFC's strategic objectives and regulatory requirements.
• Conduct regular internal audits to assess the effectiveness of internal controls and processes.
• Prepare and present audit reports to management and the board, highlighting key findings and recommendations.

• Compliance:

• Ensure compliance with relevant regulations and guidelines issued by the Reserve Bank of India (RBI) and other regulatory bodies.
• Stay up-to-date with changes in regulations and industry best practices.

• Team Management:

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• Lead and supervise a team of internal auditors.
• Provide training and development opportunities for team members.
• Motivate and empower the team to achieve their goals.

• Communication and Reporting:

• Communicate audit findings and recommendations to management and the board in a clear and concise manner.
• Prepare and present reports to senior management and the board of directors.
• Maintain effective communication with internal and external stakeholders.

• Other Responsibilities:

• Support external auditors during their audits.
• Participate in industry events and conferences to stay informed about the latest trends and developments.