Internal Audit- Lead

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Role Summary

We are looking for a detail-oriented and proactive Internal Auditor to join the Internal Audit team. The candidate will be responsible for evaluating the effectiveness of internal controls, risk management practices, and governance processes. This role is crucial to ensure compliance with regulatory requirements, enhance process efficiency, and safeguard the organization's assets while upholding the core values of integrity, transparency, and accountability.

Key Responsibilities

1. Audit Planning & Execution

• Assist in developing the annual risk-based audit plan.
  
• Conduct financial, operational, and compliance audits across departments and branches.
  
• Perform field audits at Head Office and Regional Offices, ensuring thorough verification of controls.
  

2. Risk Assessment & Control Evaluation

• Identify key risks and assess the adequacy of internal controls.
  
• Provide recommendations for process improvements and mitigation of potential risks.
  
• Track the effectiveness of risk treatment plans and suggest enhancements.
  

3. Regulatory & Compliance Monitoring

• Ensure compliance with RBI regulations, NBFC guidelines, and other statutory requirements.
  
• Verify adherence to internal policies, KYC/AML norms, and credit risk protocols.
  
• Support in audits related to statutory, tax, and system audits.
  

4. Reporting & Documentation

• Prepare detailed audit reports highlighting key findings, observations, and actionable recommendations.
  
• Present audit outcomes to senior management and follow up on implementation of audit recommendations.
  
• Maintain documentation of all audit work and records in an organized and confidential manner.
  

5. Stakeholder Collaboration

• Collaborate with department heads to understand key processes and assess associated risks.
  
• Act as a consultative partner in identifying control weaknesses and fostering a strong control environment.
  
• Liaise with external auditors and regulatory bodies during inspections or reviews.
  

Key Skills & Competencies

• Strong understanding of internal controls, audit techniques, and risk management.
  
• Knowledge of NBFC operations, credit processes, loan documentation, and collections.
  
• Familiarity with RBI/NBFC regulations and financial compliance frameworks.
  
• Excellent analytical, communication, and report-writing skills.
  
• Proficiency in MS Excel, audit tools, and core financial systems.
  

Educational Qualification & Experience

• CA / CIA / MBA Finance / B.Com with Audit certifications preferred.
  
• 12+ years of relevant experience in internal audit, preferably in BFSI/NBFC sector.
  
• Experience with core financial systems, credit, and operations audit will be an advantage.