Internal Audit Manager

QUALIFICATION:

• Chartered Accountant (Mandatory)

EXPERIENCE:

• Knowledge about Companies Act, RBI / NHB and other regulatory requirements.
• Significant experience in developing, testing, and assessing internal controls.
• Strong analytical skill with knowledge and understanding of the HFC, NBFC and Banking systems, internal control, and reporting processes.
• 8 to 12 years of total work experience in internal audit and risk management of NBFC/ HFC/ Banking, and reputed audit firms. Preferred to have candidates from retail asset internal audit background who has managed central and branch audits.

KEY RESPONSIBILITIES:

• Experience in undertaking audit for retail asset products and performing audits for retail lending business as per the risk-based audit plan.
• Conducting independent assessment, identifying associated risks and mitigants, financial analysis and identify miss outs.
• Review documentation of pre- and post-disbursement conditions and monitoring practices and controls.
• Assess the Early Warning Signal (EWS) identification mechanism and its effectiveness.
• Identify potential weaknesses in risk evaluation, monitoring and overall related processes, and recommend appropriate corrective actions.
• Review adherence to internal processes as well as regulatory guidelines.
• Assesses and make appropriate recommendations to improve the governance processes on business decision making, risk management and control; promote appropriate ethics and values within PCHFL; and ensure effective performance management and staff accountability etc.
• Undertake audits, special investigations or reviews at the request of Audit Committee of Board (ACB), Senior Management or Regulators.
• Preparation of Business Understanding Document and Audit Checklist ensuring adequate audit scope coverage.
• Review of work performed by the team along with Audit Findings and Discussion/Closure of the same with auditee.
• Preparation of audit reports with adequate documentation and post-report activities and closure of the audits in system.