Internal Audit Manager

Job Purpose

A leading NBFC is seeking an experienced Internal Audit professional to plan, execute, and oversee internal audits across the organization. The role is critical in ensuring regulatory compliance, operational efficiency, and effective risk management. The incumbent will contribute to strengthening governance frameworks, identifying control gaps, and providing actionable insights to senior management and the Audit Committee.

Key Responsibilities

Internal Audit & Risk Management

• Plan, execute, and report on risk-based internal audits in line with the approved annual audit plan.
• Evaluate the adequacy and effectiveness of internal controls, operational processes, and compliance with RBI regulations applicable to NBFCs.
• Conduct audits covering wholesale finance operations, financial reporting, IT systems, and regulatory compliance.
• Identify control gaps and process improvement opportunities; recommend corrective and preventive actions.

Stakeholder & Regulatory Coordination

• Liaise with external auditors, statutory auditors, and regulators during audits, inspections, and reviews.
• Track and monitor the implementation of audit recommendations and ensure timely closure of action items.
• Prepare comprehensive audit reports and present findings to senior management and the Audit Committee.

Special Assignments & Continuous Improvement

• Conduct special reviews, investigations, and ad-hoc audits as directed by management.
• Continuously enhance audit methodologies, tools, and practices to improve audit effectiveness and coverage.

Knowledge & Skills

• Strong understanding of internal audit frameworks, risk management principles, and the NBFC regulatory environment.
• In-depth knowledge of wholesale lending, financial operations, and compliance requirements.
• Excellent analytical, critical thinking, and report-writing skills.
• Strong communication and stakeholder management capabilities, with experience presenting to senior leadership.
• Proficiency in audit tools, MS Office, and data analytics platforms; exposure to ACL/IDEA is an advantage.

Education & Experience

• Chartered Accountant (CA), Certified Internal Auditor (CIA), or MBA (Finance/Risk) with an audit specialization.
• 6–8 years of relevant experience in internal audit, risk management, or compliance within NBFCs, banks, or financial institutions.
• Prior exposure to wholesale finance or auto finance sectors is preferred.