Lead Internal Auditor

Position:

Location:

Job Purpose

The Lead – Internal Audit will be responsible for managing and overseeing the internal audit function of the organization. The role requires ensuring robust risk management practices, effective internal controls, and compliance with regulatory requirements across all business operations. This position will lead the planning, execution, and reporting of audits while providing strategic insights to strengthen governance and enhance operational efficiency.

Key Responsibilities

Audit Planning & Execution

• Develop and implement a risk-based internal audit plan aligned with the company’s strategic objectives.
• Conduct audits across functions including Credit, Operations, Finance, Compliance, IT, and HR.
• Ensure timely execution of audits and preparation of detailed audit reports with actionable recommendations.

Risk & Control Assessment

• Evaluate the effectiveness of internal control systems and risk management processes.
• Identify gaps or weaknesses in controls and recommend corrective actions.
• Track and monitor the implementation of audit recommendations to ensure closure.

Compliance & Regulatory Oversight

• Ensure adherence to RBI guidelines and other applicable regulatory frameworks.
• Review compliance processes and suggest improvements for stronger governance.
• Support management in maintaining a culture of compliance and risk awareness.

Stakeholder Engagement & Reporting

• Present audit findings and risk assessments to senior management and the Audit Committee.
• Provide insights to support decision-making and improve operational efficiency.
• Build strong working relationships with cross-functional teams to drive accountability.

Qualifications & Experience

• Chartered Accountant (CA) / Certified Internal Auditor (CIA) / MBA (Finance) or equivalent professional qualification.
• 8–12 years of relevant experience in internal audit, preferably within financial services/NBFC/banking.
• Strong knowledge of RBI regulations, internal controls, and risk management practices.
• Proven track record of leading audits across diverse business functions.

Key Skills

• Strong analytical and problem-solving skills.
• Excellent communication and stakeholder management abilities.
• High level of integrity, independence, and professional judgment.
• Ability to manage multiple priorities and deliver within timelines.