About The Role We are seeking a highly experienced and dynamic individual to lead our Internal Audit function. This is a critical leadership role with direct reporting to the Managing Director and the Board, offering a significant opportunity to drive risk management, regulatory compliance, and governance excellence within the organization. The ideal candidate will be a seasoned audit professional with a deep understanding of RBI regulations, strong analytical capabilities, and proven expertise in stakeholder and team management. Key Audit Leadership Develop and execute a comprehensive annual internal audit plan aligned with the company's strategic objectives, risk profile, and regulatory requirements. Oversee the entire audit cycle, including planning, fieldwork, reporting, and follow-up, ensuring timely completion and high-quality deliverables. Provide strategic insights and recommendations to the MD and Board on internal control weaknesses, emerging risks, and opportunities for process improvement. Stay abreast of industry best practices, regulatory changes (especially RBI norms), and evolving risk landscapes to proactively adjust audit strategies. Regulatory Compliance & Risk Management Ensure strict adherence to all applicable RBI regulations, guidelines, and circulars across all business operations. Conduct in-depth audits of compliance frameworks, policies, and procedures to identify gaps and recommend corrective actions. Evaluate the effectiveness of risk management frameworks, including operational, financial, credit, and IT risks, and provide recommendations for strengthening controls. Collaborate with various departments to embed a strong culture of compliance and risk awareness. Stakeholder & Relationship Management Build and maintain strong, collaborative relationships with the MD, Board members, Audit Committee, and senior management across all functions. Effectively communicate audit findings, recommendations, and progress to all relevant stakeholders in a clear, concise, and impactful manner. Act as a trusted advisor to management on matters related to internal controls, risk management, and governance. Liaise effectively with external auditors, regulators, and other third-party stakeholders as required. Team Leadership & Development Lead, mentor, and develop a high-performing internal audit team, fostering a culture of continuous learning, professionalism, and excellence. Allocate resources effectively, manage team workload, and ensure efficient execution of audit engagements. Conduct performance reviews, provide constructive feedback, and identify training and development needs for team members. Process Improvement & Governance Identify opportunities for process efficiencies and improvements within various business functions and the audit process itself. Contribute to the enhancement of the overall corporate governance framework. Ensure the audit function operates with independence, objectivity, and adherence to professional Chartered Accountant (CA) is mandatory. Other equivalent professional certifications (e.g., CPA, CISA, CIA) will be an added 10-15 years of progressive experience in Internal Audit, with a significant portion of that experience gained within an NBFC or the broader Financial Services sector. Proven experience in a leadership role within an Internal Audit function. Demonstrable expertise in understanding and applying RBI norms, regulations, and guidelines. Strong track record of managing and developing audit Exceptional analytical, problem-solving, and critical thinking skills. Excellent communication (written and verbal), presentation, and interpersonal skills. Strong stakeholder management and influencing abilities. High level of integrity, objectivity, and ethical conduct. Proficiency in audit software and tools (e.g., ACL, SAP, etc.) preferred. Ability to work independently and collaboratively in a fast-paced environment. (ref:iimjobs.com) Show more Show less