- Robust familiarity with Companies Act, RBI / NHB and other regulatory requirements.
- Significant experience in developing, testing, and assessing internal controls.
- Strong analytical skills with knowledge and understanding of the NBFC/HFC/Banking systems & processes.
- More than 1 year 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.
- Assess and make appropriate recommendations to improve the governance processes on business decision making, risk management and control; promote appropriate ethics and values within the company; 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 and 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 the system.
Piramal is an equal opportunity employer. Qualified applicants will be considered without regard to age, gender, marital status, sexual orientation, gender identity or expression, disability, or religion.