Job Description About Company
n A leading NBFC with ₹10,000+ crore AUM, specializing in rural and MSME financing through business loans, farm equipment finance, and affordable housing solutions.
n Job Description
n 1. Strategy
n n Lead the development of the organization's risk-based Internal Audit Plan.
n Understand business processes and operational nuances to support the development and implementation of Standard Operating Procedures (SOPs), operational systems, and internal controls.
n Conduct quarterly and annual assessments of the adequacy and effectiveness of audit, risk, and internal control systems, and present key findings to the CEO/COO.
n Establish and follow reporting protocols to enable proactive risk management in collaboration with cross-functional teams.
n Monitor industry trends, emerging risks, and regulatory developments, providing strategic inputs to business leadership and the Board.
n n 2. Operations
n n Drive implementation and monitoring of Corrective and Preventive Actions (CAPA) across business functions.
n Develop and execute the annual internal audit plan, including defining audit objectives, scope, resource allocation, budgets, timelines, and manpower planning.
n Conduct periodic reviews of systems, processes, and organizational structures to strengthen compliance and minimize operational risks.
n Lead investigations into operational incidents, policy violations, and control failures, providing expert recommendations to senior management.
n Ensure timely and consistent reporting to the Audit & Risk Committee.
n Lead special audits and investigations as directed by Senior Management and the Audit Committee.
n n 3. Compliance
n n Review business operations for compliance with applicable regulatory requirements, internal policies, and governance standards.
n Analyze audit observations and oversee implementation of remediation and corrective action plans to minimize business risks.
n n 4.



Business Excellence
n n Recommend improvements to existing SOPs and Delegation of Authority (DOA) frameworks based on audit findings to enhance governance and operational efficiency.
n Monitor progress of improvement initiatives, ensuring adherence to defined timelines, budgets, methodologies, and expected outcomes.
n n 5. Technology Management
n n Promote optimal utilization of audit technology and analytics platforms to improve audit effectiveness and operational efficiency.
n Support troubleshooting, issue escalation, and monitoring of technology utilization.
n Identify opportunities to automate audit activities and integrate technology-driven solutions into audit processes.
n n 6. Stakeholder Management
n n Partner with the CEO, COO, CFO, and business leaders to strengthen understanding of business processes, risks, controls, and governance practices.
n Act as a Subject Matter Expert (SME), advising business stakeholders and the Audit Committee on emerging regulatory developments, risks, and governance matters.
n n 7. Governance & Quality Assurance
n n Foster a culture of transparency, compliance, accountability, and ethical business practices.
n Develop and implement audit governance frameworks, quality assurance metrics, and performance monitoring mechanisms.
n Define and implement escalation protocols for timely resolution of audit observations, control deficiencies, and operational incidents.
n n Key Interactions
n Internal Stakeholders
n n CEO, COO, CFO,



and Business Leaders to understand strategic priorities, business processes, and key risks.
n Audit Committee and Business Stakeholders for governance updates and audit reporting.
n Support Functions including IT, HR, Finance, Legal, and Compliance.
n n External Stakeholders
n n Statutory Auditors
n Internal Audit Firms
n Third-Party Auditors and Assurance Partners
n Regulatory Auditors (as applicable)
n n Qualifications
n n Chartered Accountant (CA) and/or Certified Internal Auditor (CIA).
n 12–15+ years of progressive experience in Internal Audit, Risk Management, Compliance, or Assurance, with significant leadership experience.
n Strong understanding of regulatory requirements, corporate governance, and internal control frameworks, preferably within the BFSI/NBFC sector.
n n Key Skills Required
n n Deep understanding of NBFC/HFC regulations, lending operations, credit lifecycle, and operational processes.
n Expertise in Risk-Based Internal Auditing, Internal Controls, Governance, and Enterprise Risk Management.
n Strong knowledge of regulatory compliance, corporate governance, and internal control frameworks.
n Excellent analytical, problem-solving, and investigative capabilities.
n Proven ability to identify business risks and recommend practical, value-driven solutions.
n Strong leadership and people management skills.
n Excellent stakeholder management with the ability to influence senior leadership, Audit Committee members, and the Board.
n High integrity, ethical mindset, and commitment to governance and compliance.
n Robust communication, presentation, and report-writing skills.
n Experience leveraging audit analytics and technology to improve audit effectiveness.
n n Mandatory Requirement
n Primary Job Profile : Internal Audit
n Technical Skills : Compliance, Risk Management
n Candidate Industry Requirement: NBFC, Bank

📌 Head of Internal Audit (Raigarh)
🏢 Corenza
📍 Raigarh