Job DescriptionAbout Company

NA leading NBFC with ₹10,000+ crore AUM, specializing in rural and MSME financing through business loans, farm equipment finance, and affordable housing solutions.

NJob Description

n1. Strategy

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- Lead the development of the organization's risk-based Internal Audit Plan.
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- Understand business processes and operational nuances to support the development and implementation of Standard Operating Procedures (SOPs), operational systems, and internal controls.
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- 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.
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- Establish and follow reporting protocols to enable proactive risk management in collaboration with cross-functional teams.
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- Monitor industry trends, emerging risks, and regulatory developments, providing strategic inputs to business leadership and the Board.
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n2. Operations

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- Drive implementation and monitoring of Corrective and Preventive Actions (CAPA) across business functions.
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- Develop and execute theannual internal audit plan, including defining audit objectives, scope, resource allocation, budgets, timelines, and manpower planning.
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- Conduct periodic reviews of systems, processes, and organizational structures to strengthen compliance and minimize operational risks.
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- Lead investigations into operational incidents, policy violations, and control failures, providing expert recommendations to senior management.
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- Ensure timely and consistent reporting to the Audit & Risk Committee.
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- Lead special audits andinvestigations as directed by Senior Management and the Audit Committee.
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n3. Compliance

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- Review business operations for compliance with applicable regulatory requirements, internal policies, and governance standards.
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- Analyze audit observations and oversee implementation of remediation and corrective action plans to minimize business risks.
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n4.



Business Excellence

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- Recommend improvements to existing SOPs and Delegation of Authority (DOA) frameworks based on audit findings to enhance governance and operational efficiency.
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- Monitor progress of improvement initiatives, ensuring adherence to defined timelines, budgets, methodologies, and expected outcomes.
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n5. Technology Management

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- Promote optimal utilization of audit technology and analytics platforms to improve audit effectiveness and operational efficiency.
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- Support troubleshooting, issue escalation, and monitoring of technology utilization.
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- Identify opportunities to automate audit activities and integrate technology-driven solutions into audit processes.
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n6. Stakeholder Management

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- Partner with the CEO, COO, CFO, and business leaders to strengthen understanding of business processes, risks, controls, and governance practices.
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- Act as a Subject MatterExpert (SME), advising business stakeholders and the Audit Committee on emerging regulatory developments, risks, and governance matters.
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n7. Governance & Quality Assurance

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- Foster a culture of transparency, compliance, accountability, and ethical business practices.
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- Develop and implement audit governance frameworks, quality assurance metrics, and performance monitoring mechanisms.
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- Define and implement escalation protocols for timely resolution of audit observations, control deficiencies, and operational incidents.
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nKey Interactions

NInternal Stakeholders

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- CEO, COO, CFO, and Business Leaders to understand strategic priorities,



business processes, and key risks.
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- Audit Committee and Business Stakeholders for governance updates and audit reporting.
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- Support Functions including IT, HR, Finance, Legal, and Compliance.
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nExternal Stakeholders

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- Statutory Auditors
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- Internal Audit Firms
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- Third-Party Auditors and Assurance Partners
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- Regulatory Auditors (asapplicable)
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nQualifications

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- Chartered Accountant (CA) and/or Certified Internal Auditor (CIA).
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- 12–15+ years of progressive experience in Internal Audit, Risk Management, Compliance, or Assurance, with significant leadership experience.
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- Strong understanding ofregulatory requirements, corporate governance, and internal control frameworks, preferably within the BFSI/NBFC sector.
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nKey Skills Required

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- Deep understanding of NBFC/HFC regulations, lending operations, credit lifecycle, and operational processes.
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- Expertise in Risk-BasedInternal Auditing, Internal Controls, Governance, and Enterprise Risk Management.
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- Strong knowledge of regulatory compliance, corporate governance, and internal control frameworks.
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- Excellent analytical, problem-solving, and investigative capabilities.
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- Proven ability to identify business risks and recommend practical, value-driven solutions.
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- Robust leadership and people management skills.
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- Excellent stakeholder management with the ability to influence senior leadership, Audit Committee members, and the Board.
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- High integrity, ethicalmindset, and commitment to governance and compliance.
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- Strong communication, presentation, and report-writing skills.
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- Experience leveraging audit analytics and technology to improve audit effectiveness.
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nMandatory Requirement

NPrimary Job Profile: Internal Audit

NTechnical Skills: Compliance, Risk Management

NCandidate Industry Requirement: NBFC, Bank

📌 Head Of Internal Audit (Alibag)
🏢 Corenza
📍 Alibag