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

1. Strategy - Lead the development of the organization's risk-based Internal Audit Plan.

- Understand business processes and operational nuances to support the development and implementation of Standard Operating Procedures (SOPs), operational systems, and internal controls.
- 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.
- Establish and follow reporting protocols to enable proactive risk management in collaboration with cross-functional teams.
- Monitor industry trends, emerging risks, and regulatory developments, providing strategic inputs to business leadership and the Board.
- Operations - Drive implementation and monitoring of Corrective and Preventive Actions (CAPA) across business functions.
- Develop and execute the annual internal audit plan, including defining audit objectives, scope, resource allocation, budgets, timelines, and manpower planning.
- Conduct periodic reviews of systems, processes, and organizational structures to strengthen compliance and minimize operational risks.
- Lead investigations into operational incidents, policy violations, and control failures, providing expert recommendations to senior management.
- Ensure timely and consistent reporting to the Audit & Risk Committee.
- Lead special audits and investigations as directed by Senior Management and the Audit Committee.
- Compliance - Review business operations for compliance with applicable regulatory requirements, internal policies, and governance standards.
- Analyze audit observations and oversee implementation of remediation and corrective action plans to minimize business risks. 4.

Business





Excellence - Recommend improvements to existing SOPs and Delegation of Authority (DOA) frameworks based on audit findings to enhance governance and operational efficiency.

- Monitor progress of improvement initiatives, ensuring adherence to defined timelines, budgets, methodologies, and expected outcomes. 5.

Technology

Management - Promote optimal utilization of audit technology and analytics platforms to improve audit effectiveness and operational efficiency.

- Support troubleshooting, issue escalation, and monitoring of technology utilization.
- Identify opportunities to automate audit activities and integrate technology-driven solutions into audit processes. 6.

Stakeholder

Management - Partner with the CEO, COO, CFO, and business leaders to strengthen understanding of business processes, risks, controls, and governance practices.

- Act as a Subject Matter Expert (SME), advising business stakeholders and the Audit Committee on emerging regulatory developments, risks, and governance matters.
- Governance & Quality Assurance - Foster a culture of transparency, compliance, accountability, and ethical business practices.
- Develop and implement audit governance frameworks, quality assurance metrics, and performance monitoring mechanisms.
- Define and implement escalation protocols for timely resolution of audit observations, control deficiencies, and operational incidents.

Key Interactions Internal

Stakeholders - CEO, COO, CFO,



and Business Leaders to understand strategic priorities, business processes, and key risks.

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

External

Stakeholders - Statutory Auditors

- Internal Audit Firms
- Third-Party Auditors and Assurance Partners
- Regulatory Auditors (as applicable) Qualifications - Chartered Accountant (CA) and/or Certified Internal Auditor (CIA).
- 12–15+ years of progressive experience in Internal Audit, Risk Management, Compliance, or Assurance, with significant leadership experience.
- Strong understanding of regulatory requirements, corporate governance, and internal control frameworks, preferably within the BFSI/NBFC sector.

Key Skills Required - Deep understanding of NBFC/HFC regulations, lending operations, credit lifecycle, and operational processes.

- Expertise in Risk-Based Internal Auditing, Internal Controls, Governance, and Enterprise Risk Management.
- Solid knowledge of regulatory compliance, corporate governance, and internal control frameworks.
- Excellent analytical, problem-solving, and investigative capabilities.
- Proven ability to identify business risks and recommend practical, value-driven solutions.
- Strong leadership and people management skills.
- Excellent stakeholder management with the ability to influence senior leadership, Audit Committee members, and the Board.
- High integrity, ethical mindset, and commitment to governance and compliance.
- Strong communication, presentation, and report-writing skills.
- Experience leveraging audit analytics and technology to improve audit effectiveness.

Mandatory Requirement Primary Job Profile : Internal Audit Technical Skills : Compliance, Risk Management Candidate Industry Requirement: NBFC, Bank

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