- Conduct risk-based internal audits across business units, branch operations, and support functions.
- Prepare audit planning documents, risk assessments, and audit programs.
- Perform detailed testing of operational, financial, compliance, and process controls.
- Identify control gaps, operational risks, and process inefficiencies.
- Document audit observations supported by adequate evidence.
Risk & Compliance
- Evaluate compliance with RBI regulations applicable to NBFCs, company policies, SOPs, and statutory requirements.
- Assess adherence to internal control frameworks and governance standards.
- Review implementation of regulatory guidelines and recommend corrective actions.
Audit Reporting
- Prepare audit reports highlighting observations, root causes, risk implications, and practical recommendations.
- Discuss findings with stakeholders and obtain management responses.
- Present audit observations to senior management whenever required.
Follow-up & Monitoring
- Track closure of audit observations and agreed action plans.
- Validate implementation of corrective actions.
- Escalate overdue or high-risk observations.
Process Improvement
- Recommend enhancements to strengthen internal controls and improve operational efficiency.
- Participate in process reviews and policy revisions.
- Identify opportunities for automation and data-driven audit techniques.
Stakeholder Management
- Coordinate with business teams, operations, finance, credit, collections, IT, HR, legal, and compliance teams during audits.
- Build team-oriented relationships while maintaining audit independence.
Documentation
- Maintain complete audit working papers in line with internal audit standards.
- Ensure timely documentation and record retention.