Internal Audit Execution
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 prospects 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.