To execute internal audits of Bajaj Auto Credit’s pan-India operations, with focus on controls across the lifecycle of Two-Wheeler (2W) and Three-Wheeler (3W) financing.
The candidate will evaluate the effectiveness of risk management, control, and governance processes, specifically focusing on credit underwriting, collections, and digital lending journeys.
Key Responsibilities
1. Operational & Field Audits
- Plan and execute risk-based audits for Spoke & Hub locations, focusing on 2W/3W dealer-point financing and collection agencies.
- Verify the integrity of the Credit Underwriting process, ensuring adherence to the Credit Policy and delegated authority limits.
- Audit the Collections & Recovery framework, including the management of repossession agencies, settlement processes, and yard management.
2.
Process & Compliance Audit
- Review the Lending Lifecycle (Sourcing Disbursement Servicing Closure) to identify gaps in the digital and physical workflows.
- Ensure strict compliance with RBI Master Directions for NBFCs, including Fair Practices Code (FPC), KYC/AML norms, and Scale Based Regulations (SBR).
- Evaluate the effectiveness of Statutory Compliances related to GST, TDS, and other financial regulations specific to the lending business.
3. Data Analytics & Fraud Prevention
- Utilize Data Analytics (CAATs) to identify patterns of early-delinquency, fraudulent sourcing, or systemic "circular trading" at dealer counters.
- Investigate Whistleblower complaints or suspected internal/external fraud cases related to loan disbursements.
4. Reporting & Stakeholder Management
- Prepare high-quality, concise Audit Reports for Senior Management and the Audit Committee.
- Track and monitor the implementation of audit r
📌 Manager - Internal Audit - BACL (India)
🏢 Bajaj Auto
📍 India
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