Role Overview We are looking for an experienced Internal Audit professional to lead the Internal Audit function. The role will provide independent assurance on the effectiveness of internal controls, risk management, governance and business processes across investment strategies, funds and corporate functions.

Key Responsibilities
• Lead the overall Internal Audit function, developing a risk-based audit plan covering investment operations, fund management, portfolio monitoring, finance, compliance, treasury, technology and corporate functions.
• Conduct audits across alternative asset classes, including private credit, real estate, infrastructure, fixed income and equities, covering investment processes, deal execution, portfolio monitoring, valuation and exit processes.
• Evaluate the design and effectiveness of internal controls, governance frameworks, policies and operating procedures, identifying control gaps and recommending improvements.
• Assess investment-related risks, including due diligence, investment approvals, covenant monitoring, valuation methodologies, fund expenses, conflicts of interest and adherence to investment mandates.
• Review end-to-end business processes to identify operational inefficiencies,



control weaknesses and opportunities for process improvement and automation.
• Present audit findings, key risks and remediation status to senior management, the Audit Committee and the Board, as applicable.
• Work closely with business teams, Risk, Compliance, Finance and other stakeholders to drive timely closure of audit observations and strengthen the control environment.
• Lead and develop the Internal Audit team, while coordinating with external auditors and specialist advisors, as required. Candidate Profile
• 12+ years of experience in Internal Audit, preferably within asset management, alternative investments, financial services or investment management businesses.
• Solid understanding of investment management processes, fund structures, portfolio operations and risk-based auditing.
• Experience in auditing multiple asset classes, investment transactions, financial controls and operational processes.
• Demonstrated ability to independently lead audits, identify key risks and influence senior stakeholders on control improvements.
• Strong analytical, communication, report-writing and stakeholder management skills.
• CA / CIA / CISA / MBA Finance or an equivalent relevant qualification preferred

📌 Internal Audit (Mumbai)
🏢 Alpha Alternatives
📍 Mumbai