Role: Internal Audit

Level: Deputy General Manager

Location: Gurgaon

Role Purpose:

The incumbent will be responsible to establish and manage the Internal Audit (IA) function for Airtel Money Limited, ensuring:

- Compliance with RBIs Risk-Based Internal Audit (RBIA) framework

- Effective governance of co-source audit partner

- Strong control environment and audit discipline from inception.

Principal Responsibilities & Accountabilities:

- Establish IA framework, audit charter, policies, and operating model

- Develop Risk-Based Internal Audit (RBIA) plan aligned to regulatory expectations

- Build audit universe covering operations, compliance, technology, and financial controls

- Ensure independence and reporting to Audit Committee

- Lead onboarding and day-to-day governance of co-source IA partner(s)

- Define audit scope, allocate audits, and review deliverables

- Ensure quality and consistency of audit execution, adherence to agreed timelines and coverage, and alignment with IA methodology

- Review audit findings, risk ratings, and root cause analysis

- Ensure high-quality audit documentation and working papers

- Review and finalize audit reports before submission to management / Audit Committee

- Have regular interactions with the statutory auditors and be informed of the financial issues observed by them, consider the same while reviewing the annual plan on quarterly basis and propose changes to the plan in the light of accounting issues noted.

- Monitor closure of audit observations and management action plans

- Ensure timely closure of high-risk issues

- Prepare status of action tracker report and be responsible for testing the implementation status of the committed actions

- Review audit work-papers and related correspondence with the co-sourced partner, determine that audit work performed adequately satisfies audit objectives, and perform Internal Auditing quality assurance procedures.

Nature of Work:

The role holder will be responsible for supervising and controlling the work of co-sourced audit partner and it requires the incumbent to have an in-depth knowledge of the NBFC industry.

The position requires an ability to establish good working relationships with auditee management and to gain their confidence and respect, with an ability to analyze problems and present solutions that are practical and acceptable, involving dealing with sensitive and confidential issues requiring both diplomacy and firmness.

He/ She will have to stay current with developments in auditing accounting standards and it is essential to be able to understand rapidly changing audit techniques and to utilize them in the context of a changing company environment.

Education, Skills and Experience:

- Chartered Accountant/ MBA (Finance), CIA preferred

- 4 - 6 years of experience in Internal Audit / Risk / Compliance in NBFC / Banking / Financial Services / Exposure to fintech / digital lending ecosystem

- Well versed with RBI regulations and other NBFCs specific regulations

- Business mindset, Analytical ability with an eye for detail and strong communication skills, with the ability to clearly and succinctly articulate issues

- Ability to identify, build and enhance key relationships, influencing and challenging as required and partnership governance

- Have energy, passion and perseverance to complete every task given

- Encourages and reinforces bold and innovative ideas and takes accountability for decisions

- Experience managing audit partners / consulting firms (Big4 / consulting firms)

- Ability to independently manage IA function with limited team

- Strong stakeholder management and communication