Head - Internal Audit - FinTech/NBFC - CA

About Company:

A fintech, startup, NBFC that focuses on providing credit products such as farm loans, business loans, housing loans etc, catering to farmers, MSME and salaried persons.

Responsibilities:

- Conduct Internal Audits: Lead and execute comprehensive internal audits to assess the effectiveness of internal controls, compliance with regulatory requirements, and adherence to company policies and procedures.

- RBI Compliance: Ensure compliance with all relevant RBI regulations applicable to NBFCs, staying abreast of any regulatory updates and implementing necessary changes within the organization.

- Risk Control Matrices (RCMs) and Internal Financial Controls (IFCs): Develop and maintain risk control matrices and internal financial controls to mitigate operational, financial, and compliance risks effectively.

- External Audit Management: Manage relationships and engagements with external audit firms, coordinating audit activities, providing necessary information, and ensuring timely completion of audits.

- Presentation at Audit Committee: Prepare and present audit findings, recommendations, and reports to the Audit Committee, providing insights into the company's internal control environment and risk management practices.

- Team Management: Lead and mentor a team of internal audit professionals, providing guidance, training, and support to ensure high performance and professional development.

- Stakeholder Communication: Collaborate with key stakeholders across the organization, including senior management, department heads, and regulatory authorities, to communicate audit results, address concerns, and drive continuous improvement initiatives.

- Process Improvement: Identify opportunities for process improvements and efficiency enhancements within the internal audit function and recommend strategies for implementation.

Qualifications:

- Chartered Accountant (CA) qualification is mandatory.

- 6 to 8 years of progressive experience in internal audit, preferably within the retail NBFC sector.

- In-depth knowledge of RBI regulations pertaining to NBFCs and demonstrated experience in regulatory compliance.

- Proficiency in developing and implementing risk control matrices (RCMs) and internal financial controls (IFCs).

- Proven track record of managing external audit engagements and interfacing with external audit firms.

- Experience in presenting audit findings and reports to Audit Committees or equivalent governing bodies.

- Strong leadership and team management skills, with a minimum of 4 years of experience in managing a team.

- Excellent interpersonal and communication skills, with the ability to effectively engage with stakeholders at all levels of the organization.