Head - Internal Audit - Retail Assets

Job Title: Head - Internal Audit

Department: Internal Audit

Reports to: Audit Committee

Location: Head Office

Job Purpose Statement:

The incumbent will oversee & lead the internal audit function, ensuring the company's compliance with regulatory requirements, identifying operational risks and enhancing internal controls.

Duties & Responsibilities:

- Developing Audit Charter, Audit policy, Risk based Annual plan tailored to specific risks and regulatory requirement of HFC

- Setting up branch audit framework for 360+ branches at Zonal, Regional and cluster levels.

- Communication of audit findings/ recommendations to SMT's & Audit committee, contributing to strategic decision-making.

- Implemented Audit scoring matrix- Management Awareness and Audit score and Regional Audit Scoring for branches.

- Continuous auditing and continuous monitoring (CA/CM) of Early Warning Signals as per NHB

- Automation initiatives - mobile application for branches and ATR to streamline audit processes to enhance efficiency.

- The candidate needs to have Audit experience in Banks (must have) and NBFC (good to have).

- He should be conversant with planning Audit calendar and overseeing audits, RBIA , branch audits and should possess good audit report drafting skills.

- The role will involve reviewing all audit reports and doing quality check by providing inputs to the Audit team lead

Organizational Relationship:

Audit Committee:

Head - Internal Audit

Key Challenges (List the key tasks performed to support the main objectives of the position).

Decision Making Authority (Describes the type of decisions made alone, those on which the manager must be consulted, those referred to a higher level, and job procedures to be followed)

Job Requirements:

Professional Qualifications:

Skills & Knowledge:

- Leadership Competencies

- Functional Competencies

- CA/MBA Finance with minimum 10 years of experience in internal audits

- Expertise in risk-based auditing, fraud investigations and internal control frameworks

- Strong knowledge of Indian financial regulations especially RBI & NHB guidelines

- Excellent analytical, problem-solving and decision-making skills

- Strategic Business Orientation

- Leadership through sustainability

- Customer Focus

- Leveraging Human Capital

- Weaving Passion and Energy at Work

- Result Orientation with Execution Excellence

- Housing Finance Basics

- Digital Financial Literacy

- Planning and Process Orientation

Kindly contact : 6266506620