Internal Auditor - CA

About the Role:

- We are seeking a highly motivated and experienced Internal Auditor to join our dynamic team.

- This critical role will provide independent and objective assurance on the effectiveness of our governance, risk management, and control processes.

- The Internal Auditor will play a key role in safeguarding the company's assets and reputation by identifying areas of improvement and recommending solutions to enhance operational efficiency and compliance.

- This position offers an excellent opportunity to contribute significantly to the growth and success of the organization.

Responsibilities:

- Planning & Execution of Audits: Develop and execute comprehensive internal audit plans covering all aspects of the company's operations, including both wholesale and retail finance businesses (including outsourced activities) and related legal entities.

- This includes identifying key risks, determining audit scope, and developing appropriate audit procedures.

- Risk Assessment: Conduct regular risk assessments to identify emerging risks and vulnerabilities across the organization.

- Maintain an awareness of industry best practices and regulatory changes to ensure audit plans are aligned with the evolving risk landscape.

- Process Evaluation: Evaluate the design and effectiveness of internal controls, risk management frameworks, and compliance processes.

- Identify control gaps and weaknesses and recommend practical solutions for improvement.

- Compliance Monitoring: Monitor compliance with applicable laws, regulations, and internal policies, including those mandated by the Companies Act, RBI/NHB, and other relevant regulatory bodies.

- Reporting & Communication: Prepare clear and concise audit reports documenting audit findings, recommendations, and management responses.

- Communicate audit results effectively to senior management and the Audit Committee of the Board (ACB).

- Special Investigations: Conduct special investigations or reviews as requested by the ACB, senior management, or regulators.

- Governance Enhancement: Assess and recommend improvements to governance processes related to business decision-making, risk management, control, ethics, performance management, and staff accountability.

- Collaboration & Relationship Management: Build and maintain strong working relationships with key stakeholders across the organization.

- Collaborate effectively with management to implement audit recommendations.

- Continuous Improvement: Stay abreast of industry best practices, emerging risks, and regulatory changes.

- Contribute to the ongoing development and improvement of the internal audit function.

Qualifications:

Education: Chartered Accountant (CA), MBA (Finance).

Experience: 4 to 10 years of total work experience in internal audit and risk management within the HFC, NBFC, or Banking sector, including experience with Big 4 audit firms.

Knowledge:

- Strong understanding of the HFC, NBFC, and Banking systems.

- Familiarity with the Companies Act, RBI/NHB regulations, and other relevant regulatory requirements.

- Solid knowledge of internal audit methodologies, risk assessment frameworks, and control frameworks (e.g , COSO).

- Experience in conducting audits of both wholesale and retail finance businesses.

Skills:

- Excellent analytical, problem-solving, and critical thinking skills.

- Strong communication (written and verbal) and interpersonal skills.

- Ability to work independently and as part of a team.

- Strong organizational and time management skills.

- Proficiency in relevant software and tools (e.g , audit management software, data analytics tools)