Internal Auditor - CA

Internal Auditor (Hybrid Model)

Qualification: CA

Experience: 4 to 8 yrs

Job Location: Mumbai

Job Type: Permanent & Hybrid Model

Job Overview:

Our client looking for an experienced and detail-oriented Internal Audit Lead, for their India operations, to oversee and enhance the internal audit function. The ideal candidate will be responsible for evaluating and improving the effectiveness of risk management, control, and governance processes to ensure compliance with RBI regulations and industry best practices.

Roles & Responsibilities:

1. Internal Audit & Risk Management:

- Develop and implement risk-based audit plans aligned with regulatory requirements and company policies.

- Conduct internal audits covering financial, operational, and compliance risks.

- Identify potential risks and recommend risk mitigation strategies.

- Assess the adequacy and effectiveness of internal controls and operational processes.

2. Regulatory & Compliance Oversight:

- Ensure compliance with RBI regulations, the Companies Act, and other applicable laws governing NBFCs.

- Monitor and evaluate regulatory updates and assess their impact on company policies.

- Conduct periodic compliance checks and prepare regulatory reports.

3. Process Improvement & Internal Controls:

- Recommend process improvements to enhance operational efficiency and control mechanisms.

- Work closely with various departments to ensure adherence to best practices and policies.

- Assist in developing and implementing Standard Operating Procedures (SOPs).

4. Audit Reporting & Documentation:

- Prepare audit reports highlighting key findings, risks, and corrective actions.

- Present audit findings and recommendations to senior management.

- Maintain audit documentation and ensure timely follow-ups on audit observations.

5. Fraud Prevention & Investigation:

- Identify red flags and conduct investigations into potential fraud or irregularities.

- Work with legal and compliance teams to address and report fraud cases as required.

Qualifying Criteria:

- 4-8 years of internal audit experience, preferably in BFSI. Big 4 experience is a plus.

- Strong knowledge of RBI guidelines, risk management, and internal control frameworks.

- Experience in using audit and risk assessment tools.

- Proficiency in audit software, and data analytics.

- Strong analytical and problem-solving skills.

- Sound understanding of financial statements and risk assessment techniques.

- Ability to interpret regulatory requirements and compliance obligations.

Mandatory:

- Experience in Financial Services / Fin Tech Sector.

- Experience in NBFC / MSME Lending / Digital MSME Lending/Loans.