Internal Auditor - Risk-Based Internal Audits - NBFC

Description:

Job Description Internal Audit (Risk Based Internal Audit)

Organization: NBFC

Function: Internal Audit

Reporting to: Head Internal Audit

Experience: 56 Years

Industry: NBFC / BFSI

Travel: Yes, as per audit plan

Role Summary:

The role involves conducting Risk-Based Internal Audits (RBIA) across various business and support functions of KMPL, in line with the approved audit plan. The incumbent will assess risks, evaluate internal controls, ensure regulatory compliance, and provide actionable recommendations to strengthen the control environment.

Key Roles & Responsibilities:

- Conduct Risk-Based Internal Audits (RBIA) for business and support functions as per the annual audit plan

- Identify and assess operational, financial, regulatory, and compliance risks

- Evaluate the effectiveness of internal controls, policies, and processes

- Review adherence to regulatory guidelines, internal policies, and SOPs

- Prepare audit reports, highlight key observations, and track closure of audit issues

- Independently handle audit assignments and lead audit teams where required

- Coordinate with business stakeholders to discuss findings and agree on action plans

- Support management reviews, special audits, and investigations as required

- Stay updated with industry trends and regulatory changes impacting the business

- Willingness to travel for branch and process audits

Key Skills & Competencies:

- Strong understanding of audit, risk management, and internal controls

- Knowledge of financial products, NBFC operations, and regulatory requirements

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

- Strong communication and presentation skills

- Ability to handle large datasets and perform efficient data analysis

- High energy, self-starter attitude with ability to work under pressure

- Strong attention to detail and process orientation

Eligibility Criteria:

- Experience: 56 years in Internal Audit / Risk / Internal Control

- Industry Exposure: BFSI / NBFC preferred

- Team Handling: Should have led teams and possess good managerial skills

- Education: CA / MBA (Finance) / ICWA / relevant professional qualification preferred

Preferred Candidate Profile:

- Experience in RBIA framework implementation

- Exposure to vehicle finance / retail lending processes

- Ability to manage audits independently with minimal supervision

- Strong stakeholder management skills