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30/11 Bhumika
Managing Partner at Kairos Consulting India

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Senior Role - Internal Audit - Wholesale Lending - NBFC - CA (18-20 yrs)

Mumbai Job Code: 1187286

The primary role of INA function is to help the Board of Directors and Senior Management of the Company to protect its assets, reputation and sustainability. INA function provides independent and objective assurance as to whether design, quality and operational effectiveness of internal controls, risk management and governance related systems and processes as represented by Management, is adequate. The INA function is an integral part of sound corporate governance and the Company has adopted a risk management framework referred to as "Three lines of defense". INA's scope of work as the Third Line of defense includes:

- All activities in both Wholesale and Retail finance businesses (including outsourced activities) and related legal entities. INA determines areas within its scope through Risk Based Audit Plan (RBIA) by adopting an independent approach.

- Assesses and make appropriate recommendations to improve the governance processes on business decision making, risk management and control; promote appropriate ethics and values within PCHFL; and ensure effective performance management and staff accountability etc.

- Undertake audits, special investigations, or reviews at the request of Audit Committee of Board (ACB), Senior Management or Regulators.

Overview of Role:

Role of the Internal Auditor is to conduct an independent and objective assessment of the processes and provide an unbiased opinion of the Company's operations. Audit needs to evaluate and improve the effectiveness of the control, risk management, and compliance processes.

Key responsibilities shall include:

- Reviewing the systems established by management to ensure compliance with those policies, plans, procedures, laws and regulations which could have a significant impact on operations of the organization.

- Reviewing the means of safeguarding assets and, as appropriate, verifying the existence of assets.

- Reviewing operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned.

- Reviewing the reliability and integrity of financial and operating information and the means used to identify, measure, classify and report such information.

Required Job Skills and Experience:

- Strong familiarity with Companies Act, RBI / NHB and other regulatory requirements.

- Significant experience in developing, testing, and assessing internal controls.

- Maintain awareness of changes in operations, regulations, and audit practices in order to evaluate effectiveness and efficiency, and advocate and influence the highest standards of ethics, discipline, and professionalism.

- Should be objective in performing his work; should have an impartial, unbiased attitude and avoid areas of conflict of interest

- Strong analytical skill with knowledge and understanding of the HFC, NBFC and Banking systems, internal control, and reporting processes.

- Good knowledge of wholesale lending processes with NBFC and / or Banks in Internal Audit.

- 12-18 years of total work experience in internal audit and risk management of HFC / NBFC / Banking, and Big 4 audit firms.


- Bachelor's degree required

- Chartered Accountant

Additional Certification (Optional):

- Certified Internal Auditor or equivalent audit certifications

Competencies / Technical Skills:

- Ability to identify and evaluate potential risks and escalate appropriately for debate and resolution.

- Strong analysis and fact-based decision-making. Expected to look beyond the issue at hand and raise questions.

- Proven ability to communicate complex information in simple terms (oral and written). Influence horizontally and vertically across the organization and diverse audiences. Will work both independently and as part of a team and be expected to develop relationships with other control functions.

- Project Management skills ability to cope with delivery within very tight deadlines under high pressure. Ability to prioritize work activity to maximize performance against agreed targets

- A good team leader with strong coordination skills. Ability to manage smaller & larger teams and work with across teams/locations to accomplish goals in a timely manner.

- Sound knowledge of Microsoft Office applications - PowerPoint, Excel and Word and ability to work on these without any support.

Shift Timings: Regular Shift

Domestic Travel: Need based

Women-friendly workplace:

Maternity and Paternity Benefits

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