FatakPay – Head – Internal Audit FatakPay Digital Pvt. Ltd.

The Corporate Institute; Mumbai; On-site; INR 6,000,000 - 9,000,000; Full time

Job summary

The Corporate Institute is seeking an experienced Head of Internal Audit to lead the organization’s internal audit function across functions and companies in Mumbai. The role provides independent assurance on governance, risk management, internal controls, and regulatory compliance, while partnering with leadership to strengthen processes and mitigate risk.

Key responsibilities include developing the annual risk-based audit plan, leading diverse audits, evaluating controls, and presenting

Qualifications

• CA with preferred certifications (CIA, CISA, CPA) adds advantage.
• 10+ years in Internal Audit, Risk, Assurance or Compliance.
• 5+ years in a leadership role.
• Experience in NBFC, fintech, banking, financial services or Big Four preferred.

Responsibilities

• Develop and execute the annual risk-based internal audit plan.
• Lead audits across operational, financial, compliance, technology and processes.
• Evaluate internal controls and recommend improvements.
• Ensure regulatory compliance with RBI regs and other guidelines.
• Present findings and recommendations to senior management and Audit Committee/Board.
• Monitor closure of audit observations and drive timely corrective actions.
• Conduct fraud risk assessments and support investigations.
• Drive governance, efficiency, and automation in business processes.
• Collaborate with Risk, Compliance, Finance, Tech and Operations while maintaining independence.

Skills

Leadership

Stakeholder Mgmt

Regulatory Knowledge

Analytical Thinking

Executive Presence

Education

Chartered Accountant (CA) preferred

CIA / CISA / CPA advantageous

Job description

Role Overview:

We are seeking an experienced and independent Head of Internal Audit to lead the organization’s internal audit function across functions and companies.

The role will provide independent assurance on the effectiveness of governance, risk management, internal controls, and regulatory compliance while partnering with leadership to strengthen business processes and mitigate risk.

Key Responsibilities:

• Develop and execute the annual risk-based internal audit plan.
• Lead operational, financial, compliance, technology, and process audits across all business functions.
• Evaluate the adequacy and effectiveness of internal controls, identifying risks and recommending practical improvements.
• Ensure compliance with applicable regulations across regulators, digital lending guidelines, statutory requirements, and internal policies.
• Present audit findings, key risks, and recommendations to senior management and the Audit Committee/Board.
• Monitor closure of audit observations and ensure timely implementation of corrective actions.
• Conduct fraud risk assessments and support investigations into control failures or suspected fraud.
• Review governance, operational efficiency, and business processes, driving continuous improvement and automation where appropriate.
• Work closely with Risk, Compliance, Finance, Technology, and Operations teams while maintaining the independence of the audit function.
• Build, mentor, and lead a high-performing Internal Audit team, fostering a culture of accountability and continuous improvement.

Eligibility / Qualification:

• Chartered Accountant (CA) preferred; CIA, CISA, CPA, or similar certifications are an advantage.

Experience Required:

• 10+ years of experience in Internal Audit, Risk, Assurance, or Compliance, with at least 5 years in a leadership role.
• Prior experience in an NBFC, fintech, banking, financial services, or a Big Four consulting firm.
• Strong understanding of RBI regulations, risk-based auditing, internal controls, and corporate governance.

Key Competencies:

• Risk-Based Internal Auditing.
• Internal Controls & Governance.
• Regulatory Compliance.
• Fraud Risk Management.
• Analytical & Problem-Solving Skills.
• Stakeholder Management.
• Leadership & Team Development.
• Strong Communication & Executive Presence.