Head – Internal Audit – NBFC – CA PMS Consulting

The Corporate Institute; Delhi; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

The Corporate Institute in Delhi seeks a Head of Audit to lead the internal audit function, provide independent assessments of internal controls, risk management, and regulatory compliance.

You will develop risk-based audit plans, oversee audits across departments, drive fraud prevention, report to senior management and the Board, and mentor the audit team while continuously improving governance processes.

Qualifications

• Experience leading an internal audit function or equivalent.
• Ability to develop risk-based audit plans.
• Strong knowledge of internal controls, governance and regulatory compliance.

Responsibilities

• Lead and manage the internal audit function across the organization.
• Develop and execute a risk-based annual audit plan.
• Conduct independent reviews of controls, processes and risk management frameworks.
• Oversee audits across business functions for operational, financial, and compliance areas.
• Identify control weaknesses and recommend corrective actions.
• Drive fraud risk detection, prevention and investigation initiatives.
• Monitor regulatory compliance and track audit observations.
• Prepare audit reports for senior management and the Board.
• Mentor and develop the internal audit team.

Skills

Internal Audit

Process Audit

Operational & Financial Audit

Risk-Based Auditing

Internal Controls

Regulatory Compliance

Fraud Detection & Prevention

Risk Management

Audit Planning & Governance

Board / Senior Management Reporting

Process Improvement

Job description

Role Overview:

The Head Audit will lead the internal audit function and provide independent assessment of the organizations internal controls, risk management practices, operational processes, and regulatory compliance. The role will drive audit strategy, identify control gaps, support fraud prevention, and provide insights to senior management and the Board.

Key Responsibilities:

• – Lead and manage the overall internal audit function across the organization.
• – Develop and execute a risk-based annual audit plan aligned with business and regulatory requirements.
• – Conduct independent reviews of internal controls, processes, and risk management frameworks.
• – Oversee operational, financial, process, and compliance audits across business functions.
• – Identify control weaknesses, process gaps, and potential risks, and recommend corrective actions.
• – Drive fraud risk identification, detection, prevention, and investigation initiatives.
• – Monitor compliance with applicable regulatory requirements and internal policies.
• – Track audit observations and ensure timely closure of agreed corrective actions.
• – Work closely with business and functional leaders to strengthen internal controls and processes.
• – Prepare audit reports and present key findings, risks, and recommendations to senior management and the Board.
• – Drive continuous improvement of audit methodologies, processes, and governance frameworks.
• – Lead, mentor, and develop the internal audit team.

Key Skills:

• – Internal Audit
• – Process Audit
• – Operational & Financial Audit
• – Risk-Based Auditing
• – Internal Controls
• – Regulatory Compliance
• – Fraud Detection & Prevention
• – Risk Management
• – Audit Planning & Governance
• – Board / Senior Management Reporting
• – Process Improvement